SOLD
Sold on 25 May 2024 for $1,599,000

1/1 Wallace Avenue
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1/1 Wallace Ave, Toorak

1/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
2002
Local Government
Stonnington
Lot/Plan
1G/PS443572

Last Listing description (October 2018)

Stunning garden apartment situated in 5 star complex with pool and gym. Absolute luxury right in the heart of Toorak village only meters from shops, restaurants, cafe's, supermarkets & transport. Spacious living room opening out to sunny private courtyard with alfresco dining, lovely galley style kitchen, master bedroom with walk in robe and en suite, second bedroom/study plus central bathroom. Luxurious fittings & fixtures throughout. Features include heating/air-conditioning, full security & 1 car space.
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Property History for 1/1 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,599,000
25 May 2024
Listed for Rent
$1.25k/w
25 Oct 2018
  • 25 May 2024
    Sold for $1,599,000
  • 03 Dec 2018
    Sold for $1,400,000
  • 09 Aug 2018
    Listed for Rent $1,250 / week
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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 9,148 properties. Over the last 5 years, Houses in Toorak have seen a 4.19% increase in median value, while Units have seen a 1.00% increase. As at 30 September 2024:

  • The median value for Houses in Toorak is $4,946,361 while the median value for Units is $1,133,628.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 7 properties listed for sale, and 17 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Toorak.

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