Can you really find value in Toorak?

At an asking price of $2–2.2 million, 14B Devorgilla Avenue, Toorak was a home on just under 400 m². This property immediately stood out as compelling value, and here’s why.

As a buyer agent, I’m constantly weighing up what a home offers today against what it could become. This classically inspired single-level town residence ticked both boxes with confidence.

Positioned at the end of a private collection of just three residences, accessed via a gated entrance, the home leads you through an iron-gated vestibule to a traditional front door and a graceful hallway. High ceilings, cornicing and polished timber floors set an elegant tone throughout, and plantation shutters framing vast windows complete the picture. This property presents beautifully.

North-facing orientation is something I always look for, and this home delivers. Soft natural light flows into both the sitting and dining rooms, creating a restful ambience that’s difficult to manufacture and impossible to retrofit. The floor plan is genuinely solid, a quality that’s easy to overlook but matters enormously for liveability. A versatile study opening directly to the garden via French doors adds further flexibility, doubling as a third bedroom if needed.

The classic kitchen features an integrated oven and stovetop, abundant cabinetry and a casual dining area that connects to a private courtyard. Polished timber floors run seamlessly through the kitchen, casual dining and laundry areas, a small detail that makes a big difference to the overall flow of the home.

The primary bedroom includes a walk-in robe and a marble ensuite with a separate bath and shower. The second bedroom is equally well-appointed with both built-in and walk-in robes, its own ensuite, and direct access to a second courtyard. A guest powder room rounds out the accommodation.

One of the most attractive aspects of this property is its renovation upside. The fundamentals are already there, high ceilings, generous proportions, excellent natural light & a double garage. But there is clear scope to modernise and add value over time, making it an astute purchase for the right buyer.

The home is well-equipped with split-system air conditioning, a gas fireplace, zoned ducted heating, a ducted vacuum, and a security system. Location-wise, it’s minutes from High Street Armadale, Hawksburn and Toorak Village, with Toorak Station, Toorak Park and Orrong Reserve all within easy reach.

The property does carry a body corporate, and some maintenance is required; both factors are worth factoring into your purchasing calculations, but neither is a dealbreaker given the price point and underlying value on offer.

For a buyer seeking a secure, single-level home in one of Melbourne’s most tightly-held pockets, with the space, light and bones to make it their own, this represented a rare and genuinely worthwhile opportunity.