502/229 Toorak Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

502/229 Toorak Road
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 3204m2
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Last updated 31 Aug 2026
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Property Details for 502/229 Toorak Rd, South Yarra

502/229 Toorak Rd, South Yarra is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 3204m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
Unit
Year Built
2013
Floor Size
55m2
Land Size
3204m2
Local Government
Stonnington
Lot/Plan
502N/PS634505

Last Listing description (August 2026)

Please note, rent is paid monthly - $ 2390 per calendar month ($ 550 per week).

Be surrounded by trendy cafes and bars, boutique retail, an abundance of public transport options and just minutes from the tranquillity of the Yarra River and Royal Botanical Gardens.

Enjoy a world-class lifestyle when you move into this luxurious one-bedroom, one bathroom apartment at the iconic ILK building.

Apartment 502N boasts clever design and style to maximise storage and functionality, while delivering a superb, ultra-modern home.

Featuring:

* Sleek Modern kitchen with Miele appliances including gas cook top, electric oven and dishwasher
* Generous, light filled bedroom with fully fitted built in robes
* Stunning bathroom with large shower
* European laundry
* Split system heating and cooling
* 4m2 balcony
*43.5m2 internal floor plan

ILK also offers luxurious communal living spaces including roof top terrace with BBQ area and views, residents lounge and kitchen/ dinging area available for functions, fully equipped gym, sauna and heated swimming pool.

Please book an inspection time or contact the agent if you would like to inspect this property.

By registering for an inspection, you will be instantly informed of any updates, changes or cancellations for your appointment.

Once you have inspected the property, you will be sent a link to apply online by our agency

Prior to applying for the property, please ensure any specific requirements have been discussed with your preferred service providers.

Property History for 502/229 Toorak Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$380,000
12 Jul 2011
Listed for Rent
$380/w
14 Jun 2022
  • 31 Jul 2026
    Listed for Rent $550 / week
  • 15 Jan 2021
    Listed for Rent $330 / week
  • 03 Dec 2018
    Listed for Rent - Price not available
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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.

South Yarra has 26,601 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:

  • The median value for Houses in South Yarra is $1,876,468 while the median value for Units is $594,082.
  • Houses have a median rent of $905 while Units have a median rent of $625.
There are currently 55 properties listed for sale, and 58 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1218 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.