10/7 Wallace AvenueToorak VIC 3142
Property Details for 10/7 Wallace Ave, Toorak
10/7 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 1151m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (November 2024)
This stunning 1930s art-deco residence is situated in a boutique block, positioned just a minutes walk from to the Toorak Village.
Enter through secure gates to this charming faade characterized by curved architecture, terrazzo floors, and a classical art deco staircase leading to the front door.
This classic one bedroom apartment features a spacious entrance foyer, flowing to an oversized formal lounge with central gas fireplace and balcony access. Well appointed kitchen with underbench oven, cooktop, dishwasher and ample storage space,
Enjoy the convenience of living in Toorak central with easy access to trams, local shopping, parklands and the CBD.
Car permit:
PLEASE NOTE: The Renter acknowledges that the Premises may be located in an area where car parking may be at a premium. On street car parking may be available by obtaining a resident parking permit issued by the municipal council. RT Edgar Toorak makes no representation about the availability and/or terms and conditions on which any such parking permit may be made available to the Renter (if at all). The Renter should make their own enquiries with the municipal council in regard to any such car parking before signing this Agreement.
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Property History for 10/7 Wallace Ave, Toorak, VIC 3142
- 06 Nov 2024Listed for Rent $550 / week
- 21 Sep 2024Sold for $750,000
- 10 Mar 2017Sold 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 9,182 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.
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