SOLD
Sold on 04 May 2024 for $2,040,000

1/40 Grange Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 198m2
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Property Details for 1/40 Grange Rd, Toorak

1/40 Grange Rd, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 198m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
180m2
Land Size
198m2
Local Government
Stonnington
Lot/Plan
1/PS419240

Last Listing description (May 2024)

Desirably positioned on the edge of Toorak Village and with its own street frontage, this Georgian inspired residence's impressively proportioned dimensions provide the refinement, modern comfort and security for an enviable low maintenance lifestyle.
A marble foyer introduces an expansive living room overlooking the private walled west-facing forecourt. Timber floors flow through the gourmet kitchen appointed with European appliances and stone benches and the generous dining room opening to a private hedged north-facing paved courtyard. Skylit stairs lead up to the palatial main bedroom with lavish en suite and walk in robe, two additional large bedrooms with robes and a bathroom.
Stroll to Como Park, the Yarra River, Royal South Yarra Tennis Club, trams and elite schools while the freeway to the Mornington peninsula is just moments away. Includes an alarm, security intercom, ducted heating/cooling, ducted vacuum, powder-room, laundry, storage and internally accessed double garage.

Property History for 1/40 Grange Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$2,040,000
04 May 2024
  • 04 May 2024
    Sold for $2,040,000
  • 10 Apr 2024
    Listed for Sale $1,700,000 - $1,850,000
  • 29 Sep 2011
    Sold for $1,370,000
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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 9,192 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 10 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Marshall White - Stonnington
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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.