SOLD
Sold on 08 Feb 2024 for $1,027,500

17/723 Orrong Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1849m2
Sold By
RT Edgar Toorak
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Property Details for 17/723 Orrong Rd, Toorak

17/723 Orrong Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 1849m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1961
Land Size
1849m2
Local Government
Stonnington
Lot/Plan
17/PS735779

Last Listing description (April 2021)

Nestled within the highly regarded "Orrong Towers" building and entered from a superb mid century foyer with lift access, this light-filled 5th floor two bedroom apartment with undercover parking hosts generous proportions, superb natural light and broad westerly views to the city skyline that are simply spectacular. Within an easy walk of Toorak Village and transport, the location is also second to none. Beautifully maintained, the contemporary interiors are framed with large windows to draw the views and natural light in from every aspect. The spacious living and dining zone with balcony is elegant and accommodating to host guests and is backdropped by lovely green leafy views that add a wonderful vibrancy to the interior. The separate stone finished kitchen frames fabulous city views that are impressive by day and sensational at night and is appointed with stainless steel appliances including a Fisher & Paykel dishwasher. The two double bedrooms with built-in robes provide excellent accommodation accompanied by a central bathroom with shower and bath facilities. Additional features include a European laundry, split system heating and air conditioning and an undercover car space. Convenient to cafes, restaurants, Hawksburn Village and the Yarra River, this elegant apartment offers a wonderful Toorak lifestyle.

Property History for 17/723 Orrong Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,027,500
08 Feb 2024
  • 08 Feb 2024
    Sold for $1,027,500
  • 14 Jul 2021
    Sold for $950,000
  • 21 Apr 2021
    Listed for Sale $920,000 - $1,000,000
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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 9,182 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 11 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 392 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.