303/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. While the property is not currently for sale or for rent, it was last sold in June 2022.
Only a few minutes walk from the Toorak village, Como park and the Yarra river trail, shops, restaurants and public transport.
The famous One Wallace Avenue Building has stunning, light and airy, third floor balconied apartment. The open plan spacious apartment with natural light through out provides has panoramic views.
The two bedrooms 2 bathrooms two car spaces and a large storage room, this building providing additional essentials through its state-of-the-art gym, spa, steam room and pool. This spacious apartment also includes a fridge freezer, dishwasher, washing machine, dryer.
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 9,193 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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