11/27 Wallace AvenueToorak VIC 3142
Property Details for 11/27 Wallace Ave, Toorak
11/27 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom Unit and was built in 1955. The property has a land size of 1651m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (November 2024)
Nestled in Melbourne's most prestigious postcode, this classical ground floor apartment offers a rare opportunity to enjoy an exclusive Toorak lifestyle. Just a short walk from Toorak Village, this one bedroom apartment sits in a tightly held boutique complex, providing a private, peaceful retreat in the heart of the city's most sought-after suburb.
With a spacious, well designed layout, this inviting apartment features a generous open plan living area and a separate, contemporary kitchen outfitted with a twin drawer dishwasher, gas cooking, and abundant storage. The generous double bedroom includes built-in robes and is complemented by a large contemporary bathroom with a separate bath, shower, and integrated laundry facilities.
A car space adds to the home's impressive foundations in this AAA setting within minutes' walk of Toorak Village's shops, cafes and health services, Como Park, Yarra River walking trails, city bound trams and bus services.
Property History for 11/27 Wallace Ave, Toorak, VIC 3142
- 20 Nov 2024Sold
- 13 Nov 2024Listed for Sale $499,000
- 25 Mar 2006Sold for $287,000
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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 9,257 properties. Over the last 5 years, Houses in Toorak have seen a -1.85% decrease in median value, while Units have seen a -6.62% decrease. As at 30 November 2024:
- The median value for Houses in Toorak is $4,744,839 while the median value for Units is $1,085,210.
- Houses have a median rent of $1,225 while Units have a median rent of $600.
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