4/723 Orrong Rd, Toorak is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1961. The property has a land size of 1849m2. While the property is not currently for sale or for rent, it was last transferred in April 2017.
Set at the top of beautiful Orrong Rd in the exclusive leafy suburb of Toorak, the iconic Orrong Towers apartments are a mere 5km from the CBD with Toorak Village, the Yarra and vibrant Chapel St all within walking distance.
On entering the foyer, you?ll discover the architectural influences of Frank Lloyd-Wright, inviting natural outdoor elements indoors.
Located on the first floor and accessible by either the terrazzo suspended staircase or lift, number four is a bright and spacious three bedroom abode with a sizeable tiled bathroom (including laundry facilities) as well as separate powder room. Superb tree-top views run the length of the sprawling living and dining zones along with the generous balcony.
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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