1/62 Mathoura Road, Toorak VIC 3142
1/62 Mathoura Road, Toorak VIC 3142
Ground-level Victorian | private gardens all sides | north and west light | between two villages | single-level prestige
This is an uncommon configuration for Toorak. Most stock in the suburb is either upper-level apartments, contemporary boutique product, or full houses on larger blocks. A ground-floor, single-level Victorian with garden surrounds and marble kitchen finishes sits in a narrower, more particular segment. It suits downsizers who want the Toorak address without stairs or a large landholding, and professional couples who value character detail alongside lock-up-and-leave practicality. The period features, stained glass, high ceilings, and ornate detailing give it a warmth that newer builds often lack. Its position between Hawksburn and Toorak villages means everyday amenity is genuinely walkable, which strengthens its appeal for owner-occupiers rather than investors.
The property’s value may be shaped by how the market prices single-level period stock against newer boutique apartments on the same street. The garden setting and daylight orientation are strong, but the absence of a confirmed car space count and the niche nature of the layout could narrow buyer competition. Buyers should weigh the condition of the kitchen and bathroom against the asking level, and consider whether the flexible three-bedroom or two-plus-study arrangement matches their needs. Heritage-era properties often carry maintenance expectations, so inspection of the building envelope and shared infrastructure matters.
|| Comparable Sales: 61 Mathoura Road sold at $2.882M for a 3-bed house; 6/6 Mathoura Road marketed at $3.9M–$4.2M for a 3-bed apartment | Property Price Band: $2.3M–$2.5M | Value Drivers: single-level rarity, garden surrounds, period condition, village proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 1/62 Mathoura Road, Toorak VIC 3142
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Toorak, 5 km south-east of the CBD, is a prestige market driven by affluent, mostly childless professional couples; 65.2% of homes are owner-occupied and the average resident age is 48. Recent house price signals are mixed: a median of $5.8m records -5.84% annually, while the five-year median value is up 12.72%, though alternative sources show sharper corrections. Units show a median of $1.2575m (+3.54% annually), with gross yields of 2.92% versus 1.45% for houses. Sales volumes have fallen sharply year-on-year – houses down 35.7%, units down 27.3% – yet auction clearances remain robust (79.4% houses; 69.5% units). Days on market range from 29 to 79. Future growth is supported by long-run capital appreciation and high clearance rates, but constrained by affordability, rising supply (18–26 listings) and rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 61 Mathoura Road sold at $2.882M for a 3-bed house; 6/6 Mathoura Road marketed at $3.9M–$4.2M for a 3-bed apartment | Property Price Band: $2.3M–$2.5M | Value Drivers: single-level rarity, garden surrounds, period condition, village proximity
Bedrooms
2
Bathroom
2
Parking
2
Land
613m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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