19/298 Williams Rd, Toorak is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 1091m2.
A lot of agents talk about lifestyle...but what does that actually mean? For some, it might mean an early start, and being able to take a morning walk around Como Park, through Como House and along the Yarra River. For others, it could be a hit of tennis at the nearby Royal South Yarra or the convenience of walking up to Toorak Village in just six minutes, ensuring their morning coffee fix is always within reach. For me, living at the architecturally significant 298 Williams Road is probably a challenging lifestyle, because the chocolate frogs from Haighs would be far, far too close for comfort. Whether it is the Toorak Road Trams, Hawksburn Station or the Main Yarra Trail, the position of this apartment is undeniably offering an incredible lifestyle, but you need to make sure you get the right apartment.
It should have great natural light, and a western aspect is perfect. A security entrance is a must and the leafy green views this apartment offers is a bonus. It should be a blank canvas on which you can create your own masterpiece because there isn't much point paying for someone else's luxury renovation (why not add some value yourself?).
I know what you are thinking, this all sounds too good to be true at this price-point...but why not take a closer look and the time to inspect? It could be the best decision you ever make.
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 9,176 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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