1/1069-1071 Malvern RoadToorak VIC 3142
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.
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.
Property History for 1/1069-1071 Malvern Rd, Toorak, VIC 3142
- 21 Sep 2024Sold for $585,000
- 28 Aug 2024Listed for Sale Not Disclosed
- 01 Aug 2017Listed 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 9,182 properties. Over the last 5 years, Houses in Toorak have seen a 5.51% increase in median value, while Units have seen a -8.02% decrease. As at 31 October 2024:
- The median value for Houses in Toorak is $4,837,331 while the median value for Units is $1,045,580.
- Houses have a median rent of $1,325 while Units have a median rent of $600.
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