SOLD
Sold on 23 Feb 2024 for $450,000

4/242 Toorak Road
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 413m2
Sold By
Woodards South Yarra
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Property Details for 4/242 Toorak Rd, South Yarra

4/242 Toorak Rd, South Yarra is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 413m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in South Yarra in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
62m2
Land Size
413m2
Local Government
Stonnington
Lot/Plan
6/PS503511

Last Listing description (May 2024)

Welcome to your new home at 4/242 Toorak Rd, South Yarra. This architecturally renovated north-facing oversized 1-bedroom apartment offers the epitome of lifestyle in one of Melbourne's most sought-after locations. With its sleek design, high-end finishes, and unbeatable convenience, this property is a true gem. Step inside and be greeted by the spacious open plan living area, flooded with natural light and boasting stylish timber flooring. The modern kitchen features built-in appliances, custom marine plywood benchtops, and ample storage space, perfect for the home chef. The bedroom is generously sized and comes complete with built-in robes, providing plenty of storage options. Live the enviable lifestyle at South Yarra's best address! Whether running the tan, brunching with friends or shopping on Chapel Street, all of South Yarra's charms are right at your fingertips. This fantastic north-facing apartment has been meticulously renovated by an architect duo:

- Marine plywood benchtop & tiled splash-back,
- Soft-close mechanism drawers,

- Oak timber flooring throughout the kitchen & living area,
- Carpet in the bedroom
- Ceramic tile flooring in the bathroom
- Study nook
- It also comes with a car spot which is rare for a 1 bedroom
- Low maintenance and low body corporate fees

Located in the heart of South Yarra, you will have everything you need right at your doorstep. Indulge in the vibrant dining and shopping scene along Toorak Road and Chapel Street, or take a leisurely stroll to the picturesque Royal Botanic Gardens. With public transport options nearby, including South Yarra train station, you'll have easy access to the CBD and beyond. Don't miss this opportunity to secure your own piece of South Yarra.

Property History for 4/242 Toorak Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$450,000
23 Feb 2024
Listed for Rent
$320/w
15 Sep 2015
  • 23 Feb 2024
    Sold for $450,000
  • 11 Feb 2024
    Listed for Sale Not Disclosed
  • 30 Aug 2019
    Sold for $355,000
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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.

South Yarra has 25,493 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:

  • The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
  • Houses have a median rent of $725 while Units have a median rent of $588.
There are currently 73 properties listed for sale, and 48 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1078 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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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.