SOLD
Sold on 13 Nov 2023 for $600,000

1/425 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 2037m2
Sold By
Adrian Faranda
Biggin & Scott Stonnington
Michael Tynan
Biggin & Scott Stonnington
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Property Details for 1/425 Toorak Rd, Toorak

1/425 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2037m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
60m2
Land Size
2037m2
Local Government
Stonnington
Lot/Plan
1/RP13179

Last Listing description (November 2023)

Make your dreams of buying into a prestige blue-chip suburb a reality with this stylishly appointed 2-bedroom apartment. Perfect for busy owner-occupiers, this impressive lock and leave abode is also bound to tempt savvy investors in a location that is second to none.

- Situated on the ground-floor of the boutique Dorchester building at the heart of Toorak Village, this beautiful apartment enjoys leafy outlooks and boasts a practical open plan layout.

- Glossy hardwood floors flow throughout the living/dining area which spills outside to a private balcony, while quality stone benchtops and stainless steel appliances (including a dishwasher) star in the chic entertainer's kitchen.
- Both bedrooms have plush carpeting underfoot; each benefits from built-in storage and they share a sleek & sophisticated ebony-tiled bathroom/laundry.
- Panel heating keeps the interiors warm in cooler weather, while secure intercom entry and separate covered carport parking are among the standout inclusions.
- Public transport options are readily at hand for a quick and easy workday commute, including South Yarra station and city-bound trams along Toorak Road.

Moments to the banks of the Yarra River and with an incredible array of world-class restaurants, cafes and bars all within easy reach, this enviable lifestyle locale is also merely minutes to high-end boutique shopping, parks and much, much more.

Property History for 1/425 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$600,000
13 Nov 2023
Listed for Rent
$410/w
02 Aug 2022
  • 13 Nov 2023
    Sold for $600,000
  • 14 Sep 2023
    Listed for Sale Contact Agent
  • 24 Jun 2022
    Listed for Rent $410 / 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 9,192 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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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.