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745 Malvern Road, Toorak VIC 3142

For Sale | $3,700,000-$4,000,000

Listed: 22nd May 2026
Updated: 7 days ago
Overview

This gracious solid brick Edwardian home is situated on a generous allotment of approximately 700 square meters, offering three to four bedroom accommodation with a preferred northern rear orientation. The property presents excellent scope for renovation and extension, making it an ideal luxury new home or development site. It features a broad frontage of 15.27 meters and holds potential to re-instate an expired four residence planning permit, subject to council approval (STCA). The zoning is 12m General Residential Zone Schedule 1, with no heritage overlay.

The home retains handsome family proportions, including high ceilings, timber floors, and rich period features. It offers elegant formal and informal living domains, with a kitchen adjoining the meals and family room that overlooks a generous backyard. The property benefits from abundant natural light throughout.

Superbly positioned in the heart of Toorak, the home is surrounded by quality residences and family estates. It is within walking distance to prestigious schools such as Loretto, St Catherine’s, Scotch, and St Kevin’s Colleges. Additionally, it is conveniently close to Toorak station, Beatty Avenue cafes and eateries, and Hawksburn village, with trams available at the front doorstep, providing excellent public transport options.

This property offers a unique opportunity to renovate, rebuild, or develop in one of Melbourne’s most sought-after suburbs, combining classic charm with modern potential in a prime location.

Local Market Insights

In Toorak, Quiet Listings observed 7 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $8,904,757. The property type mix of listed properties is predominantly Apartments at 47%, followed by houses (35%), and units (9%). The most active agency for houses in the Toorak area is currently Marshall White, representing 57% of new listings, followed by Jellis Craig with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
For Sale | $3,700,000-$4,000,000
Contact Agent
Location
745 Malvern Road
Toorak VIC 3142
Market Insights for Toorak VIC 3142
New Listings (last 30 days)
7
Average price
$8,904,757
Lowest price
$2,000,000
Highest price
$17,333,300
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