402/1 Wallace Avenue, Toorak, VIC 3142 | Property Value & History | OnTheHouse
OFF MARKET

402/1 Wallace Avenue
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 2292m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 402/1 Wallace Ave, Toorak

402/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2292m2. While the property is not currently for sale or for rent, it was last sold in June 2001.

Building Type
Unit
Year Built
2002
Land Size
2292m2
Local Government
Stonnington
Lot/Plan
402/PS443572

Last Listing description (March 2025)

Desirably positioned in a coveted location opposite Toorak Village is a rare opportunity to lease in this award winning landmark building. This fourth floor, luxurious sub-penthouse boasts an abundance of light and elegant finishes throughout.

- Double doors to foyer
- Large lounge room opening to undercover east facing balcony

- Designer kitchen and open plan casual meals area
- Separate study or formal dining room
- Master suite with WIR and spacious full ensuite (including bathtub)
- Second Queen sized bedroom with BIR
- Central bathroom
- Separate powder room
- Separate laundry

Immaculately presented, there is also security entrance, double basement security parking, large lock up storage room, elevator, and ducted heating and cooling.
This superb property has shared facilities (indoor pool, hot tub, steam room and gym) and is walking distance to tram, shops, cafes and restaurants, with delightful parkland nearby.

Prior to applying for the property, please ensure any specific requirements have been discussed with your preferred service providers.
By registering for an inspection, you will be instantly informed of any updates, changes or cancellations for your appointment.
Once you have inspected the property, you will be sent a link to apply online by our agency
*IMPORTANT* Whilst every care is taken in the preparation of the information contained in this marketing, LITTLE Real Estate, will not be held liable for any error in typing or information. All information is considered correct at the time of advertising.

Property History for 402/1 Wallace Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,495,000
19 Jun 2001
Listed for Rent
$1.15k/w
16 Nov 2023
  • 18 Mar 2025
    Listed for Rent $1,300 / week
  • 10 Nov 2023
    Listed for Rent $1,150 / week
  • 13 Mar 2020
    Listed for Rent $1,075 / week
Sign in to see more transactions
Commute Calculator

About Toorak 3142

The size of Toorak is approximately 4.3 square kilometres. There are 10 parks, covering nearly 3.1% of the 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 9,270 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.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 465 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

Market Insights
Toorak Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Toorak Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.