SOLD
Sold on 24 Dec 2023 for $553,000

1B/587 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 2538m2
Sold By
Little Real Estate Victoria
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Property Details for 1b/587 Toorak Rd, Toorak

1b/587 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 2538m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
81m2
Land Size
2538m2
Local Government
Stonnington
Lot/Plan
13/RP7511

Last Listing description (February 2024)

Smartly presented on the first floor towards the rear of the prized Woodburn Heights complex, this wide-reaching 2 bedroom apartment is your affordable gateway into exclusive Toorak.

Discover the air-conditioned joys of spacious open-plan living and dining, framed by floor-to-ceiling picture windows attracting natural light. Under soaring ceilings, make a seamless French door connection with a private undercover balcony boasting a leafy treetop aspect.

The separate kitchen and meals area is graced with ample bench and storage space, a full-sized dishwasher and a high-quality Bosch oven.

- 2 roomy and bright bedrooms with built-in robes and large picture windows
- Gleaming bathroom with a shower over a bathtub, mirrored cabinetry and a separate WC
- Euro-style laundry
- Split-system heating and cooling plus panel heating
- Roller blinds
- Carport parking with storage solutions
- Intercom entry
- One of 32 apartments in a well-maintained boutique building

Zoned to the highly prized Toorak Primary School and Melbourne Girls' College, everything you need is within striking distance. Walk to the boutique shopping of Toorak Village, popular restaurants, leading private schools, Woolworths and city-bound trams on your doorstep. Welcome to the perfect platform for your property journey!

For more information, please contact Andrew McCalman or Nikita Politis today.

3 x LITTLE THINGS WE LOVE

1. Toorak Village
All your shopping needs covered

2. Melbourne Girls' College
Zoned to this quality choice

3. The 58 tram
City-bound trams on your doorstep

Disclaimer:
Little Real Estate has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Little Real Estate toward the recipient with regard to the use of this information and all information given is given without responsibility.

Property History for 1b/587 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$553,000
24 Dec 2023
Listed for Rent
$550/w
15 Nov 2023
  • 24 Dec 2023
    Sold for $553,000
  • 15 Nov 2023
    Listed for Rent $550 / week
  • 21 Aug 2023
    Listed for Sale $550,000 to $600,000
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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 9,192 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:

  • The median value for Houses in Toorak is $4,783,984 while the median value for Units is $1,059,622.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 411 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.