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Sold on 21 Sep 2024 - Price Unavailable

1/1069-1071 Malvern Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/1069-1071 Malvern Rd, Toorak

1/1069-1071 Malvern Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1950
Local Government
Stonnington
Lot/Plan
1/PS445830

Last Listing description (September 2024)

This spacious and bright 2-bedroom apartment is positioned at the front ground floor of a well-maintained block with only eight apartments, indicating exclusivity and a tight-knit community. The large living and dining room with a split system and access to a sunlit balcony suggests comfort and outdoor space. The flexibility of the second bedroom, which could serve as a study or alternate dining room, adds versatility. The apartments layout also includes a large main bedroom, a
spacious kitchen equipped with a Euro Laundry, and a bathroom off the long entrance hall. While theres an opportunity to renovate the kitchen and bathroom, the property is also ready to move in as is.

Additionally, the rear lock-up garage offers secure parking, which is a valuable feature. The prime location near Glenferrie Road and High Street shopping strips, along with tram access from Malvern Road, adds to the apartments appeal, making it a convenient and attractive place to live.

Property History for 1/1069-1071 Malvern Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
21 Sep 2024
Listed for Rent
$375/w
25 Aug 2017
  • 21 Sep 2024
    Sold
  • 28 Aug 2024
    Listed for Sale Not Disclosed
  • 01 Aug 2017
    Listed for Rent - Price not available
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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 9,191 properties. Over the last 5 years, Houses in Toorak have seen a 23.18% increase in median value, while Units have seen a -9.31% decrease. As at 31 August 2024:

  • The median value for Houses in Toorak is $4,783,984 while the median value for Units is $1,059,622.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 12 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 410 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Conquest Estate Agency
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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.