Property Details for 5/589 Toorak Rd, Toorak
5/589 Toorak Rd, Toorak is a 3 bedroom, 3 bathroom Unit with 4 parking spaces.
Last Listing description (January 2021)
NO.5 SECOND-FLOOR APARTMENT 294M2
CONSTRUCTION UNDERWAY, COMPLETION ON TRACK FOR EARLY 2021.
With its extremely generous interiors and refined details, this pet-friendly residence is as much contemporary apartment as it is a family home. Imbued with beauty, light and privacy, its a singular address that has it all and more.
Features include:
3 beds plus study, 3.5 baths
205m2 approx. of internal space, 44m2 external
Private entry threshold to each residence accessed directly by lift
Triple aspect North, East, West
Secure underground parking for four cars plus storage, with direct lift access to apartment
Kitchen includes stone benchtops and splashback, fully integrated Miele appliances
Bathrooms feature deep baths, double vanities and bronze fixtures
Electric car-charging stations in basement
Reverse cycle air-conditioning
Double-glazed windows
Gas fireplace
Pet-friendly
Enquiries: RT Edgar
Sarah Case
+61 439 431 020
Rudy Van Der Berg
+61 405 204 450
fortis.com.au/ode
Property History for 5/589 Toorak Rd, Toorak, VIC 3142
- 22 Aug 2019Listed for Sale No.5 Second Floor Terrace Residence
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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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