1/4 Lambert RoadToorak VIC 3142
Property Details for 1/4 Lambert Rd, Toorak
1/4 Lambert Rd, Toorak is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a floor size of 53m2.This Property is currently listed for sale with Meadows Property Group
Last Listing description (October 2024)
An absolute delight to live in, this 2BRM ground floor apartment evokes a sense of style and a smile with every room you step into. Located within a coveted pocket of Toorak, the entire apartment offers a graceful flow with appealing nooks for a very livable and loved space. An abundance of natural light and greenery from most outlooks ensures a serene and calming atmosphere. This picture perfect abode is sure to be snaffled up quickly.
Key standout features include:
Marble benchtops
Functional 2nd BRM perfect for a study
Internal laundry facilities
Gorgeous west-facing balcony
Security entrance
Dedicated storage room
Stones throw from Hawksburn, Toorak villages & public transport
Requiring absolutely zero up-keep, the apartment is an easy lifestyle base in one of Toorak's more renowned locations or a set-and-forget investment in a location of enduring market appeal. Potential to secure above 6% rental yield, an unbelievable investment opportunity.
Property History for 1/4 Lambert Rd, Toorak, VIC 3142
- 20 Sep 2024Listed for Sale $420,000 - $445,000
- 14 Sep 2022Sold for $405,000
- 15 Jun 2018Sold for $432,600
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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.
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