FOR SALE
$1,550,000 - $1,650,000

201/1 Wallace Avenue
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Sophisticated Living and a Grand Investment

Expressions of Interest closing Monday 9th December at 3:00pm (Unless Sold Prior)
Number One Wallace Avenue is the landmark of luxurious living with award-winning architecture and a Paul Bangay garden entrance. On the cusp of Toorak village with an on-site Manager this quiet, fully refurbished, second-floor apartment with easterly views from two balconies is perfect for the downsizer or as a lock up and leave.
Compromising: New York Style Lobby; spacious lounge and dining room; stunning gourmet kitchen with casual meals. Two spacious bedrooms main with ensuite plus tub and walk-in robe.
Features: separate laundry; intercom security, heating/cooling; basement parking for two cars and a huge storage room; plus a swim jet pool, spa and steam room.
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Property Details for 201/1 Wallace Ave, Toorak

201/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with RT Edgar Boroondara .

Building Type
Apartment

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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 7 properties listed for sale, and 12 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 395 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Anne Mackie Kinder
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Justine Harris
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RT Edgar Boroondara
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.