SOLD
Sold on 23 May 2024 for $1,060,000

7/16 Springfield Avenue
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 1309m2
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Property Details for 7/16 Springfield Ave, Toorak

7/16 Springfield Ave, Toorak is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1309m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
100m2
Land Size
1309m2
Local Government
Stonnington
Lot/Plan
7/RP13327

Last Listing description (May 2023)

Exquisitely reimagined through the lens of the renowned LVL Group, this inspiring 2 bedroom solid brick residence delivers an atmosphere of designer class and coveted privacy.

Sumptuous with its light Oak floors, brushed brass tapware and white plantation shutters, this heavenly haven enjoys a private stairwell entrance to the sun splashed entertaining terrace, while internally revealing a light filled open plan living and dining area, a stellar marble-look kitchen with Bosch appliances, 2 substantial bedrooms with built in robes, a magazine-calibre bathroom with separate toilet, and a Euro laundry.

Ideal for those looking for an urban escape with 'turn-key' class, it's complemented with reverse cycle air conditioning, ceiling fans and undercover parking beneath your doorstep.

In this glorious position just footsteps from Brookville Gardens, walk to Toorak Village cafes, boutiques and trams, Toorak Primary School, Orrong Park, Toorak station, the 605 bus and even Hawksburn Village for a change of scenery.

Property History for 7/16 Springfield Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,060,000
23 May 2024
Listed for Rent
$900/w
23 May 2023
  • 23 May 2024
    Sold for $1,060,000
  • 01 May 2023
    Listed for Rent $900 / week
  • 03 Jun 2020
    Sold for $780,800
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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.
There are currently 10 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 387 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.