FOR SALE
$325,000

1607/2 Claremont Street
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Ideal first home or blue-chip investment with high rental yield (7.5%) and low OC fees.

‘Ella’ – Style, sophistication, and the ideal city-fringe lifestyle.
Sublime opportunity in one of Melbourne’s most sought-after locales.
• Open floorplan featuring light-filled living and dining spaces
• Flowing out via glass sliding doors to an entertainer’s balcony overlooking sweeping views
• Contemporary kitchen featuring quality European appliances, gloss white cabinetry with stone and timber veneer accents
• Cleverley integrated fireplace in a custom designed floating stone shelf
• Spacious bedroom equipped with mirrored built-in robes and carpeted for comfort
• Natural stone and glass bathroom with rejuvenating overhead rain shower
• Convenient European laundry
• Oak timber flooring and wool blend carpets throughout
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Property Details for 1607/2 Claremont St, South Yarra

1607/2 Claremont St, South Yarra is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Shape Property Pty Ltd.

Building Type
Apartment

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About South Yarra 3141

The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.

South Yarra has 25,497 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:

  • The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
  • Houses have a median rent of $725 while Units have a median rent of $588.
There are currently 73 properties listed for sale, and 51 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1076 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Diana Kozlowska
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Shape Property Pty Ltd
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.