306/1 Wallace AvenueToorak VIC 3142
Property Details for 306/1 Wallace Ave, Toorak
306/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2292m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (October 2013)
Toorak's Finest and Award Winning Landmark Building
???One Wallace Avenue???, Toorak's finest and award winning landmark building directly opposite the shops and restaurants to the Toorak Village. This large apartment offers both formal and informal living zones positioned on the North-West corner of the building giving Northern light and views.
Other features include entrance hall, 2 well sized bedrooms, main with ensuite and 2nd bathroom, large formal dining and lounge room, light filled kitchen with meals area all opening to North balcony, laundry, security, 2 car parks, storage and resort-like facilities.
Property History for 306/1 Wallace Ave, Toorak, VIC 3142
- 25 Nov 2018Sold for $2,700,000
- 30 Sep 2013Sold for $1,700,000
- 24 Jul 2013Listed for Sale Not Disclosed
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 9,317 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.
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