16/723 Orrong Road, Toorak, VIC 3142 | Property Value & History | OnTheHouse
 
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16/723 Orrong Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 1837m2
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Last updated 18 May 2026
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Property Details for 16/723 Orrong Rd, Toorak

16/723 Orrong Rd, Toorak is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1961. The property has a land size of 1837m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1961
Floor Size
126m2
Land Size
1837m2
Local Government
Stonnington
Lot/Plan
16/PS735779

Last Listing description (August 2022)

*** YOU MUST PRE-REGISTER TO ATTEND THE SCHEDULED INSPECTION ***

This unbelievably spacious two-bedroom, one bathroom apartment offers house like living with a well thought out floorplan. One of only 24 apartments in a noted 1960s-designed building, it features huge living area with split system complimented by a green leafy outlook with uninterrupted views over Richmond and across to the CBD. Fully renovated kitchen equipped with all new Fisher and Paykel induction cooktop and dishwasher, ample cupboard and bench space, Asko steam oven and separate multi-function pyrolytic oven. Two great sized bedrooms both with BIRs serviced by a central bathroom (ensuite access from master) and laundry. Both bedrooms have views to the city. Features also include new carpets, paint and electrics throughout, two undercover car spaces, additional communal laundry facilities and an open roof-top terrace with stunning city views for warm summer nights. The location of this superb apartment will have you close to Toorak Village, the Yarra River, Chapel Street and public transport.

To inspect, please refer to the listed inspection time (if applicable). If no inspection time is available, or you are not able to make the inspection time/s listed, please select contact agent and register your details.
Property is available for a 12-month initial lease.
All of our properties are unfurnished.
Monthly Rent: $2824 Bond: $2824

PLEASE NOTE: To comply with Covid Safe inspections you MUST pre-register to attend the advertised Inspections. Inspection times are subject to change at any time and if you do not register you will not be notified of any updates on Inspection Times or Property Availability or cancellations.
When inspecting the property, you MUST abide by COVID safe measures and maintain social distancing.
The agent reserves right to refuse entry to any party for any reason.

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Property History for 16/723 Orrong Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,255,000
19 Feb 2022
Listed for Rent
$650/w
11 Aug 2022
  • 20 Jul 2022
    Listed for Rent $650 / week
  • 19 Feb 2022
    Sold for $1,255,000
  • 21 Jan 2022
    Listed for Sale $920,000-$980,000
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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 9,267 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 7 properties listed for sale, and 6 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 468 properties were sold in the past 12 months in Toorak.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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