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.
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.
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 9,192 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:
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