509/227 Toorak Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

509/227 Toorak Road
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 3204m2
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Last updated 10 Aug 2026
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Property Details for 509/227 Toorak Rd, South Yarra

509/227 Toorak Rd, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 3204m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Year Built
2013
Floor Size
49m2
Land Size
3204m2
Local Government
Stonnington
Lot/Plan
509S/PS634505

Last Listing description (September 2021)

Located in the heart of South Yarra, enjoy hotel-style living all year round in your luxurious one bedroom, one bathroom fifth floor apartment in the iconic ILK building. 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.

Outstanding quality and convenience, it's walking distance to cafes, shops, restaurants, public transport, trams and river trails and parkland, also close to hospital precinct as well as easy access to major arterials. This unit provides a stacker car park.

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

Property History for 509/227 Toorak Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$490,000
12 May 2017
Listed for Rent
28 Sep 2021
  • 18 Sep 2021
    Listed for Rent - Price not available
  • 12 May 2017
    Sold for $490,000
  • 06 May 2017
    Listed for Sale Not Disclosed
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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 26,712 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:

  • The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
  • Houses have a median rent of $910 while Units have a median rent of $630.
There are currently 62 properties listed for sale, and 60 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1243 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.