8C/587 Toorak RoadToorak VIC 3142
Property Details for 8c/587 Toorak Rd, Toorak
8c/587 Toorak Rd, Toorak is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 2538m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (April 2021)
Elegant period features are complemented by spacious proportions and thoughtful contemporary updates in this cosmopolitan Toorak apartment. Situated at the rear of the Woodburn Heights development for private and serene living, enjoy a sophisticated lifestyle with all of the area's amenities in easy reach of your front doorstep. A refined living area features an ornate fireplace with marble details, leading out to a balcony with treetop outlooks for alfresco dining. The separate kitchen is appointed with quality appliances including induction cooktop and oven. Both spacious bedrooms benefit from built in robes, coupled with a bathroom with shower over inbuilt bath and laundry facilities. A separate powder room and communal off street parking complete the home. Located moments from Toorak Road trams, Toorak Village and Heyington train station, with Como Park, the Yarra River and Hawksburn Village close by.
Property History for 8c/587 Toorak Rd, Toorak, VIC 3142
- 10 Apr 2021Sold for $627,000
- 18 Mar 2021Listed for Sale $540,000 - $570,000
- 11 Jan 2021Listed for Rent $450 / week
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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.
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