Buyers advocate · Toorak

Buyers Agent in Toorak, on your side only.

Toorak is Australia’s most expensive suburb by median house price, sitting 5 km from the CBD with grand estates, elite schools, and a buyer pool that is among the most sophisticated in the country.
★ 4.9 rated on GoogleIndependent, buyer-onlyOne fixed fee, agreed upfront
1 in 2Bought off-market
47Days on average
50+Years combined
REIV memberREBAA accredited memberPIPA memberREIV Awards 2024 finalist
Toorak at a glance

Toorak: Melbourne's Most Prestigious Address

Toorak sits at the top of Melbourne’s prestige market by every measure. The suburb’s grand boulevards, heritage estates, and concentration of high-net-worth owner-occupiers have made it a benchmark for premium residential property for well over a century. Orrong Road, St Georges Road, and Lansell Road carry some of the most valuable residential addresses in Australia. Toorak Village provides boutique retail and dining, Toorak train station connects directly to the CBD, and proximity to elite schools including Toorak College and Melbourne Grammar is a consistent driver of family demand. Buying here requires patience, access, and an absolute understanding of value at the top of the market.

Toorak market snapshot

  • Median house price (2026): $5.79 million
  • Median unit price: $1,045,000
  • 12-month change in house price: -1.7%
  • 12-month unit price change: +16.1%
  • Average days on market (houses): 42
  • Auction clearance rate: 64%
  • Median weekly rent (house): $1,700
  • Unit rent growth (12 months): +3.5%
  • Rental yield (houses): 1.5%
How it works

How we buy in Toorak

01

Free strategy call

Thirty minutes on your brief, your budget and the streets and property types that genuinely fit it. No obligation.

02

Search on and off market

We inspect, shortlist and run the due diligence, including homes that sell quietly and never reach the portals.

03

Negotiate or bid, then settle

We set the price strategy, negotiate or bid on your behalf, and manage the contract through to settlement.

Book a free strategy callOne fixed fee, agreed upfront. We act only for the buyer, never the vendor.
Lou LihariFormer selling agent and auctioneer. Leads negotiation and bidding for our clients.
Before you inspect

Expert Guidance for Securing Your Ideal Toorak Property

Toorak is a market where the difference between a good purchase and a great one is rarely visible on a listing page. Understanding which streets carry enduring premiums, which properties have been held for long periods and represent genuine scarcity, and how to negotiate with vendors who are rarely under financial pressure requires a level of market familiarity that only comes from sustained involvement. Our team operates at this end of the market with the discretion and precision it demands.
Book a confidential discovery call with our Toorak buyers agents.
Local knowledge

Buying in Toorak: a local view

Premium pockets

The Golden Mile is Toorak’s most revered precinct, centred on St Georges Road and taking in Lansell Road, Clendon Road, Irving Road and Albany Road. These streets are characterised by very large blocks and landmark homes, and hold the national record for residential sales. The largest landholdings sit between Toorak Road and the river.

Quieter pockets to weigh up

Apartments and homes fronting Toorak Road, Malvern Road and Williams Road are busier and behave very differently to the blue-chip garden streets.

Hardest stock to secure

A genuine landmark home on a large landholding within the Golden Mile. These rarely trade and often sell off-market through relationships rather than open campaigns.

A common buyer mistake

Assuming the Toorak postcode alone guarantees a premium. The busy-road and apartment stock behaves nothing like the blue-chip garden streets, and the gap between them is wide.

Life in Toorak

Iconic Toorak Road and Toorak Village cover dining and shopping, with Bistro Thierry a long-standing local favourite. Como Park and the Yarra trails on the suburb’s northern edge, plus the gardens of the grand estates, give Toorak its green, leafy character.

School zones in Toorak

Toorak Primary School serves the area, and Toorak is home to several of Melbourne’s leading private schools, including St Catherine’s School and Loreto Mandeville Hall. Confirm your government zoning by address at findmyschool.vic.gov.au.

If Toorak is out of reach: Armadale, Malvern and South Yarra offer a similar inner-east prestige feel at a lower entry point.

Thinking of buying in Toorak?

We take on a limited number of clients at a time, so every brief gets a director’s full attention. Book a free, no-obligation strategy call and we will map out your Toorak search together.

