29/1059-1063 Malvern Rd, Toorak is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Situated within the luxurious 'Echelon' development in the heart of prestigious Toorak is this contemporary two-bedroom apartment boasting convenience and style beyond belief. Discover the light-filled living and dining which showcases a depth of space & detail. Modern in design, the sparkling kitchen offers stone benchtops, an abundance of cupboard storage and quality appliances. An open sky east-facing balcony provides ample opportunity for the avid entertainer. Privately zoned are the two spacious bedrooms, highlighted by an amazing master bedroom with terrace access, walk-in robe and a chic ensuite. Mimicking this, the fully tiled main bathroom compliments the second bedroom & guests with ease. Completing the layout is a Euro laundry (within the main bathroom), reverse cycle heating/cooling, secure parking for one & storage cage. Elegantly positioned, enjoy a short stroll to High Street shops and cafs, Hawksburn Village plus local parks, trams & buses.
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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