8C/587 Toorak Road, Toorak, VIC 3142 | Property Value & History | OnTheHouse
 
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8C/587 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 89m2
Land area: 2538m2
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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.

Building Type
Unit
Year Built
1976
Floor Size
89m2
Land Size
2538m2
Local Government
Stonnington
Lot/Plan
28/RP7511

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

A timeline of how this property has performed in the market
Last Sold
$627,000
10 Apr 2021
Listed for Rent
$435/w
09 Mar 2021
  • 10 Apr 2021
    Sold for $627,000
  • 18 Mar 2021
    Listed for Sale $540,000 - $570,000
  • 11 Jan 2021
    Listed for Rent $450 / week
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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 9,338 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:

  • The median value for Houses in Toorak is $4,935,450 while the median value for Units is $1,110,508.
  • Houses have a median rent of $850 while Units have a median rent of $673.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 460 properties were sold in the past 12 months in Toorak.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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