OFF MARKET

1/494 Toorak Road
Toorak VIC 3142

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 827m2
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Property Details for 1/494 Toorak Rd, Toorak

1/494 Toorak Rd, Toorak is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 827m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
1950
Land Size
827m2
Local Government
Stonnington
Lot/Plan
1/RP11415

Last Listing description (November 2022)

This fabulous duplex apartment provides all the space and comfort these classic buildings were designed to do. Perfectly located on the ground floor and only minutes to Toorak Village this one of only two in this charming building surrounded by established gardens.

HERE IS A LINK TO A VIRTUAL WALKTHOUGH OF THIS PROPERTY: https://www.youtube.com/watch?v=v2yoYFKKJ2Y


Freshly painted and with new carpets throughout, this spacious apartment features a security entrance, three large bedrooms, semi ensuite, main bathroom with separate bath and separate powder room , spacious lounge, dining with sunroom, kitchen with meals area, sun drenched study or home office.

Extras include

- Large rear communal garden
- Central heating
- Lock up single garage with additional off street parking
- Garden maintenance included

Early move in incentives available, please ask at your inspection. Price is also negotiable.

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Property History for 1/494 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$5,590,000
10 Jun 2017
Listed for Rent
$890/w
28 Nov 2022
  • 09 Mar 2022
    Listed for Rent $890 / week
  • 10 Jun 2017
    Sold for $5,590,000
  • 19 May 2017
    Listed for Sale Not Disclosed
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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 9,176 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.
There are currently 10 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 387 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.