305/1 Wallace AvenueToorak VIC 3142
Property Details for 305/1 Wallace Ave, Toorak
305/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 2292m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (July 2021)
Reflecting classic proportions and elegance, this luxurious, private third floor residence in a coveted boutique building provides immeasurable lock up and leave lifestyle appeal literally metres from Toorak Village and walking distance to Como Park and South Yarra's shops, restaurants and cinemas. Impressively spacious and bathed in northern light, the refined living and dining room opens to both a private leafy courtyard and an evocative covered al fresco dining terrace. Superbly appointed with European appliances, stone benches and parquetry floors, the gourmet kitchen includes an inviting casual dining area. The beautifully proportioned main bedroom with lavish en-suite and ample built in robes is matched by a light-filled second bedroom with built in robe and stylish bathroom. Impeccably appointed with video intercom, laundry, basement storage and garaging for 2 cars, it also enjoys access to the building's plunge pool, spa, sauna and gym and on-site caretaker.
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Property History for 305/1 Wallace Ave, Toorak, VIC 3142
- 18 May 2021Listed for Rent $1,100 / week
- 09 Mar 2021Sold for $2,099,998
- 08 Oct 2019Transferred
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0About 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 9,317 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:
- The median value for Houses in Toorak is $4,793,464 while the median value for Units is $1,306,784.
- Houses have a median rent of $1,650 while Units have a median rent of $650.
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