SOLD
Sold on 17 Apr 2024 for $390,000

6/486 Toorak Road
Toorak VIC 3142

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 925m2
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Marshall White
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Property Details for 6/486 Toorak Rd, Toorak

6/486 Toorak Rd, Toorak is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 925m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
55m2
Land Size
925m2
Local Government
Stonnington
Lot/Plan
6/RP11807

Last Listing description (April 2024)

Right on the cusp of Toorak Village's renowned sophistication and cosmopolitan vibrancy, this simple, west-facing, single bedroom 'Collins Court' apartment is blessed with leafy garden outlooks and accessed via Canterbury Road. Requiring virtually no up-keep, the apartment is an easy lifestyle base in one of Melbourne's most iconic locations or a set-and-forget investment in a location of enduring market appeal. With polished hardwood flooring and wall panel heating, the apartment is effortless to maintain with electric cooking in its kitchen / dining / living and built-in robes in its bedroom. Ensuite access to the bathroom continues the theme of an effortless urban lifestyle in this apartment that also offers scope for quick cosmetic renewal.
Merely metres from all the revered cafes, fine dining, bars and boutique shopping that make Toorak Village such a destination, the home also offers effortless city commuting via the Number 8 tram which can also drop you at Chapel Street.

Property History for 6/486 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$390,000
17 Apr 2024
Listed for Rent
$350/w
01 May 2019
  • 17 Apr 2024
    Sold for $390,000
  • 21 Mar 2024
    Listed for Sale $410,000
  • 04 Apr 2019
    Listed 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 9,182 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 11 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 392 properties were sold in the past 12 months in Toorak.

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