16/621-623 Toorak Rd, Toorak is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1172m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Toorak in the last 12 months.
Private Sale Close Tue 24 March 5.00pm
Like a light-filled treehouse, sheltered within a canopy of established foliage, this second floor / top level, single bedroom classic apartment is situated in a prime location in proximity to schools, shops, public transport and the Yarra River. A new reverse cycle air conditioner will keep the apartment warm in winter and cool in summer; double glazed windows ensure maximum comfort throughout the year. The functional, compact kitchen has easy access to the meals and living area, while the bathroom with adjoining laundry is rich in character. The apartment has the convenience of off-street, undercover parking suitable for two small cars, with a secure storage room at the rear. The apartment also features large built-in robes in the bedroom and the security of an intercom entry. Brilliant living or investing - with a strong rental return - the apartment is close to cafes, fine dining, shopping at the fashionable Toorak Village, Glenferrie Road and High Street. The tram into the Melbourne CBD stops directly out front of the building with only a short walk to Kooyong and Heyington Railway Stations.
The size of Toorak is approximately 4.3 square kilometres. There are 10 parks, covering nearly 3.1% of the 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 9,273 properties. Over the last 5 years, Houses in Toorak have seen a -12.29% decrease in median value, while Units have seen a 0.73% increase. As at 31 May 2026:
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