Book a free strategy call
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Federica Caldaroni profile picture
Federica Caldaroni
7 days ago
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I was flat out with work and had neither the time nor the resources to house hunt, and not being local made the Melbourne market hard to understand. Lou and Alana were incredibly professional and took care of every single detail, making the whole process smooth and stress-free. They found my home in just 11 days! I'd wholeheartedly recommend LP Advisory to friends and family who want to actually enjoy finding their perfect place.
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Jac Bowie profile picture
Jac Bowie
10 days ago
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I can’t recommend Lou and Alana from LP Advisory highly enough! They helped me secure my dream Melbourne apartment and, along the way, educated me on the property market, Melbourne suburbs and making smart investment decisions. Their knowledge, professionalism and genuine care made the entire experience fantastic. I’ll absolutely be using them for future purchases and recommending them to everyone I know. Couldn’t be happier!
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Connie Caligiuri
38 days ago
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Lou was extremely helpful, professional, personable and knowledgeable from the get go. He was responsive throughout the process and gave us the confidence we needed to make informed decisions. My partner and I can’t recommend Lou’s services enough! Thank you Lou!
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Stephanie Evans
39 days ago
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Have dealt with LP Advisory on many occasion being a real estate agent in the Port Phillip area. I have to say Lou is always extremely easy and no fuss to deal with, always having the best intentions for their clients. Lou recently purchased a property through us pre market in South Melbourne. Within 48 hours, his client had viewed, a building inspection had been conducted and we had negotiated with the owner and come to an agreeable price. Happy clients all round so thank you. Steph Evans - Marshall White.
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Kirrily Graham
40 days ago
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The team at LP Advisory are an absolute delight to work with. They have incredible experience, local knowledge and expansive network in the industry. They provide an impeccable service and I was so impressed with their promptness and level of communication. Thanks Lou and Alana, it is a pleasure to work with you!
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Tashi Dorjee
41 days ago
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Genuine, easy to trust , real world market advice. Can't recommend him enough
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Hayley Vo profile picture
Hayley Vo
46 days ago
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I’ve had the pleasure of working with Lou on a number of property matters, and one thing that really stands out is the level of care and attention to detail he puts into the property search for his clients. Lou is extremely knowledgeable. He is always asking questions, clarifying details and making sure he has a thorough understanding of the property so he can properly guide and assist his clients. From a conveyancer’s perspective, it’s really lovely to see the amount of care he takes behind the scenes to ensure his clients are making informed decisions and purchasing the right property for them. I would happily recommend him to anyone looking for an experienced, knowledgeable and genuinely caring buyer’s advocate.
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Dominic Monaco profile picture
Dominic Monaco
79 days ago
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I've had the pleasure of getting to know Lou and Alana from LP Advisory and wouldn't hesitate to recommend them. They genuinely put their clients first and are committed to helping buyers make informed property decisions. Their knowledge of the Melbourne market, professionalism and attention to detail are evident in everything they do. They're approachable, honest, responsive and clearly passionate about achieving the best possible outcome for their clients. I have every confidence recommending LP Advisory to anyone looking for a trusted buyer's advocate.
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James Miller profile picture
James Miller
85 days ago
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There are not enough superlatives for what a wonderful job Lou and Alana have done. Looking for a home is stressful enough, especially when you add in the fact I am move interstate, however the LP Advisory team took all the difficult work out of it. I am extremely happy with the service and care I have received, which obviously ranged from sourcing appropriate inspections based on my preferences, then through going to them, giving me amazing advice and suggestions. They are both very professional, very kind and very efficient. Thank you both so very much. I am beyond appreciative and I could not recommend their services enough. If anyone is looking, please look into Lou and Alana. Thanks :)
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Erin Richardson profile picture
Erin Richardson
85 days ago
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I could not recommend Lou, Alana and the LP Advisory Team more highly. They are absolutely the real deal in terms of their local knowledge, price guidance and relationships - it is almost an unfair advantage if you have them on your team. I recently was able to purchase a home far better than anything I would have dreamed of due to the strength of their relationships and negotiating advice. At no point did I ever feel pressured to look at homes which I felt were off brief - they would send me video tours of homes before I even stepped in to make sure that it was only for the highest and best potential homes that I was investing my time. I wasn't fighting with the regular weekend crowds but had the opportunity to view when it suited me. And more than that, I was able to be candid and open in my feedback which was clearly taken back on board and reflected back in the shortlist that was presented back to me. As a business owner making a significant purchase, their commercial nous was unbelievable as was their integrity (they earned their fee four times over) and I feel incredibly fortunate to have worked with them. I was actually recommended them by one of the local Port Melbourne/Albert Park agents who probably regrets introducing us now!
Your team

