17/27 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1955. The property has a land size of 1651m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom House sold in Toorak in the last 12 months.
This top-floor 1-bedroom apartment, perfectly positioned at the rear of the building, offers a peaceful and affordable retreat in one of Melbourne's most sought-after suburbs. Inside, you'll find a spacious lounge and dining area bathed in natural light, creating a warm and inviting atmosphere. The practical kitchen flows seamlessly to a private balcony, perfect for enjoying outdoor meals or simply relaxing.
The large bedroom is well-appointed with built-in robes, providing ample storage space. The apartment also includes a well-maintained bathroom and the convenience of a single car space.
Situated just a short stroll from Toorak Village, you'll have easy access to an array of restaurants, cafes, and supermarket. You're also close to the vibrant shopping of Chapel Street, the charm of Hawksburn Village, lush green spaces like Como Park, the Yarra River trails, trams, and Hawksburn Station. This apartment offers a blend of comfort, convenience, and lifestyle in a prestigious location.
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 9,193 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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