Side by sideSuburb comparison

Toorak vs Kooyong.

Comparing two suburbs with median house prices of $5,000,000 and $704,000. Kooyong edges out on more headline metrics in this comparison.

Kooyong (median $704,000) is roughly 610% cheaper to buy into than Toorak ($5,000,000).

Toorak scores higher on walkability (28/100 vs 20/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Kooyong (1158) sits above Toorak (1157).

The takeWhich suburb suits which buyer

For buyers

Kooyong is the lower entry point at $704,000 median, 610% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Kooyong offers the higher gross rental yield (3.33% vs 0.72%), favouring cash-flow investors.

For families

Kooyong edges out on average school ICSEA (1158 vs 1157). Kooyong also has a higher family-household share (71% vs 60%), so the catchment community skews family-heavy.

Common questionsToorak vs Kooyong

Common questions

Is Toorak or Kooyong cheaper to buy in?

Kooyong has the lower median house price at $704,000, roughly 610% below Toorak ($5,000,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Toorak or Kooyong have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Kooyong scores 1158 vs 1157 in Toorak. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Toorak or Kooyong?

Toorak scores 28/100 on walkability vs 20/100. 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, Toorak or Kooyong?

Gross rental yield on houses is 3.33% in Kooyong vs 0.72% in Toorak. 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

Toorak
Metric
Kooyong

Price & Market

$5,000,000
Median house
$704,000
$950,000
Median unit
$1,731,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$688/wk
Rent (house / wk)
$451/wk
$486/wk
Rent (unit / wk)
$590/wk
65.0%
Owner occupied
74.0%
31.0%
Renter occupied
24.0%

Lifestyle & Demographics

28
Walk score
20
70
Transit score
100
100
Bike score
100
12,817
Population
842
47
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1157
Avg ICSEA
1158

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).