Toorak Home Renovation And Extensions Projects

There are numerous reasons why you might need more space in and around your home. Perhaps your growing home-based business needs larger office space, or you are expecting a baby. Regardless of the reason, there are many things to consider before you choose your next step. 

Before you decide to sell up and move, it is important to know that an extension will not only create the space that you need but will also add more value and an attractive appeal to your property. This is where Period Extensions & Designs are here to help. We have decades of experience helping homeowners in the Toorak area to achieve their dream home with some carefully planned renovations and extensions. 

Why Choose Toorak?

Surrey Hills is the perfect place to live because the neighbourhood is friendly and has a certain charm to it. Many of the streets are lined with beautiful pin oak trees, as well as gorgeous period houses that make this one of the most unique suburbs in the inner eastern suburbs.

Besides that, people love Surrey Hills because it’s one of the safest places to live in all of Melbourne. This is why it’s not surprising that lots of people enjoy taking local walks throughout the area to enjoy the peace and tranquillity.

Distance to

Distance from Melbourne

Toorak Demographics

The population of Toorak is just over 13,000 of which around 11% is independent youth, 17% are older couples and families, 15% maturing and established independence, while over 47% of people are married.

The main occupations of people living in Toorak are almost 40% professionals, 23% managers, just over 21% sales administrative workers, 6.8% community and personal service workers, and almost 5% technicians and trades workers.

Almost 42% of homes in Toorak are fully owned, just over 20% are in the process of being purchased by home loan mortgage while the median individual income is $1,031 per week and the median household income is $1,977 per week. The median mortgage repayment is around $2,700 per month.

Indepedent Youth

18%

Older Couples & Families

16.5%

Maturing & Established Independence

15.2%

Toorak Lifestyle

Toorak has a luxurious, leisurely feel. As one of the postcodes of choice for the elite in Melbourne, it is a neighbourhood without compromise. This area is the home to private schools, designer, luxury shopping strips, fine dining, exclusive restaurants, which of course ticks every box for all the well-heeled locals. The proudest boasts in Toorak include the curved and hilly streets canopied by lush trees, magnificent homes, and spacious, beautiful parks. 

Types Of Homes In Toorak

A walk through this suburb often encompasses historic jaw-dropping mansions alongside totally contemporary but equally luxurious houses and a few period homes. 

There are also a plethora of apartments to choose from in Toorak, from mid-century blocks that include spacious flats to ultra-modern apartment complexes. 

Toorak Median House Prices

The median property prices in Toorak are considered the most expensive in Melbourne at around $4,950,000 with an annual growth rate of  3.8% for houses. 

From neat terrace homes to elegant and stylish family houses to stately mansions, there are no shortages of the finest and most luxurious properties on offer. With long-established locals, many of who have lived here for generations, Toorak is a neighbourhood of choice when it comes to Melbourne’s affluent set. 

There are no doubts about it, the lifestyle in Toorak is the type that many individuals aspire to. If you own a property in Toorak, it makes a lot of sense to renovate or extend your home instead of choosing to move when you need more space and at Period Extensions & Designs, we are here to help you achieve your dream home in Toorak.

Buy
$1,257,500
2BR
$1,025,000
3BR
$1,312,500
4BR
           -         
Buy
$625 PW
2BR
$595 PW
3BR
$700PW
4BR
           -         
Buy
$591,875
1BR
$415,000
2BR
$599,500
3BR
$1,146,500
Buy
$395 PW
1BR
$343 PW
2BR
$450 PW
3BR
$725 PW

Book A Free Consultation Today

One of our experienced designers will contact you to discuss your renovation or extension.

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