4/21 Wallace Ave, Toorak is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1970. The property has a land size of 261m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
One of eight in Wayne Gillespies iconic 'Row Houses'. This outstanding residence's exclusivity is enhanced by timeless architectural features such as Gillespies signature floor to ceiling doors. Superb proportions and pleasing privacy define a design that begins with a wide gallery leading to fabulous north facing living and dining spaces and a serene, sunny courtyard where outdoor entertaining is complemented by a cafe awning. Its own elegant courtyard and modern excellence accompany a separate kitchen/meals area that's served by a butler's pantry and completes ideal downstairs dimensions. Above, northern light, classic luxury and balcony access add to the allure of two front bedrooms, one with an ensuite, while two further bedrooms in their own zone to the rear share a perfectly preserved central bathroom. Heating/cooling ensures the comfort and a double carport adds to the convenience of a home that puts Toorak Village within moments' walk and for which the term 'iconic' may by accurately applied.
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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