Heathpool vs Toorak Gardens.
Comparing two suburbs with median house prices of $2,362,500 and $3,470,000. Toorak Gardens edges out on more headline metrics in this comparison.
Heathpool (median $2,362,500) is roughly 32% cheaper to buy into than Toorak Gardens ($3,470,000). Over the past year, Toorak Gardens (+19.7%) ran 19.7 percentage points ahead of Heathpool (0%) on house-price growth.
Toorak Gardens scores higher on walkability (50/100 vs 100/100 ), useful if you're optimising for a car-light household.
For buyers
Heathpool is the lower entry point at $2,362,500 median, 32% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Heathpool delivers the better gross yield (2.64% vs 1.20%), but Toorak Gardens has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Heathpool or Toorak Gardens cheaper to buy in?
Heathpool has the lower median house price at $2,362,500, roughly 32% below Toorak Gardens ($3,470,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Heathpool or Toorak Gardens?
Over the past 12 months, Toorak Gardens grew +19.7% vs 0% in Heathpool, a gap of 19.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which is more walkable, Heathpool or Toorak Gardens?
Toorak Gardens scores 100/100 on walkability vs 50/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Heathpool or Toorak Gardens?
Gross rental yield on houses is 2.64% in Heathpool vs 1.20% in Toorak Gardens. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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