City at its finest

Herald Sun - Property - - SUBURB PROFILE -

CON­TRO­VERSY doesn’t usu­ally fol­low Toorak’s res­i­dents to their homes, but the re­cent de­mo­li­tion of a fine Ed­war­dian man­sion af­ter it changed hands for some $18.58 mil­lion sparked out­cry.

Res­i­dents of the top end of town with Mel­bourne’s most ex­pen­sive real es­tate were in up­roar at the “sac­ri­lege” that be­fell Idyl­wilde, a his­toric 1913 Ed­war­dian villa.

The ex­ca­va­tors moved in upon the or­der of Chi­nese ty­coon Wang Hua, who paid $18.5 mil­lion in Septem­ber, 2013, and then ap­plied to de­mol­ish it.

Toorak’s tree-lined streets have some of Mel­bourne’s finest ad­dresses, whether they are Vic­to­rian-era man­sions or new tro­phy homes — and many change hands in off-mar­ket sales.

How­ever, with land val­ues so high in Toorak, the ma­jor­ity of the sub­urb’s hous­ing stock is made up of apart­ments, units and town­houses.

The sub­urb of­fers res­i­dents great op­tions for shop­ping and din­ing out at Toorak Rd and Hawks­burn vil­lages.

There are some re­fined eater­ies in Toorak Rd, such as Quaff and Ori­tas, while there are plenty of op­por­tu­ni­ties for cof­fee and res­i­dents can also skip over to Chapel St for some of Mel­bourne’s best shop­ping.

Toorak is close to some of Mel­bourne’s best pri­vate schools. The sub­urb it­self is home to St Kevin’s, Loretto Mandeville Hall and Gee­long Gram­mar. Toorak Pri­mary School is the lo­cal state school, while there are sev­eral preschools in the area.

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