201/1 Wallace AvenueToorak VIC 3142
Property Details for 201/1 Wallace Ave, Toorak
201/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Apartment sold in Toorak in the last 12 months.
Last Listing description (December 2024)
Expressions of Interest closing Monday 9th December at 3:00pm (Unless Sold Prior)
Number One Wallace Avenue is the landmark of luxurious living with award-winning architecture and a Paul Bangay garden entrance. On the cusp of Toorak village with an on-site Manager this quiet, fully refurbished, second-floor apartment with easterly views from two balconies is perfect for the downsizer or as a lock up and leave.
Compromising: New York Style Lobby; spacious lounge and dining room; stunning gourmet kitchen with casual meals. Two spacious bedrooms main with ensuite plus tub and walk-in robe.
Features: separate laundry; intercom security, heating/cooling; basement parking for two cars and a huge storage room; plus a swim jet pool, spa and steam room.
Property History for 201/1 Wallace Ave, Toorak, VIC 3142
- 12 Dec 2024Sold for $1,550,000
- 27 Aug 2024Listed for Rent $1,400 / week
- 24 Apr 2024Listed for Sale $1,550,000 - $1,650,000
Recent sales nearby
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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 9,337 properties. Over the last 5 years, Houses in Toorak have seen a -6.44% decrease in median value, while Units have seen a 4.26% increase. As at 30 November 2025:
- The median value for Houses in Toorak is $4,155,231 while the median value for Units is $1,011,747.
- Houses have a median rent of $840 while Units have a median rent of $650.
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