88 Grange Road, Toorak VIC 3142

88 Grange Road, Toorak VIC 3142
Elevated street presence | No heritage overlay | Multi-generational layout | Pool maintenance cost | 1992 last transacted The absence of heritage overlay permits further reconfiguration or extension, reducing future renovation risk. The substantial block with self-contained upper and lower living areas supports dual occupancy or intergenerational use without structural compromise. Maintenance liability from the pool and extensive garden should be costed upfront; this property values as a hold-and-upgrade rather than a quick flip. The combined land-to-building ratio is rare for Toorak, delivering scale and separation rarely available near village amenities. The lift, multiple kitchens, and separate office wing strengthen resale appeal to professional families valuing privacy. This property best suits a buyer prioritising long-term compound location over immediate cosmetic perfection. Consider consulting a building inspector to quantify pool and deck refurbishment costs before bidding.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Toorak is a prestigious, established suburb with a high owner-occupier presence, primarily driven by affluent, professional households. Recent market conditions show a divergence, with house prices experiencing a correction while the unit segment demonstrates relative resilience. Future growth is underpinned by its enduring appeal and proximity to the city, though the market faces headwinds from reduced sales volumes and sensitivity to broader economic factors.
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PropCred Estimated Value

Bedrooms

6

Bathroom

7

Parking

4

Land

1115mΒ²

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