SOLD
Sold on 10 Nov 2023 for $350,000

1/877-879 Punt Road
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 1208m2
Sold By
Ashley Maikousis
Woodards South Yarra
Edward Carlile
Woodards South Yarra
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Property Details for 1/877-879 Punt Rd, South Yarra

1/877-879 Punt Rd, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1208m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
43m2
Land Size
1208m2
Local Government
Melbourne
Lot/Plan
1/RP14921

Last Listing description (May 2024)

**Accessible from Airlie Bank Lane at the rear**

Elevated and bright with windows from almost every aspect, this updated apartment is a true hidden gem waiting to be discovered. Offering the added perk of no shared walls with neighbours, enjoy a spacious living and dining room with which leads out onto the caf? style balcony.

Modern elegance with neutral tones is found in the kitchen which is separated from the living area and sure to impress amateur and professional cooks alike. The generously proportioned bedroom has both north and east facing windows and features a BIR that leads into the ensuite bathroom which offers plenty of storage options in the vanity and medicine cabinet.

The home also features new carpet, reverse A/C, communal laundry facilities, aluminium windows, intercom entry and secure undercover parking easily accessed via Walsh Street. Being an established low maintenance block expect reasonable owners corp fees, which are always welcome.

Nestled in an ideal location, it is positioned in close proximity to all the essentials you'd anticipate from a city abode. Embark on a stroll to the Yarra River, enjoy a jog around The Tan, or have a leisurely picnic in the Royal Botanic Gardens. For sports enthusiasts, Melbourne's sports precinct is just a short trip away. Returning to your haven, venture down to Toorak Road for access to trams, trains, charming cafes, vibrant bars, and exquisite restaurants. This home offers a beautiful retreat indoors, seamlessly intertwined with a vibrant lifestyle outdoors.

Property History for 1/877-879 Punt Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$350,000
10 Nov 2023
Listed for Rent
$280/w
24 Feb 2010
  • 10 Dec 2023
    Listed for Rent $460 / week
  • 10 Nov 2023
    Sold for $350,000
  • 14 Aug 2023
    Listed for Sale $375,000
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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 25,732 properties. Over the last 5 years, Houses in South Yarra have seen a 17.13% increase in median value, while Units have seen a 0.20% increase. As at 31 July 2024:

  • The median value for Houses in South Yarra is $2,104,075 while the median value for Units is $603,761.
  • Houses have a median rent of $863 while Units have a median rent of $580.
There are currently 60 properties listed for sale, and 59 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1134 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Disclaimer
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.