Heathpool vs Toorak Gardens.
Comparing two suburbs with median house prices of $2,514,000 and $2,910,000.
Heathpool (median $2,514,000) is roughly 14% cheaper to buy into than Toorak Gardens ($2,910,000).
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 $2,514,000 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Heathpool offers the higher gross rental yield (2.48% vs 1.43%), favouring cash-flow investors.
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 $2,514,000, roughly 14% below Toorak Gardens ($2,910,000). The gap on units is usually similar but worth checking on the full suburb profiles.
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 2.48% in Heathpool vs 1.43% 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).
Compare Heathpool against another suburb