Suspended Essendon coach James Hird and wife Tania are selling their Toorak mansion, according to a Fairfax report.

The five-bedroom property at 7 Toorak Avenue – “Swinford” – could sell for more than $4 million, Fairfax said.

The house will be open for inspection this Saturday. It is being sold privately through exclusive agents Kay & Burton.

The agents say the mansion, on 837 square metres, has been “renovated to the highest possible standard” and is “just moments to Kooyong Village, private schools, Kooyong tennis club and public transport”.

It is believed to be an investment property for the couple.

Features include “French limestone fireplaces, Swarovski chandeliers, limestone bathrooms”. Outside there is “a large manicured garden and fountain, stylish elevated terrace, built-in barbecue and luxurious family pool”.

The Hirds recently returned from France, where James was studying at an exclusive business school and the family enjoyed a holiday.

Upon their return, there was speculation that Hird wanted to return to the club in a coaching capacity when his suspension is completed at the end of the home-and-away season.

But Essendon made it clear that Hird would not return in a coaching capacity in 2014, during which the club has enjoyed considerable success under stand-in coach Mark Thompson.

According to Fairfax, title records reveal the house has been owned by Tania Hird since 2011 and is one of two Toorak properties in her name.