Toorak’s top 10: $500m of mansions on offer as listings surge
The three big Ds – death, divorce and downsizing – plus land tax bills are behind an unprecedented surge in mansions on the market in Melbourne’s Toorak.
This Toorak home at 12 St Georges Road comes with a range of health and wellness features and an indicative price tag of $40 million.
Trophy home shoppers are spoilt for choice in Melbourne’s most expensive suburb of Toorak, where a slew of hefty $20 million-plus listings have hit the spring market.
Spearheaded by the Myer family’s landmark $100 million Cranlana estate, Toorak’s top 10 listings could tally $488 million in sales and reset Melbourne’s residential price record if the pointy ends of the asking prices are achieved.
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