3/31 Wallace Ave, Toorak is a 3 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 1618m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Uncompromised in terms of its palatial scale, timeless elegance and opulent finishes, this magnificent residence within an exclusive Christopher Doyle designed boutique enclave delivers unparalleled lock up and leave luxury on the very edge of Toorak Village.Grand proportions, rich oak parquetry floors and high ceilings evoke a sense of refinement through the broad entrance gallery, elegant library or executive study with north-facing balcony and the gracious sitting room with a marble gas fire. The extravagantly proportioned living and dining room also with a marble gas fire opens out to a sunny northeast facing terrace ideal for al fresco dining and entertaining. Bathed in northern light, the impressive gourmet kitchen is impeccably appointed with stone benches, Miele appliances including a coffeemaker and a casual dining area opening to a private north-facing balcony. Continuing the opulent sense of space, the beautiful main bedroom with balcony access, ample robes and a lavish marble en suite is complemented by two additional king-sized bedrooms with robes and marble en suites.Literally metres to Toorak Villages boutiques, cafes and restaurants, trams, elite schools and Como Park, it is comprehensively appointed with remote entry, alarm, video intercom, heating/cooling, double glazing, ducted vacuum, powder-room, laundry, storage and 3 basement car-spaces.
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 9,315 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:
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