21/723 Orrong Road, Toorak, VIC 3142 | Property Value & History | OnTheHouse
OFF MARKET

21/723 Orrong Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1837m2
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Last updated 18 May 2026
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Property Details for 21/723 Orrong Rd, Toorak

21/723 Orrong Rd, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1961. The property has a land size of 1837m2. While the property is not currently for sale or for rent, it was last sold in February 2018.

Building Type
Unit
Year Built
1961
Land Size
1837m2
Local Government
Stonnington
Lot/Plan
21/PS735779

Last Listing description (May 2020)

Occupying a premier west-facing position on the 6th level within the iconic "Orrong Towers", the stunning panoramic city views, palatial proportions and prized location just moments from Toorak Village and public transport highlight the incomparable lifestyle appeal of this sensational apartment. Bathed in natural light and boasting expansive proportions, the wide hall introduces a gourmet kitchen appointed with a stone bench and an impressively spacious dining room with balcony offering wonderful views. The exceptionally generous living room features marble gas fireplace and balcony enjoying spectacular uninterrupted city views. The main bedroom with built in robe and fully tiled ensuite looks out to the Dandenong Ranges while two additional double bedrooms, plus a fitted study and pristine original bathroom complete the accommodation. Includes security intercom, lift access, split system heating/cooling, Euro-laundry, parking for two cars and storage.Please send an enquiry or visit the link below to Apply:https://app.snug.com/apply/marshallwhite **An update from Marshall White on COVID-19: Private Inspections**In accordance with the most recent Federal Government guidelines scheduled Open for Inspections are no longer permitted, however we are continuing to lease properties and doing so by means of Private Appointments Only. Private Inspections are available strictly by appointment only. Please contact our leasing agent to make an appointment.These times are unprecedented, and we are mindful of the community’s health concerns and the stresses associated with all property dealings at this time.Marshall White remains open for business – we have adapted our processes to ensure that we can continue to safely meet your needs. Our commitment to our clients remains unchanged and we continue to deliver outstanding results in helping people achieve their property goals.We wish you and those close to you the best of health and please contact our office should you have any questions.Private Inspection GuidelinesTo ensure the safety of our clients, the community and our team at Marshall White, we respectfully remind all of our clients of the following arrangements.We will be asking attendees to:1. Contact the Agent managing the property to book a private inspection.2. Not enter the property if:• You have returned from overseas in the past two weeks• You are unwell or have a fever• You have come into contact with someone experiencing flu-like symptoms3. As per the health guidelines, please maintain a distance of 1.5 metres from others and avoid physical contact, including shaking hands.4. Apply hand sanitiser, which will be available for your use.5. Refrain from touching household items, such as door handles, cupboards and tapware.6. Registration will be required to enter.

Property History for 21/723 Orrong Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,720,000
19 Feb 2018
Listed for Rent
$800/w
24 Apr 2020
  • 11 Mar 2020
    Listed for Rent $800 / week
  • 20 Mar 2018
    Listed for Rent $995 / week
  • 19 Feb 2018
    Sold for $1,720,000
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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 9,270 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:

  • The median value for Houses in Toorak is $4,401,350 while the median value for Units is $1,095,755.
  • Houses have a median rent of $1,700 while Units have a median rent of $650.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 484 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.