OFF MARKET

24/1059-1063 Malvern Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 1970m2
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Property Details for 24/1059-1063 Malvern Rd, Toorak

24/1059-1063 Malvern Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 1970m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2013
Floor Size
65m2
Land Size
1970m2
Local Government
Stonnington
Lot/Plan
24/PS638841

Last Listing description (June 2022)

Perched atop the award-winning 'Echelon' building, this magnificently modern and yet timelessly elegant two bedroom apartment has been masterfully crafted to defy cliche. Distinguished by excellence within a building that was awarded the HIA Victorian Apartment Complex of the Year (2013), the apartment is unequivocally standing the test of time, in an exclusive setting, just metres from Malvern Hill Village.
An evocative kitchen / dining / living merges stone-topped benches with a Miele oven / cooktop and a relaxed flow to an easterly-facing balcony and its divine promise of sunny alfresco breakfasts, while mirrored robes in each bedroom present wonderful custom-built storage options. Accessed securely via video entry or basement parking and elevator, the apartment also presents a European laundry in the bathroom, split system heating and air conditioning.
Whether be for everyday urban living, a savvy investment or a convenient urban lock-and-leave, the apartment is perfectly set near the cafes, dining, bars and shopping of Malvern Rd and Glenferrie Rd, while Hawksburn Village is just down the road and city-access is effortless via tram or train.

Property History for 24/1059-1063 Malvern Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$670,125
23 May 2022
Listed for Rent
$550/w
21 Jul 2020
  • 23 May 2022
    Sold for $670,125
  • 16 May 2022
    Listed for Sale Contact Agent
  • 21 Jul 2020
    Listed for Rent $550 / week
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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 4.19% increase in median value, while Units have seen a 1.00% increase. As at 30 September 2024:

  • The median value for Houses in Toorak is $4,946,361 while the median value for Units is $1,133,628.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 9 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in Toorak.

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