SOLD
Sold on 08 May 2024 for $1,650,000

1/703 Orrong Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 149m2
Land area: 2947m2
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Property Details for 1/703 Orrong Rd, Toorak

1/703 Orrong Rd, Toorak is a 2 bedroom, 2 bathroom Unit and was built in 1970. The property has a land size of 2947m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
149m2
Land Size
2947m2
Local Government
Stonnington
Lot/Plan
58/RP2025

Last Listing description (May 2024)

Mid-Week Inspections by Appointment Only

At a glance

- In 'Kilpara' - a highly sought-after building

- Ground floor living
- Versatile study/second living room
- Suave floor-to-ceiling tiled bathroom and ensuite
- Two basement car spaces and lock-up storage
- Residents' swimming pool

Abode

Discreetly hidden behind towering hedging and a high brick wall, an inspiring garden landscape rich with colour and texture provides a picturesque backdrop to every bedroom and living zone in this finely crafted apartment. On the ground floor of 'Kilpara', a renowned Toorak building that boasts a residents' swimming pool, the interiors are dressed in endless banks of glazing for a seamless indoor/outdoor ambience. Entertaining is a joy in the large living/dining room, complemented by a white kitchen with a bespoke glass splashback and premium appliances. A two bedroom, two bathroom design, appreciate the lifestyle versatility of the study/second living room. A rare opportunity in tightly held Kilpara would suit a range of buyers, providing convenient access to wander down the street with friends to experience the mouth-watering eateries on offer in Toorak Village. The tram is right at the door for an easy journey to Chapel Street, South Yarra's retailers and the city. Stroll along tree-lined streets to the banks of the Yarra River.

Property History for 1/703 Orrong Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,650,000
08 May 2024
  • 08 May 2024
    Sold for $1,650,000
  • 22 Feb 2024
    Listed for Sale Not Disclosed
  • 23 Dec 2015
    Sold for $1,450,000
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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.