SOLD
Sold on 23 Mar 2024 for $820,000

11/53 Grange Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Sold By
Belle Property Armadale
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Property Details for 11/53 Grange Rd, Toorak

11/53 Grange Rd, Toorak is a 2 bedroom, 1 bathroom Unit and was built in 1996. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
74m2
Local Government
Stonnington
Lot/Plan
11/PS404801

Last Listing description (May 2024)

Nestled in a prestigious location between Toorak Village and the Yarra River, this sophisticated first floor two bedroom apartment exudes timeless elegance and tranquillity. Positioned discreetly at the rear of a refined and secure group, it offers a peaceful sanctuary amidst beautiful grounds.
Embracing the beauty of northern light, the bright and inviting living and dining room creates a welcoming ambiance, complemented by floor-to-ceiling windows and French doors that open onto a spacious undercover all weather terrace, providing beautiful views of the leafy Toorak surroundings. The adjacent modern well-appointed kitchen features stainless steel appliances and ample bench and cupboard space.
Two bright north facing double bedrooms with built-in robes, offer serene outlooks and an abundance of natural light. The main bedroom enjoys ensuite access to a freshly refurbished bathroom complete with shower and bath facilities.

Additional features include timber floorboards, laundry facilities, a freshly painted interior and off-street parking, all within a secure environment with intercom and security entrance gates.
Conveniently located near Toorak Village shops and cafes, Toorak Road trams, and the Yarra's picturesque bike and walking trails, this apartment provides an ideal entry point into the esteemed Toorak property market, making it a desirable blue chip investment or a city base solution. The location also offers easy access to freeway arterial links connecting to the CBD, Mornington Peninsula and the airport. Its proximity to Como Park, leading schools, shops and restaurants further enhances its appeal, presenting residents with the epitome of privacy, luxury, and convenience in an exclusive Toorak locale.

*Please note split system to be installed prior to tenancy commencement*

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Property History for 11/53 Grange Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$820,000
23 Mar 2024
Listed for Rent
$475/w
29 Sep 2022
  • 16 May 2024
    Listed for Rent $675 / week
  • 23 Mar 2024
    Sold for $820,000
  • 28 Feb 2024
    Listed for Sale $820,000
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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.