2/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2292m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Reflecting classic proportions and elegance, this luxurious ground level residence in coveted boutique building provides immeasurable lock up and leave lifestyle appeal literally metres from bustling Toorak Village and walking distance to Como Park and South Yarra's vibrant shopping, restaurant and cafe scene.
Impressively spacious and bathed in northern light, the refined living and dining room opens to both a private leafy north courtyard and an evocative covered al fresco dining terrace. Superbly appointed with Miele appliances, stone benches and parquetry floors, the gourmet kitchen includes a sunny casual meals area. The beautifully proportioned main bedroom extensive built in robes, lavish ensuite with bath and dual basins, is matched by a light-filled second bedroom also fitted out with extensive built in robe and stylish central bathroom and separate laundry.
Features include full security building with video intercom entry, central heating and cooling, access to the building's plunge pool, spa, sauna and gym and on-site caretaker.
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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 9,315 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:
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