Back 5B/516 Toorak Road
Off Market

5B/516 Toorak Road

Toorak VIC 3142

3
2
2
Apartment
James McCormackJames McCormack, last sold this property on 13 September 2025 after 24 days on market.

Overview

'Oakdene': A Toorak Icon with Sweeping City Views

A gloriously sunlit icon of Toorak Road, this oversized, two bedroom, two bathroom, half-floor apartment is one of only two on the fifth floor of the renowned 'Oakdene' building, perfectly north-facing and framing a stunning panorama that extends all the way from the city's skyline to the hills of the Dandenongs. Often coveted but rarely offered, this is the quintessential mid-century Toorak classic with a refined lifestyle offering few can match. Introduced by a generous entrance hall, the home opens to a grandly scaled lounge / dining room and a broad north-facing sunroom backed by the views, while a semi-attached study is absolutely enormous and offers the flexibility of also serving as a bedroom or a separate sitting / TV room. Meanwhile, a bright kitchen / meals area is Miele-equipped with electric cooking and views to the ranges. Accessed securely by video entry with fob-activation and CCTV surveillance for added peace-of-mind, the home also offers an ensuite for each of the particularly large bedrooms one with walk-in and the other with built-in robes plus there is a powder room, a laundry, reverse cycle and split system heating / air conditioning, as well as an extra-wide double lock-up garage with extra storage. Simply stroll down the road or take the tram for just one stop to enjoy all the cafes, fine dining, bars, boutique and grocery shopping of Toorak Village, the Yarra River nearby with wonderful walking trails and easy access to both Hawksburn Village and Glenferrie Road.

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Toorak over the last 12 months, the estimated median property value of 5B/516 Toorak Road is $1.56m.

Median value
$1.56m
Estimated value range
$781k - $4.58m
Median days on market
29
Estimated value trend
4%
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 5B/516 Toorak Road

2025
Sold
Undisclosed
Auction Sale on 13 Sep 2025 by James McCormack, of Marshall White - Stonnington

Happy sellers in Toorak

69%
69% 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 9 reviews in Toorak over the last 12 months.

Local market activity for 3 bedroom apartments in Toorak

In the last 12 months, 67 three-bedroom apartments similar to 5B/516 Toorak Road, have been sold.

This represents a 3% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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