2/23 Wallace Avenue

Off Market

2/23 Wallace Avenue

Toorak VIC 3142

Townhouse

Last sold for $2,200,000

Lachie Fraser-Smith, last sold this property on 20 February 2026 after 24 days on market.

Overview

Classic elegance in a prime location

First time offered in 45 years, this lovingly maintained three bedroom plus study two bathroom town residence presents a time honoured north facing design. Quality built with plenty of potential to improve in time, this solid brick home enjoys a tiled entrance foyer, an elegantly spacious lounge and dining room, a lovely second living room and an endearing timber kitchen with select Miele appliances and meals area. A dedicated study, neat laundry with chute and powder room complete the ground level. Upstairs has a spacious main bedroom with three sets of built in robes and sparkling ensuite, two further well proportioned bedrooms with robes, a classic dual vanity bathroom and a separate toilet. The full width manicured garden courtyard catches the northern sun while offering shade underneath the auto café awning. In a tightly held group of four, this much loved home provides zoned ducted heating/air conditioning, a split system air conditioner, ducted vacuum, excellent storage, garden sprinklers and a double auto garage. High on the hill, footsteps to Toorak Village’s array of attractions and Geelong Grammar School’s Toorak campus, close to Como Park, Royal South Yarra Lawn Tennis Club and the Yarra River.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Toorak over the last 12 months, the estimated median property value of 2/23 Wallace Avenue is $2.2m.

Median value

$2.2m

Estimated value range

$975k - $2.8m

Median days on market

Estimated value trend

63%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Toorak. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/23 Wallace Avenue

2026

Sold

$2,200,000

20 Feb 2026 by Lachie Fraser-Smith, of Jellis Craig Stonnington

Happy sellers in Toorak

66%

66% of sellers in Toorak reported that their sale price either exceeded or met their price expectations.

Toorak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Toorak over the last 12 months.

Local market activity for 3 bedroom townhouses in Toorak

In the last 12 months, 13 three-bedroom townhouses similar to 2/23 Wallace Avenue, have been sold.

This represents a 62% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Toorak for a free market appraisal.

Lauchlan Waterfield

at Belle Property Armadale

4.9

(586 reviews)

Get a free market appraisal

Andrew James, Michel Swainson

at Belle Property Armadale

4.8

(26 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(206 reviews)

Get a free market appraisal

Nick Gatacre

at Belle Property South Yarra

4.9

(183 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Toorak

Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Toorak. They have 3 local sales and collected 4 local reviews across the last 12 months.