SOLD
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Sold on 13 Dec 2024 for $420,000

1/4 Lambert Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
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Property Details for 1/4 Lambert Rd, Toorak

1/4 Lambert Rd, Toorak is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Apartment sold in Toorak in the last 12 months.

Building Type
Apartment
Floor Size
53m2

Last Listing description (December 2024)

An absolute delight to live in, this 2BRM ground floor apartment evokes a sense of style and a smile with every room you step into. Located within a coveted pocket of Toorak, the entire apartment offers a graceful flow with appealing nooks for a very livable and loved space. An abundance of natural light and greenery from most outlooks ensures a serene and calming atmosphere. This picture perfect abode is sure to be snaffled up quickly.
Key standout features include:
• Marble benchtops

• Large Master BRM with BIR
• Functional 2nd BRM perfect for a study
• Internal laundry facilities
• Gorgeous west-facing balcony
• Security entrance
• Dedicated storage room
• Stones throw from Hawksburn, Toorak villages & public transport

Requiring absolutely zero up-keep, the apartment is an easy lifestyle base in one of Toorak's more renowned locations or a set-and-forget investment in a location of enduring market appeal. Potential to secure above 6% rental yield, an unbelievable investment opportunity.

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Property History for 1/4 Lambert Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$420,000
13 Dec 2024
  • 13 Dec 2024
    Sold for $420,000
  • 29 Nov 2024
    Listed for Rent $500 / week
  • 20 Sep 2024
    Listed for Sale $420,000 - $445,000
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About Toorak 3142

The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2011 was 12,870 people. By 2016 the population was 12,907 showing a population growth of 0.3% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation. In 2011, 61.7% of the homes in Toorak were owner-occupied compared with 61.7% in 2016.

Toorak has 9,257 properties. Over the last 5 years, Houses in Toorak have seen a -1.85% decrease in median value, while Units have seen a -6.62% decrease. As at 30 November 2024:

  • The median value for Houses in Toorak is $4,744,839 while the median value for Units is $1,085,210.
  • Houses have a median rent of $1,225 while Units have a median rent of $600.
There are currently 6 properties listed for sale, and 9 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 385 properties were sold in the past 12 months in Toorak.

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