OFF MARKET

5/37 Wallace Avenue
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 130m2
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Property Details for 5/37 Wallace Ave, Toorak

5/37 Wallace Ave, Toorak is a 3 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2008. The property has a floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2008
Floor Size
130m2
Local Government
Stonnington
Lot/Plan
5/PS549498

Last Listing description (October 2021)

In an exclusive boutique development of only 5, this whole floor Penthouse is built by the renowned Davies Henderson and architect Christopher Doyle. It offers superb formal and informal living and dining zones, three outstanding bedrooms plus a separate custom library. This home delivers exceptional low maintenance lifestyle appeal with only a moments' walk to Como Park, The Yarra River and Toorak Villages fabulous shops, cafes, restaurants, public transport, private schools and everything else the Village has to offer.

Lavish proportions and expectational finishes are showcased throughout this refined residence with a fully fitted customised library to the bespoke dining room and balcony, an intimate formal sitting room with a gas fireplace and opening out to expansive north-east private terrace overlooking Wallace Avenue. The gourmet chef's kitchen boasts Miele appliances throughout, a study nook, lovely informal living room and light filled dining area which all opens out to a private north-west entertaining terrace and garden with stunning city views. Plus three oversized bedrooms all with ensuites, the master suite which offers a superb walk in robe, lounge area opening out to an expansive front terrace perfect for coffee and breakfast in the morning.


Other impressive features include; a large entrance foyer, oak parquetry floors, ducted heating and cooling, alarm, video intercom, powder-room, large separate laundry, direct lift access and 4 basement car-spaces with enclosed gym and built in storage and workshop.

Property History for 5/37 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$6,450,000
11 Oct 2021
  • 11 Oct 2021
    Sold for $6,450,000
  • 15 Jul 2021
    Listed for Sale Contact Agent
  • 16 Apr 2007
    Sold for $4,600,000

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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 9,176 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:

  • 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 10 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 387 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.