SOLD
Sold on 02 Feb 2024 for $856,000

507/243 Toorak Road
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 94m2
Sold By
Frederick Property
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Property Details for 507/243 Toorak Rd, South Yarra

Building Type
Commercial
Year Built
2019
Floor Size
87m2
Land Size
94m2
Local Government
Stonnington
Lot/Plan
508T/PS739452

Last Listing description (March 2024)

Step into a world of unparalleled luxury and awe-inspiring skyline vistas that redefine opulence. Elevate your lifestyle with resort-style amenities designed to cater to your every whim, all within arm's reach of world-class shopping and dining experiences.

This meticulously crafted apartment offers more than just a home; it provides a sanctuary equipped with thoughtful features such as ducted heating/air conditioning, secure intercom entry, lift access, a secure car space, and a storage cage. Revel in the seamless convenience of concierge reception and enjoy the lavish lobby lounge adorned with a captivating fireplace.

Immerse yourself in a tapestry of pure bliss, where the vibrant pulse of Toorak Rd and Chapel Street's boutique shopping beckon just beyond your doorstep. Explore trendy bars, cafes, and restaurants, all within moments of cultural hotspots like Como Cinema, trams, South Yarra Train Station, Jam Factory, Prahran Market, Rockley Gardens, Como Park, Fawkner Park, Yarra River walking trails, and esteemed schools. Your new home is not just a residence; it's a gateway to an extraordinary lifestyle where every detail is an invitation to savour the very essence of sophisticated living.

Property History for 507/243 Toorak Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$856,000
02 Feb 2024
Listed for Rent
$830/w
23 Jun 2022
  • 02 Feb 2024
    Sold for $856,000
  • 04 Dec 2023
    Listed for Sale Under Contract
  • 31 May 2022
    Listed for Rent - Price not available
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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 25,731 properties. Over the last 5 years, Houses in South Yarra have seen a 20.24% increase in median value, while Units have seen a 0.31% increase. As at 31 August 2024:

  • The median value for Houses in South Yarra is $2,180,325 while the median value for Units is $597,598.
  • Houses have a median rent of $823 while Units have a median rent of $580.
There are currently 61 properties listed for sale, and 59 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1132 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.