5/740 Orrong RoadToorak VIC 3142
Property Details for 5/740 Orrong Rd, Toorak
5/740 Orrong Rd, Toorak is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 2044m2 and floor size of 2077m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (March 2024)
Privately nestled in a boutique mid-century block in Melbourne?s most elite suburb, this first floor, solid brick apartment offers immaculate c1960?s originality and enviable scope for the future. The perfect blank canvas for owner-occupiers and astute investors to add their own contemporary style, welcoming interiors reveal vast open-plan living/dining unfolding to a large leafy balcony, kitchen, 2 over-sized bedrooms, bathroom and car space. Create something truly spectacular to match with Toorak?s exclusivity, positioned on an iconic tree-lined boulevard, an easy stroll into Toorak Village's renowned cafes and boutiques, trams, Yarra River and moments to Brookeville Gardens, Heyington Station, Toorak Primary, Loreto College, St Catherine's Girls' School and St Kevin's College.
*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
Property History for 5/740 Orrong Rd, Toorak, VIC 3142
- 05 Mar 2024Sold for $815,000
- 21 Feb 2024Listed for Sale Not Disclosed
- 04 Jun 2019Listed for Rent - Price not available
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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.
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