Kooyong Property Growth

VIC · 3144 · Inner South-East Melbourne

A small, leafy residential enclave roughly 7 km south-east of the Melbourne CBD, Kooyong is best known as the historic home of the heritage-listed Kooyong Stadium and Kooyong Lawn Tennis Club, the long-time home of the Australian Open before the tournament's move to Melbourne Park in the late 1980s, and for its quiet, tree-lined streets bordering Gardiners Creek.

ProfileLast updated: June 2026

Overview

Location: City of Stonnington

A small, leafy residential enclave roughly 7 km south-east of the Melbourne CBD, Kooyong is best known as the historic home of the heritage-listed Kooyong Stadium and Kooyong Lawn Tennis Club, the long-time home of the Australian Open before the tournament's move to Melbourne Park in the late 1980s, and for its quiet, tree-lined streets bordering Gardiners Creek.

Market Snapshot

Median Unit Price

$890k

Demographics

Estimated Population

842

Owner Occupier Rate

73.6%

Renter Rate

23.8%

Transport & Connectivity

Kooyong is served by its own railway station on the Glen Waverley line, giving residents a direct rail link into the Melbourne CBD, and by tram route 16, which runs along Glenferrie Road at the suburb's western edge. Major Roads: Glenferrie Road, Toorak Road, Kooyong Road. Train Lines: Glen Waverley line (Kooyong station). Tram Lines: Route 16. Kooyong is approximately 7 km from the Melbourne CBD. Verify current timetables and traffic conditions before relying on any commute estimate.

Education

Kooyong is a very small, almost entirely residential suburb (around 0.5 km²) with no primary or secondary school located within its own boundaries. The suburb falls within the zone for Auburn High School in neighbouring Hawthorn East for secondary schooling — always confirm the applicable zone via the Victorian Department of Education's Find My School tool for a specific address. Tertiary: Swinburne University of Technology (Hawthorn campus) is a short tram or train ride away. Always verify availability and waitlists directly with providers.

Amenities & Lifestyle

Kooyong's defining feature is the heritage-listed Kooyong Stadium and Kooyong Lawn Tennis Club (established 1892), which hosted the Australian Open from 1927 until the tournament relocated to Melbourne Park in the late 1980s and remains known as a spiritual home of Australian tennis (its address sits right at the Kooyong/Toorak boundary). Sir Zelman Cowen Park hosts the Malvern City Soccer Club and Malvern Braves Baseball Club, and the Gardiners Creek corridor provides walking and cycling trails along the suburb's edge. Kooyong has no retail strip of its own, with residents relying on the shopping and dining precincts of neighbouring Malvern, Toorak and Hawthorn.

Employment

Major Employment Hubs: Kooyong itself has no significant commercial or industrial employment base — it is an almost entirely residential suburb. Commercial Centres: residents typically access the nearby Glenferrie Road (Hawthorn) and Toorak Road (Toorak/South Yarra) retail and commercial strips.

Infrastructure

The City of Stonnington's Gardiners Creek (KooyongKoot) Masterplan is being delivered in stages through the area, including a shared-user path upgrade (widened to 3–4 metres with new seating and drinking fountains) and a Zone 2B works package around Talbot Crescent expected under construction in 2025–2026. Council is also developing a sport and recreation plan for Sir Zelman Cowen Park in 2025–26. The nearby Toorak Road, Kooyong level crossing removal is already complete (2020) and is not an active project. No further major projects beyond those noted above are currently confirmed for Kooyong. Check Infrastructure Australia's project pipeline, State Government announcements or the City of Stonnington's website for the latest updates.

Growth Drivers

  • Blue-chip inner south-east locationKooyong sits within the City of Stonnington, bordering Toorak, Malvern and Hawthorn, among Melbourne's most consistently sought-after inner south-eastern council areas.
  • Kooyong Stadium and tennis heritageThe heritage-listed Kooyong Lawn Tennis Club and stadium give the suburb an enduring prestige and lifestyle identity few Melbourne suburbs can match.
  • Gardiners Creek corridor investmentCouncil-funded upgrades to the Gardiners Creek (KooyongKoot) shared path and open space, under construction through 2025–2026, are improving local amenity.
  • Low housing turnover and tight supplyKooyong's very small size (around 0.5 km²) and largely established housing stock mean listings are scarce, supporting a tightly held market.

Key Risks

  • Very thin sales sample — With only a handful of house sales recorded in a typical 12-month period, Kooyong's median house price is not reliably reported and should be treated with significant caution.
  • Limited local amenity — Kooyong has no shopping strip, primary school or secondary school of its own, so residents rely on neighbouring suburbs for everyday amenities.
  • Interest rate and lending sensitivity — Like all property markets, Kooyong's values and buyer activity are sensitive to changes in interest rates and lending conditions.

Frequently Asked Questions

Kooyong's blue-chip City of Stonnington location, heritage tennis precinct and tightly held housing stock support long-term appeal, but its very small size means sales volumes are thin and price data should be treated cautiously. This is general information, not personalised financial advice — consider speaking with a licensed financial adviser before making investment decisions.

Refer to the Market Snapshot section on this page for current median price data sourced from our live database.

Kooyong has no primary or secondary school within its own boundaries; the suburb falls within the Auburn High School zone for secondary students — always confirm the applicable zone via the Victorian Department of Education's Find My School tool for a specific address.

Kooyong railway station on the Glen Waverley line provides a direct rail link to the Melbourne CBD, and tram route 16 runs along Glenferrie Road at the suburb's edge. Verify current timetables and traffic conditions before relying on any commute estimate.

Kooyong's centrepiece is the heritage-listed Kooyong Stadium and Kooyong Lawn Tennis Club, the historic home of the Australian Open, alongside Sir Zelman Cowen Park's sporting clubs and the Gardiners Creek walking and cycling trails.

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Sources

This content is for informational and educational purposes only. It does not constitute financial advice. Nothing on this page constitutes financial, investment, legal or tax advice. Property markets are volatile and past performance is not indicative of future results. Always seek independent advice from a qualified financial adviser before making any property investment decision.