5/530 Toorak Road, Toorak VIC 3142

Mid-century character | double brick construction | top-floor privacy | village lifestyle | strong rental yield This unit presents a competitively rare offering within Toorak’s prestige postcode, combining time-tested, solid double-brick construction with a turnkey, character-filled interior. Its position in a quiet, green setting provides a calm domain while being footsteps from village amenities and trams, serving downsizers or professionals seeking a low-maintenance lifestyle without compromising on location or charm. The estimated rental yield is strong for the area, indicating reliable demand from a quality tenant pool. The primary decision point is the unit’s configuration—a single bathroom limits appeal compared to more common two-bathroom layouts in the suburb, which may moderate capital growth relative to higher-specification stock. There is no financial risk from overlays. The commercial logic is clear: acquire a fundamentally sound property in an elite postcode for either a high-yielding investment or a cost-effective entry into Toorak. Hold for secure, long-term rental income or as a lifestyle purchase. Recent comparable sale: • The property itself last sold for $596,000 in December 2023, against a current estimated value of $637,000. This suggests a period of sustained value increase, supporting the underlying demand for well-positioned character units in this market.