5/27 Wallace Ave, Toorak is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Apartment sold in Toorak in the last 12 months.
Low-maintenance, boutique inner-city living at its finest.
• Spacious and streamlined elevated open plan living
Perfectly nestled in a prestige position between the quaint surrounds of Toorak Village and green expanses of Como Park, this elevated two-bedroom apartment offers a first-class lifestyle with local café culture, fine dining, shopping, public transport, and the Yarra River all just a short stroll from the door.
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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 9,336 properties. Over the last 5 years, Houses in Toorak have seen a -2.32% decrease in median value, while Units have seen a 20.10% increase. As at 31 October 2025:
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