SOLD
Sold on 29 Feb 2024 for $975,000

1/601 Toorak Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 99m2
Land area: 1189m2
Sold By
Biggin & Scott Prahran
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Property Details for 1/601 Toorak Rd, Toorak

1/601 Toorak Rd, Toorak is a 3 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 1189m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
99m2
Land Size
1189m2
Local Government
Stonnington
Lot/Plan
1/RP15762

Last Listing description (October 2014)

UNDER OFFER
This large oversized three bedroom apartment positioned on the ground floor is a fantastic opportunity to secure a rare commodity with not only consisting of three double bedrooms but also an extremely large lock up garage which would comfortably fit three cars with extra room for storage as a workshop. Currently rented out with a strong rental return, this apartment consists of entry hallway, three double bedrooms with BIR's, spacious central bathroom, fantastic living room and adjacent dining room, separate kitchen with gas cooking, gas heating, security entry, polished floor boards throughout and further complimented with a large lock up garage for at least three cars.
Rare opportunity, don't miss out!

Property History for 1/601 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$975,000
29 Feb 2024
Listed for Rent
$610/w
20 Mar 2014
  • 29 Feb 2024
    Sold for $975,000
  • 25 Sep 2014
    Sold for $835,000
  • 25 Jul 2014
    Listed for Sale $850,000
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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 9,182 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 11 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 392 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.