401/738 Orrong RoadToorak VIC 3142
Property Details for 401/738 Orrong Rd, Toorak
401/738 Orrong Rd, Toorak is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (May 2024)
Seemingly set among the iconic treetops of Orrong Road, this lavish, top-floor “The Tree House' apartment is a superbly appointed, boutique single bedroom sanctuary with an easy connection to a large entertainer's terrace. Fully secure and remarkably tranquil, this is a superior inner-urban apartment that allows you to enjoy a summer's drink or dinner amidst the dappled evening sunlight of one of Melbourne's favourite tree-lined boulevards.
Sleek and sophisticated with cool clean lines, open-plan living is underpinned by a gourmet kitchen where a Miele oven / cooktop is complemented by stone benches and plenty of soft close cabinetry as double glazed sliding doors extend the space outdoors to the terrace. The bathroom, too, is undeniably stylish and appointed with laundry facilities, plus there are built-in robes in the bedroom, split system heating and air conditioning, as well as secure intercom entry, basement parking, a fob-activated elevator and CCTV surveillance.
Just a short walk from all the renowned cafes, fine dining and bars of Toorak Village, this is a premium lifestyle location close to city-bound trams and all the endless trails of Melbourne's Yarra River.
Property History for 401/738 Orrong Rd, Toorak, VIC 3142
- 09 May 2024Sold for $464,000
- 23 Apr 2024Listed for Sale Under Offer
- 22 Mar 2023Listed for Rent $450 / week
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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.
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