OFF MARKET

303/1 Wallace Avenue
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 303/1 Wallace Ave, Toorak

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.

Building Type
Unit
Year Built
2002
Local Government
Stonnington
Lot/Plan
52/PS443572

Last Listing description (September 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.

Property History for 303/1 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$2,000,000
14 Jun 2022
Listed for Rent
$1.00k/w
01 Sep 2022
  • 23 Aug 2022
    Listed for Rent $1,000 / week
  • 14 Jun 2022
    Sold for $2,000,000
  • 23 Apr 2022
    Listed for Sale Contact Agent
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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 9,193 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:

  • The median value for Houses in Toorak is $4,837,331 while the median value for Units is $1,045,580.
  • Houses have a median rent of $1,325 while Units have a median rent of $600.
There are currently 9 properties listed for sale, and 17 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 383 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.