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Toorak Gardens

POSTAL CODE: SA, 5065
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Property investors enjoyed capital gains of 37.75% over the last 12 months in TOORAK GARDENS, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in TOORAK GARDENS are low, as opposed to average gains per annum over the past five years.

The suburb posted a 43.55% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

On average, rents on listings have reached the $750 mark, reflecting a 1.39% increase in returns based on the current median price in TOORAK GARDENS.

TOORAK GARDENS, 5065 ranks 5th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 368th on the list of best yielding suburbs for rental properties in SA, posting a 1.39% return.

Surburb overview

Toorak Gardens, located approximately 3 kilometres east of Adelaide’s central business district, is an affluent and highly sought-after suburb within the City of Burnside. Known for its elegant heritage homes, tree-lined streets, and proximity to Adelaide’s amenities, Toorak Gardens offers a prestigious suburban lifestyle. The suburb attracts professionals, families, and retirees who value its quiet, refined atmosphere and convenient access to the city. With a population of around 2,500 residents, Toorak Gardens is known for its leafy streets, beautiful gardens, and well-maintained public spaces.

Public transportation in Toorak Gardens is convenient, with regular bus services running along key roads such as Greenhill Road and Portrush Road, connecting the suburb to Adelaide’s CBD and surrounding areas. For those who prefer to drive, the suburb is well-connected by main roads, offering quick access to both the city centre and the surrounding eastern suburbs.

Toorak Gardens is well-served by a range of essential services and amenities. The nearby Burnside Village Shopping Centre is one of Adelaide’s premier retail destinations, offering high-end boutiques, supermarkets, cafes, and restaurants. The suburb is also close to the vibrant Norwood Parade precinct, providing further shopping and dining options. Healthcare services are readily available, with local medical clinics and the Burnside War Memorial Hospital located within the suburb, ensuring residents have access to comprehensive healthcare.

Recreational opportunities in Toorak Gardens are plentiful, with several parks and green spaces providing areas for relaxation and outdoor activities. The suburb is home to the picturesque Fergusson Square, a popular spot for picnics and family outings, as well as Victoria Park, located just west of the suburb, which offers extensive walking and cycling paths. Residents also benefit from being close to the Adelaide Parklands and Botanic Gardens, providing additional recreational options.

Toorak Gardens is renowned for its heritage architecture, with many well-preserved homes dating back to the early 20th century. The suburb’s charming bungalows, Edwardian villas, and stately homes give it a unique character, contributing to its reputation as one of Adelaide’s most desirable residential areas.

Families in Toorak Gardens benefit from access to several high-quality schools, including Rose Park Primary School and Loreto College, one of Adelaide’s leading private schools. The suburb’s strong community feel, combined with its proximity to excellent schools, makes it a popular choice for families.

With its blend of historic charm, access to modern amenities, and proximity to the city, Toorak Gardens offers a luxurious and convenient lifestyle. Its leafy streets, prestigious homes, and family-friendly environment make it one of Adelaide’s most sought-after suburbs.

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