24/530 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
St Georges Gate embodies unsurpassed lifestyle convenience, offering an exceptional opportunity to obtain a first class address within this classic brick block on the doorstep of trams and Toorak Village. Privately positioned towards the rear, this first floor apartment delivers gracious proportions and scope to personalise/add value through a contemporary renovation, featuring soaring ceilings and a unique floorplan comprising its own sunroom and a separate balcony. A generous main bedroom features built in robes, whilst a secondary bedroom relishes easterly light, also demonstrating potential for a home office space. A spacious living room centres the home with leafy westerly outlooks, whilst a separately zoned kitchen and meals area delivers space and storage. Includes garage parking. Beckoning investors, first homebuyers, renovators and downsizers alike, this is an unmissable opportunity to enter the market or add to an astute portfolio in an elite locale, mere moments from Como Park, Toorak and Hawksburn station, the M1 Freeway, Glenferrie Road cafes, shops and entertainment, Chapel Street shopping precinct and an array of esteemed schooling opportunities.
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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