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Location

Market Insights for Toorak VIC 3142

New Listings (last 30 days)

Average price

$2,689,000

Lowest price

$450,000

Highest price

$9,000,000

Residence 5/663 Malvern Road, Toorak VIC 3142

$2,500,000 - $2,750,000

Search Band

$2.1M - $2.2M High Confidence Calculated based on strong search observations.

Apartment 3 beds 2 baths 2 cars

Listed: 29th Jul 2026

Updated: 8 days ago

Overview

This luxurious three-bedroom, two-bathroom apartment offers an elegant blend of contemporary design and advanced technology, nestled within a boutique development in Toorak. Spanning three crafted levels, the residence features a private lift serving all floors, ensuring graceful vertical accessibility and privacy.

The home is thoughtfully designed with high ceilings and bespoke joinery, integrating smart home technology including biometric fingerprint security for seamless comfort and safety. The open plan living and dining area benefits from abundant natural light and custom cabinetry, setting an inviting stage for both relaxed family living and stylish entertainment.

At the heart of the residence, the designer Smart stone kitchen equipped with premium Gaggenau appliances and exceptional storage, opens through full-height glass sliding doors to a private landscaped courtyard, creating an appealing indoor-outdoor flow perfect for entertaining or quiet enjoyment.

An adaptable lower-level retreat offers a versatile space ideal for a media room, home theatre, or family lounge, expanding the possibilities of the living environment. Upstairs, a dedicated study area with integrated storage complements the three spacious bedrooms, including a luxurious main suite with a double ensuite and extensive built-in robes, providing a serene private sanctuary.

Additional highlights include a secure internally accessed double garage, integrated heating and cooling, heated towel rails, a Bosch security system, video intercom, secure building entry, and electronic parcel facilities, all enhancing everyday convenience and security.

Residents enjoy exclusive access to a gymnasium and the full-time building manager service, fostering a community-focused lifestyle. Positioned within walking distance to prominent local amenities such as Toorak and Hawksburn Villages, nearby parks, transport links, and prestigious private schools, this residence presents an outstanding opportunity for sophisticated urban living in a highly sought-after location.

Local Market Insights

In Toorak, Quiet Listings observed 10 new apartments entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $2,689,000. The property type mix of listed properties is predominantly Apartments at 46%, followed by houses (39%), and units (7%). The most active agency for apartments in the Toorak area is currently RT Edgar, representing 70% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.