A generous elevated allotment of 893m2, superbly positioned on a coveted tree lined boulevard with preferred north westerly rear orientation, surrounded by large family homes where capital investment is richly rewarded. This desirable land is ideally suited to a new home buyer to compliment the spectacular new Travis Walton residence being constructed next door.
Located in the heart of Toorak, Melbournes premier suburb, surrounded by large family estates, walking distance to St Catherines, Scotch and St Kevins Colleges, Heyington station and the delights of Glenferrie Roads famous cafes and restaurants, Toorak and Hawksburn villages.
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 9,142 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:
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