505/1101 Toorak Road, Camberwell VIC 3124

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Location

Market Insights for Camberwell VIC 3124

New Listings (last 30 days)

Average price

$672,917

Lowest price

$390,000

Highest price

$2,200,000

505/1101 Toorak Road, Camberwell VIC 3124

$390,000 - $420,000

Search Band

$390k - $410k Transparent Based on an openly advertised listing price.

Apartment 1 bed 1 bath 1 car

Listed: 26 days ago

Updated: 16 days ago

Overview

This contemporary one-bedroom apartment at 505/1101 Toorak Road offers a bright and modern lifestyle in one of Camberwell's most desirable locations. The spacious living and dining area is illuminated by natural light and seamlessly integrates with a private balcony that showcases some of the city's most remarkable sunset views, creating an inviting indoor-outdoor living experience.

The kitchen is thoughtfully designed with contemporary fittings and appliances to support effortless day-to-day meal preparation. The bedroom is well sized, featuring built-in robes that maximize storage without impeding on space, complemented by a sleek and modern central bathroom that adds to the home’s practical appeal.

Residents enjoy additional benefits such as secure basement car parking and a separate storage cage, enhancing convenience and peace of mind. Access is facilitated by two communal lifts, while a communal gym within the complex caters to health and wellness needs.

Beyond the apartment itself, the location stands out for its connectivity and amenities. Toorak Road’s vibrant strip of cafes, restaurants, shops, and essential services lie within close proximity. Public transport options including tram and train services offer efficient links to greater Melbourne. Surrounding parklands and lifestyle amenities enhance the appeal further, making this an attractive proposition for first home buyers, investors, and anyone seeking a low-maintenance home in a tightly held inner-eastern precinct.

Local Market Insights

In Camberwell, Quiet Listings observed 12 new apartments entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $672,917. The property type mix of listed properties is predominantly Houses at 56%, followed by apartments (23%), and units (8%). The most active agency for apartments in the Camberwell area is currently Heavyside, representing 25% of new listings, followed by Marshall White with 17%. 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.