5/38 Grange Rd, Toorak is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 55m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Like a peaceful sanctuary, well-removed from the road and set to the rear of the block, this impressively sized, three bedroom, classic-style townhouse has been immaculately updated with a timeless sense of style that is certain to endure. Just a leisurely stroll from all charms of the Village, this is an outstanding opportunity to acquire a rock-solid, Toorak classic that is easily maintained in one of its most iconic, tree-lined streets.
With an extensive granite bench that wraps around to provide a welcoming breakfast bar, the kitchen / meals is well-appointed with premium stainless steel appliances as it steps down to a vast lounge room and steps out to a terrific balcony. Upstairs, each of the bedrooms has been completed with new wool carpets and robe storage, all adjacent to a fully-tiled and renovated bathroom with a stone-topped vanity and a bath that is independent to the shower. Added highlights include ducted heating, split system air conditioning, a powder room, under-stair storage, a lock-up garage and an opportunity to open-up an enclosed storage area to create an extra living area.
Walk easily to some of Melbourne's most iconic cafe culture, fine dining, nightlife and boutique shopping at Toorak Village, as well as the Number 8 tram for an easy trip to Chapel St or into the CBD, plus you have the Yarra River and its trails at the end of the street.
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 9,338 properties. Over the last 5 years, Houses in Toorak have seen a 12.72% increase in median value, while Units have seen a 8.18% increase. As at 31 December 2025:
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