11/7 Wallace AvenueToorak VIC 3142
Property Details for 11/7 Wallace Ave, Toorak
11/7 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1151m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (March 2018)
UNDER APPLICATION - NO FURTHER INSPECTIONS
Delightful and charming, this one bedroom apartment, older style block in fantastic position off Toorak Village. Bright and spacious throughout and on the top floor with loads of natural light, it includes security entrance, hallway, huge main bedroom with built in robes, beautiful lounge with gas jet master open fire place and Juliette balcony, adjoining dining room, modern open plan kitchen with stainless steel appliances and dishwasher, fully tiled bathroom. Off street parking available.
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Property History for 11/7 Wallace Ave, Toorak, VIC 3142
- 16 Jul 2024Sold for $720,000
- 30 Jan 2018Listed for Rent - Price not available
- 23 Nov 2016Listed for Rent - Price not available
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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 9,188 properties. Over the last 5 years, Houses in Toorak have seen a 23.18% increase in median value, while Units have seen a -9.31% decrease. As at 31 August 2024:
- The median value for Houses in Toorak is $4,783,984 while the median value for Units is $1,059,622.
- Houses have a median rent of $1,300 while Units have a median rent of $600.
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