9/7 Wallace AvenueToorak VIC 3142
Property Details for 9/7 Wallace Ave, Toorak
9/7 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 1151m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Last Listing description (July 2024)
This stunning, light-filled, architecturally designed Art Deco apartment, with private leafy outlooks over the avenue. Features a beautiful turret-style curved dining room with Juliette Balcony ( ornamental only - not to be used) , an oversized living room with ornamental fireplace and mantle. Positioned in the center of a manicured French garden, and within a minute's walk to the Toorak Village Shops, restaurants and cafes.
Enter through secure gates to this charming faade characterized by curved architecture, terrazzo floors, and a classical art deco staircase leading to the unit which includes heating and cooling, abundant storage, and galley kitchen as well as an off-street car park. Please note the fireplace is ornamental.
Click on this link for virtual tour :https://virtual-tour.ipropertyexpress.com/vt/tour/9013fa19-a50f-4c31-81cb-0884e178cf76
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Property History for 9/7 Wallace Ave, Toorak, VIC 3142
- 26 Jun 2024Listed for Rent $600 / week
- 16 Mar 2024Sold for $750,000
- 16 Mar 2021Listed for Rent $450 / 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 9,182 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.
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