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Sold on 05 Oct 2024 for $466,000

8/2 Douglas Street
Toorak VIC 3142

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
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Property Details for 8/2 Douglas St, Toorak

8/2 Douglas St, Toorak is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Toorak in the last 12 months.

Building Type
Apartment
Floor Size
52m2
Local Government
Stonnington
Lot/Plan
13/RP13602

Last Listing description (October 2024)

Located in a boutique 1960s complex of only ten, this elevated first-floor apartment is filled with natural light and offers peaceful, lush green outlooks. Perfect as a first home or premium investment, this well-presented one-bedroom residence exudes a sense of serenity in an enviable position just steps from the heart of Toorak Village.

The spacious lounge, bathed in sunlight, showcases beautiful original timber flooring and features a split system for year-round heating and cooling. Step out onto the private balcony with leafy views, perfect for relaxing mornings or unwinding in the evening. The separate kitchen is both neat and practical, offering ample storage and gas cooking for easy meal preparation.

A bright double bedroom with built-in robes is complemented by a generous bathroom with washing machine facilities. Additional highlights include linen storage, undercover parking, and unbeatable proximity to transport, cafes, and boutiques just behind Toorak Village.

Finer Details

Owners Corporation Fees: $2,427 per annum (approx.)
Council Rates: $930 per annum (approx.)
No. In Building: 1 of 10
Rental Appraisal: $500 - $530 per week (approx.)
Internal Size: 52sqm (approx.)
Property Age: Built in 1967
Owner Occupied vs Rented: 40/60
Title: Strata
Deposit & Settlement: 10% Deposit, 30 - 45 Days Settlement
Primary School Zone: Toorak Primary (650m)
Secondary School Zone: Melbourne Girls College (2km)
Closest Supermarket: Coles, Woolworths Toorak Village (200m)
Closest Train Station: Hawksburn Station (1.6km)
Closest Park: Como Park (300m)

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Property History for 8/2 Douglas St, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$466,000
05 Oct 2024
Listed for Rent
$350/w
18 Feb 2021
  • 05 Oct 2024
    Sold for $466,000
  • 06 Sep 2024
    Listed for Sale $450,000 - $480,000
  • 19 Jan 2021
    Listed for Rent $350 / 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 9,192 properties. Over the last 5 years, Houses in Toorak have seen a 4.19% increase in median value, while Units have seen a 1.00% increase. As at 30 September 2024:

  • The median value for Houses in Toorak is $4,946,361 while the median value for Units is $1,133,628.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 9 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 413 properties were sold in the past 12 months in Toorak.

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