Toorak’s real estate market is known for its record-breaking values, large blocks, and growth potential. Until recently, the suburb was full of period homes that have slowly been bought up and demolished by people wanting to build brand-new and ever-larger homes.
If you’re looking to buy in Toorak, most significant properties are sold “off-market.”
The suburb is very tightly held, and prices reflect this, due to the supply and demand ratio. Most owners value their privacy, and usually, we have clients waiting for a new property to become available that is not widely promoted.
Achieving a successful result within Toorak is often just as much about who you know and how often you’re in touch with them as it is about what you know.
Lately, homes with Heritage protection due to their originality and significance have been selling well below those without protection, mainly because clients want land sites where they can build brand-new homes.
It is often difficult for property buyers to disregard inaccurate quote prices, so buying within Toorak with the help of a professional buyer’s advocate will save you time, money, and lost opportunities.
Get in touch and discover how one of the most experienced buyer’s agents in Toorak can help you find your dream home at the right price and stress-free.
