1/7 Wallace Avenue, Toorak, VIC 3142 | Property Value & History | OnTheHouse
OFF MARKET

1/7 Wallace Avenue
Toorak VIC 3142

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1151m2
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Last updated 4 May 2026
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Property Details for 1/7 Wallace Ave, Toorak

1/7 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. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1930
Land Size
1151m2
Local Government
Stonnington
Lot/Plan
1/RP12678

Last Listing description (March 2025)

This superbly renovated 1930s ground floor apartment set in an English style garden is one you have to add to your list for Saturday inspections. Wallace Court is a highly sought-after boutique block of only 12 apartments. Perfectly situated on the literal edge of Toorak Village, your home could be adjacent to the wide array of fashionable retail shops, cafes, and restaurants on offer. The core of this amazing apartment is the generously proportioned lounge area with the unique circular dining space, enjoying beautiful garden views from all windows. Feel secure and comfortable in the king sized bedroom with ample built in robes set at the back of this incredible apartment. The floorplan continues to impress with a central bathroom and separate Euro laundry perfectly placed. The as new kitchen with quality European stainless-steel appliances are finishing touches. Other features include gas log fire to lounge/dining, polished timber floorboards, freshly painted and new window furnishings throughout. With immaculate presentation and it's superb location, inspections are highly recommended.

Property History for 1/7 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$649,000
18 Nov 2023
Listed for Rent
$420/w
08 Aug 2022
  • 18 Nov 2023
    Sold for $649,000
  • 14 Nov 2023
    Listed for Sale $649,000
  • 25 Aug 2022
    Listed for Sale $690,000
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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 2016 was 12909 people. By 2021 the population was 12817 showing a population decline of 0.7% 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 2021, 65.20% of the homes in Toorak were owner-occupied compared with 61.70% in 2016.

Toorak has 9,317 properties. Over the last 5 years, Houses in Toorak have seen a -11.69% decrease in median value, while Units have seen a 4.35% increase. As at 30 April 2026:

  • The median value for Houses in Toorak is $4,401,350 while the median value for Units is $1,095,755.
  • Houses have a median rent of $1,700 while Units have a median rent of $650.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 498 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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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.