OFF MARKET

1/558 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 953m2
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Property Details for 1/558 Toorak Rd, Toorak

1/558 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 953m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
1950
Floor Size
87m2
Land Size
953m2
Local Government
Stonnington
Lot/Plan
1/RP1950

Last Listing description (December 2021)

Ready to renovate and maximise the undoubted growth potential Soaked in northern sunshine, this gracious 50s 2 bedroom first floor security apartment is the best on the block with its huge 35sqm approx. alfresco terrace. Watch the world go by taking in the glorious tree lined boulevard of Toorak Road, this superbly spacious apartment features a welcoming entry hall with storage, a north facing living and dining room with decorative mantle and double doors to the fabulous alfresco terrace; a funky classic ready for renovation kitchen with laundry facilities, 2 big bedrooms (BIRs) and a vintage bathroom with separate toilet. Make the most of the high ceilings, steel windows, wrought iron security door and solid brick walls to create your own masterpiece, while enjoying the comforts of panel heating, R/C air conditioning, a security intercom, gas hot water, double glazing and the large lock up garage with a 2nd car space. In this exclusive pocket of Toorak Road, an easy stroll to Toorak Village's popular caf and restaurant scene, catch a tram at your door to the city, walk to either Heyington station or Toorak station to venture further, and lap up the little gems of gourmet delights hidden around the streets of Toorak.

IMPORTANT - To inspect the property you must be fully vaccinated, and you must be able to show your fully vaccinated certificate prior to entering the property. If you are not able to show this certificate you will be prohibited from entering the inspection/property

Property History for 1/558 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$645,000
25 Jun 2016
Listed for Rent
19 Jan 2021
  • 18 Oct 2021
    Listed for Sale $695,000
  • 06 Apr 2020
    Listed for Rent - Price not available
  • 25 Jun 2016
    Sold for $645,000
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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 9,176 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.