5/722 Orrong Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 277m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
A Class Act
A leafy plane tree canopy and quiet development form a tranquil backdrop to this attractive, private Villa Unit. Enhanced by a superb location in the heart of Toorak, within walking distance of the boutiques, shops, cafes and restaurants of the Toorak Village, so close to the renowned designer, retail and market precincts of Chapel or High Streets and to the Yarra, Como Park and Botanical Garden for recreational enjoyment. Moments from public transport and CityLink access to the CBD. This is the perfect choice for retirees scaling down or professionals seeking a low maintenance lifestyle in a prestigious location. One of only six it is set in lush easy care gardens and amongst Toorak's stately homes. It benefits from a north-facing rear aspect. The interior, washed with sunlight, comprises entrance hall, generous formal living and dining combined overlooking a large front courtyard, main bedroom with WIR and dressing table plus access to spabath/ensuite, separate powder room and shower, generous second bedroom, north-facing modern kitchen/meals plus large sunny rear courtyard. A peaceful oasis offering a restful living environment with the additional bonus of scope to enhance and modernise if desired. Other features include intercom, alarm, gas fire place, ducted zoned heating and cooling, remote garage.
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:
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