401/1 Wallace AvenueToorak VIC 3142
Property Details for 401/1 Wallace Ave, Toorak
401/1 Wallace Ave, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2292m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (October 2023)
This stunning North facing fourth floor sub-penthouse apartment is flooded with natural light throughout and offers a very generous formal living/dining room, modern well-equipped kitchen/walk in pantry with casual meals area and informal sitting room, beautiful North facing oversized main bedroom suite with two generous walk-in robes and luxurious ensuite bathroom, second double bedroom with WIR and ensuite bathroom, separate study with built in wine fridges or excellent third bedroom. Extensive Northern wrap around terrace ideal for outdoor entertaining, powder room and separate laundry.
Additional features include: Secure basement parking for 2 cars, large lock up storage room, zoned heating/cooling, ducted vacuum system, lift access & building manager, communal facilities include plunge pool, gym and steam room.
Superbly located within a short stroll to Toorak Village shops, cafes and transport.
Property History for 401/1 Wallace Ave, Toorak, VIC 3142
- 28 Sep 2023Listed for Sale SOLD - Price Withheld
- 28 Sep 2023Sold for $5,100,000
- 26 Jun 2001Sold for $2,200,000
Recent sales nearby
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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 -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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