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Back 5B/238 Toorak Rd
Off Market

5B/238 Toorak Rd

South Yarra VIC 3141

2
1
1
Apartment
Last sold for $495,000
Anthony BenicAnthony Benic, last sold this property on 03 July 2026 after -24 days on market.

Overview

Only 14 in the Block. Prime South Yarra. Strong Rental Returns

Only 14 in the Block. Prime South Yarra. Strong Rental Appeal. Positioned in the heart of South Yarra on the iconic Toorak Road, this oversized two-bedroom apartment presents an outstanding opportunity to secure a blue-chip investment in one of Melbourne's most sought-after lifestyle precincts. Set within an exclusive boutique block of only 14 apartments, the residence offers a level of space and character rarely found at this price point. High ceilings and expansive proportions create an immediate sense of openness, while the functional floorplan provides comfortable living with excellent long-term rental appeal. The light-filled living area flows seamlessly into a well-appointed kitchen, while two generous bedrooms are complemented by a central bathroom and separate laundry facilities. Ready to enjoy today with scope to further enhance over time, the apartment represents an ideal combination of immediate income and future upside. For investors, the location speaks for itself. Positioned moments from Chapel Street, Fawkner Park, the Royal Botanic Gardens, Melbourne's CBD and an abundance of cafes, restaurants and public transport options, this is an address that consistently attracts quality tenants and underpins strong rental demand year after year. Whether you're looking for a set-and-forget investment, a city-fringe base or an entry into one of Melbourne's most tightly held suburbs, this is an opportunity to secure a high-performing asset in a location that never goes out of style.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 5B/238 Toorak Rd is $650k.

Median value
$650k
Estimated value range
$310k - $1.91m
Median days on market
30
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. 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 5B/238 Toorak Rd

2026
Sold
$495,000
Private Sale/Treaty on 03 Jul 2026 by Anthony Benic, of Woodards South Yarra
2017
Sold
$485,000
28 Nov 2017 by Marissa Serio, of Belle Property South Yarra

Happy sellers in South Yarra

85%
85% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 49 reviews in South Yarra over the last 12 months.

Local market activity for 2 bedroom apartments in South Yarra

In the last 12 months, 309 two-bedroom apartments similar to 5B/238 Toorak Rd, have been sold.

This represents a 31% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Mark Konishi

Mark Konishi is a recommended agent for South Yarra.  They have 32 local sales and collected 25 local reviews across the last 12 months.

  •   4.9   (336 reviews)
  •  25 Reviews in South Yarra
  •  32 Sales in South Yarra
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Tina Chauhan

Tina Chauhan is an award winning recommended agent for South Yarra.  They have 11 local sales and collected 13 local reviews across the last 12 months.

  •   4.8   (30 reviews)
  •  13 Reviews in South Yarra
  •  11 Sales in South Yarra
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Grant Wallace

Grant Wallace is a recommended agent for South Yarra.  They have 32 local sales and collected 12 local reviews across the last 12 months.

  •   4.9   (276 reviews)
  •  12 Reviews in South Yarra
  •  32 Sales in South Yarra
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Dion Besser

Sellers who recommend Dion Besser have praised them for being clear communication, local expert, supportive, dedicated, responsive, great negotiation and honest

  •   4.9   (102 reviews)
  •  7 Reviews in South Yarra
  •  11 Sales in South Yarra
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