205/1 Wallace Ave, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2292m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Positioned within the highly soughtafter One Wallace Avenue, this secure and immaculately presented secondfloor apartment offers an exceptional lifestyle in the heart of Toorak. E Perfectly positioned on the doorstep of the Toorak Village shops, cafs and restaurants, Como Park and Royal South Yarra Tennis Club, nearby Chapel Street and Hawksburn Village, and easy access to transport and freeways.
Designed with space and flexibility in mind, the apartment features a generous and wellconsidered floorplan. A welcoming entrance hall leads through to an expansive openplan living and dining area, complemented by a westfacing balconyperfect for entertaining or enjoying the afternoon sun. The modern kitchen is well appointed and adjoins a spacious meals area, offering excellent storage and functionality. A separate laundry adds practicality, with a washing machine and dryer included.
Accommodation comprises three wellproportioned bedrooms, including a luxurious master suite complete with a walkin robe and fully tiled ensuite. A second central bathroom services the remaining bedrooms, with the third bedroom featuring mirrored wardrobe doors.
Additional features include a builtin island study desk, ample hallway storage, heating and cooling throughout, powder room, all toilets are equipped with Toto smart heated washlets, two secure car spaces, a designated storage room in the basement and access to outstanding resident facilities including a swimming pool and gym. Included items: washing machine, dryer, double bed frame and mattress, and dining table with chairs.
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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 9,316 properties. Over the last 5 years, Houses in Toorak have seen a 2.12% increase in median value, while Units have seen a 16.27% increase. As at 31 March 2026:
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