OFF MARKET

5 Canberra Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 229m2
Land area: 429m2
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Last updated 2 Sep 2024
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Property Details for 5 Canberra Rd, Toorak

5 Canberra Rd, Toorak is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1940. The property has a land size of 429m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
House
Year Built
1940
Floor Size
229m2
Land Size
429m2
Local Government
Stonnington
Lot/Plan
1/TP587465

Last Listing description (July 2022)

***Please note the inspection time advertised is available for booking PRIVATE INSPECTIONS ONLY. Please register with us and book a specific time for a COVID-Safe inspection.***

Important - Any advertised open for inspections times are the available private appointment times. Only registered attendees will be able to view the property, you MUST ensure you are registered to attend the private appointment. All our opens will be conducted in accordance with the current government requirements.

Having the flexibility and time to develop a property is made easy with this fantastic house which can either be lived in or leased out while you finalize the pre-approved plans for a three storey, 4 dwelling boutique complex.

Creating your own boutique development opens up a myriad of possibilities which include: multigenerational living for a family, long term investment, off the plan selling or a bespoke penthouse apartment paid for by the sale of the remaining units.

With plans and permits approved by council the risk involved on what you can do has been eliminated and allows you to focus on the build with less variables on the timeline.

Don't forget about the existing house which has ample accommodation with the potential to be renovated or completely knocked down for a new home (STCA).

The lifestyle Canberra Road offers is the perfect blend of nature from the Yarra, shops and cafes at the Toorak Village and the confidence one gets with a 3142 postcode.

Your future awaits

We donate a small portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Property History for 5 Canberra Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$2,600,000
06 May 2015
Listed for Rent
$1.45k/w
03 Jan 2022
  • 23 Nov 2021
    Listed for Rent $1,450 / week
  • 12 Oct 2021
    Listed for Sale EOI closing 9th of November 3pm.
  • 16 Jan 2020
    Listed for Rent $1,000 / week
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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 9,188 properties. Over the last 5 years, Houses in Toorak have seen a 15.33% increase in median value, while Units have seen a -4.97% decrease. As at 31 July 2024:

  • The median value for Houses in Toorak is $4,857,611 while the median value for Units is $1,078,204.
  • Houses have a median rent of $1,300 while Units have a median rent of $598.
There are currently 12 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 423 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.