3B/516 Toorak RoadToorak VIC 3142
Property Details for 3b/516 Toorak Rd, Toorak
3b/516 Toorak Rd, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 2607m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (November 2011)
A Distinguished Half Floor of Entertaining Elegance
Be impressed by the size and stature of this 3rd floor 20 squares approx 2 bedroom plus study or 3rd bedroom with
2.5 bathroom security residence.
In this tightly held building with granite
entry lobby, lift access, a resident manager and glorious gardens, this acclaimed apartment features air conditioning, video intercom, security alarm, excellent storage and double basement garaging.
Set well back in this elevated position, moments to Toorak Village, tram, boutiques, restaurants and cafes.
Property History for 3b/516 Toorak Rd, Toorak, VIC 3142
- 08 May 2024Sold for $1,500,000
- 21 Oct 2011Listed for Sale Not Disclosed
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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 23.18% increase in median value, while Units have seen a -9.31% decrease. As at 31 August 2024:
- The median value for Houses in Toorak is $4,783,984 while the median value for Units is $1,059,622.
- Houses have a median rent of $1,300 while Units have a median rent of $600.
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