SOLD
Sold on 02 Dec 2023 for $596,000

5/530 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 3280m2
Sold By
Mathew Crothers
Belle Property South Yarra
Nick Gatacre
Belle Property South Yarra
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Property Details for 5/530 Toorak Rd, Toorak

5/530 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 3280m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
79m2
Land Size
3280m2
Local Government
Stonnington
Lot/Plan
5/PS434409

Last Listing description (November 2023)

Well set back from the road in the classic mid century 'St Georges Gate' building, this impressive 2 bedroom + study ground floor apartment has a fine sense of scale and a fresh sense of chic. Hallmarked by its state of the art Hamptons inspired kitchen boasting Electrolux cooking appliances including induction cooktop, Fisher & Paykel integrated dish drawer and shaker style cabinetry, this rejuvenated retreat enjoys a traditional entry foyer, a huge living and dining room capturing leafy western views through the steel framed windows, an oversized main bedroom with built in robes, a sizeable 2nd bedroom (robes), a prized separate study and an immaculate bathroom. Bringing out the beauty of its Tasmanian Oak floorboards, this timeless apartment has great storage, ducted heating, instant hot water and parking with access to communal laundry facilities. In Melbourne's finest postcode with city trams footsteps from your door, two stops down to Toorak Village and only a short stroll to Heyington station.

Property History for 5/530 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$596,000
02 Dec 2023
Listed for Rent
$345/w
22 Aug 2017
  • 02 Dec 2023
    Sold for $596,000
  • 27 Oct 2023
    Listed for Sale $550,000 - $600,000
  • 14 Dec 2019
    Sold for $537,500
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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.