2/7 Wallace Avenue, Toorak, VIC 3142 | Property Value & History | OnTheHouse
 
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2/7 Wallace Avenue
Toorak VIC 3142

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 1151m2
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Last updated 16 Mar 2026
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Property Details for 2/7 Wallace Ave, Toorak

2/7 Wallace Ave, Toorak is a 1 bedroom, 1 bathroom Unit and was built in 1935. The property has a land size of 1151m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1935
Floor Size
83m2
Land Size
1151m2
Local Government
Stonnington
Lot/Plan
2/RP12678

Last Listing description (April 2024)

At a glance

- Gorgeous, ground level garden apartment
- Period dimensions and modern details

- High ceilings above polished floorboards
- Only moments' walk to Toorak Village
- Approx. 80 sqm internally

Abode

A one bedroom apartment where significant period character is matched by stylish present day features, this superb property is ground level, entry level, next level. Leafy balcony aspects accompany a living room that features reverse cycle heating/cooling while the separate kitchen/meals area enjoys access to the building's charming shared gardens. A double bedroom with a walk-in robe and its own heating/cooling is served with distinction by the designer bathroom that completes this singularly stylish address.

Area

Toorak Village's choice of cafes, restaurants and shopping is mere moments away and in addition, tram routes, Como Park, Hawksburn station and the Yarra River will become everyday elements of your lifestyle.

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Property History for 2/7 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$650,000
27 Oct 2020
Listed for Rent
$225/w
15 Jun 1996
  • 02 Aug 2023
    Listed for Sale $650,000 - $675,000
  • 27 Oct 2020
    Sold for $650,000
  • 25 May 2020
    Listed for Sale Asking Price - $679,000
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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 3.56% increase in median value, while Units have seen a 5.70% increase. As at 28 February 2026:

  • The median value for Houses in Toorak is $4,826,360 while the median value for Units is $1,055,174.
  • Houses have a median rent of $1,000 while Units have a median rent of $660.
There are currently 7 properties listed for sale, and 2 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.

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