Why Toorak Buyers Choose LP Advisory

At Toorak’s price point, every decision carries significant financial weight. Lou’s background in prestige sales means he understands how vendors and their agents operate at this level of the market, where discretion, relationships, and negotiation skill matter more than almost anywhere else in Melbourne. Sharyn’s off-market network is particularly valuable in a suburb where a substantial proportion of the best property never goes to public campaign. Alana’s process management ensures that even the most complex transaction is handled cleanly from first approach to settlement. If you are buying at the top of the market, see how our luxury buyers agent service works.

Lou Lihari

Director · Lead buyers agent

Former selling agent and auctioneer. Negotiates and bids for you.

Alana Prideaux

Director of Operations · Licensed agent

Runs due diligence: contracts, Section 32, overlays and building reports.

Sharyn Prideaux

Off-market specialist

Finds the homes that sell quietly, before they reach the portals.

Questions

Buyer Advocate Toorak FAQs

Why should I use a buyers agent in Toorak?
Toorak is a long-hold capital growth suburb. At a rental yield of around 1.5% for houses, it is not an income play. The case for buying here is the scarcity, heritage, and consistent demand from high-net-worth owner-occupiers that has supported values over decades. For buyers with the appropriate financial position and time horizon, few suburbs in Australia offer comparable stability at the top of the market.
A significant proportion of Toorak’s best property trades privately. Vendors at this price point often prefer a discreet process managed through trusted agent relationships rather than a full public auction campaign. Our off-market access and agent relationships in this suburb give our clients genuine first-mover advantage.
Toorak has an auction clearance rate of around 64% for houses, which is lower than many inner suburbs. That reflects the complexity of the high end of the market, where vendors have strong price expectations and buyers are not under the same urgency as in more accessible suburbs. Negotiation skill and market knowledge are more important than speed here.
Grand Victorian, Edwardian, and Italianate estates, contemporary architect-designed homes, and a substantial apartment and unit market centred around the Toorak Village precinct. The heritage stock commands the strongest premiums and has the deepest buyer pool over the long term.
Proximity to Melbourne Grammar, Toorak College, Loreto Mandeville Hall, and Geelong Grammar’s Toorak campus is a genuine driver of family demand. School zone access is a meaningful part of the value equation in this suburb and should be factored into any purchasing decision.
At a median of nearly $6 million for houses, the stakes of getting it wrong, whether through overpaying, missing critical due diligence, or underestimating a negotiation, are substantial. A buyers agent at this price point pays for itself many times over in a single transaction where the right advice shifts an outcome by even 2 to 3%.
Free 30-minute call

Buying in Toorak?

Talk to us before your next inspection or auction. You will come away with a clear view on price, competition and your best next step.

Also buying nearby

How we can help

We act for owner occupiers buying a home to live in, as well as first home buyers, families upsizing, downsizers and property investors.

Some homes change hands before they are ever advertised, so we search off-market property as well as listings. If it goes to auction, we can bid for you. Not sure about the building? Start with a pre-purchase property report.

Moving from interstate or overseas? We run the search and inspections for buyers who are not in Melbourne. Buying for business or super? See our commercial property buyers advocate service.

Selling instead? Our vendor advocates help you pick the right agent and campaign.

Have An Enquiry?
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Independent property advice you can trust.

  • ✓  50+ years combined experience
  • ✓  REIV, REBAA & PIPA accredited
  • ✓  50% of purchases secured off-market
  • ✓  Average 47 days to purchase
  • ✓  Boutique, senior-led team

Buy with independent property advice.

Whether you are buying a home or investment, we help you assess value, reduce risk and negotiate with confidence before you make a move.

Off-market access

Pre-market and off-market opportunities through established agent relationships.

Avoid overpaying

Comparable sales, pricing analysis and negotiation strategy before you act.

Clear buying strategy

Suburb and property guidance tailored to your goals, budget and timeframe.

Licensed agent insight

Guidance from licensed estate agents with campaign and negotiation expertise.

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