7 Martin CourtToorak VIC 3142
Property Details for 7 Martin Ct, Toorak
Last Listing description (May 2023)
For sale via a deadline Private Sale - March 10th Friday 12:00pm
Vendor Open To Offers
This is the best value piece of land in Toorak and for those aspirational buyers wanting to purchase in Toorak this is your opportunity.
Prime 712sqm approx. of vacant land provides the opportunity to build to your desire, whether apartments, townhouses or a single home. The site comes with an approved permit and plans by reputable architect Drew Cole. Drew is an experienced architect who has built a number of key family homes in Toorak along Irving Road, Albany Road, Woorigoleen Road and others which have sold for premium prices.
Not only are you positioned in a private court, but it's also just a 100m walk to Toorak Village which is fast becoming an activity centre of modern times, a number of key residential and commercial developments are underway and have attracted some of the best hospitality and retail operators in the country.
For the astute and strategic buyer wanting to build in Toorak, this is the best value opportunity on the market. Further, the demand for brand new product in proximity to Toorak village is outweighing supply and with an influx of international buyers coming back to Australia, now is the time to meet the demand.
Recent Sales in proximity to Toorak Village:
39 Clendon Road, Toorak $13,800,000
9 Montalto Avenue, Toorak $13,565,000
32 Balmerino Avenue, Toorak $13,308,000
Contact Max Ruttner RT Edgar for further information.
Property History for 7 Martin Ct, Toorak, VIC 3142
- 18 Aug 2022Listed for Sale $5,900,000 - $6,300,000 Price Revised
- 19 Mar 2021Sold for $5,725,000
- 04 Jun 2019Listed for Sale Not Disclosed
Recent sales nearby
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About 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 9,267 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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