2/7 Wallace AvenueToorak VIC 3142
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.
Last Listing description (April 2024)
At a glance
- Gorgeous, ground level garden apartment
- Period dimensions and modern details
- 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.
Property History for 2/7 Wallace Ave, Toorak, VIC 3142
- 02 Aug 2023Listed for Sale $650,000 - $675,000
- 27 Oct 2020Sold for $650,000
- 25 May 2020Listed for Sale Asking Price - $679,000
Recent sales nearby
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About Toorak 3142
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 9,291 properties. Over the last 5 years, Houses in Toorak have seen a -14.95% decrease in median value, while Units have seen a 2.35% increase. As at 30 June 2026:
- The median value for Houses in Toorak is $4,327,617 while the median value for Units is $1,068,077.
- Houses have a median rent of $1,620 while Units have a median rent of $670.
Suburb Insights for Toorak 3142
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