SOLD
Sold on 27 Jul 2024 for $1,551,500

14 Macfarlan Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 100m2
Land area: 183m2
Sold By
Woodards South Yarra
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Property Details for 14 Macfarlan St, South Yarra

14 Macfarlan St, South Yarra is a 2 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 183m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in South Yarra in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
100m2
Land Size
183m2
Local Government
Stonnington
Lot/Plan
1/PS705535

Last Listing description (September 2024)

Some say that opportunities like this for land in South Yarra is as rare as a blue moon, but the fact is that properties like that are even rarer. A "blue moon," a second full moon occurring within a calendar month, typically happens every two & a half years. You might have to wait far longer than that for another chance at 346sqm (approx.) in Macfarlan Street; one of the most underrated positions in Stonnington. All the best of the Domain Precinct at your fingertips from the Botanic Gardens to the Yarra River & the City.

Two large houses with a tick over 13.5m frontage to Macfarlan & 2nd street frontage to the north on Macfarlan Lane, both to be sold together right in the heart of South Yarra is a golden opportunity not to be missed. The options are endless: you could take over the existing investment with significant potential returns or take advantage of the lack of heritage overlay & knock down & rebuild to your heart's desire, utilizing the total 346sqm (approx.) & see your vision come to life (STCA). Or live in one ? rent out the other, like Ray & the rest of the Romano's, why not set Mum & Dad up next door!

Nestled within a serene neighbourhood, numbers 12 & 14 Macfarlan Street are enveloped by a wealth of cafes, restaurants & bars along Toorak Road & Chapel Street. Take a leisurely stroll & soak up the lush greenery at Fawkner Park or find yourself at the renowned Como Centre; the perfect destination to shop, dine & unwind. Getting around is a breeze with public transport accessibility at your fingertips, thanks to tram access via line 58 & multiple train lines departing from South Yarra, effortlessly connecting you to the city & surrounds.

Number 14 has a large dining room, two generous bedrooms with built in robes, the main bedroom with a split system. The kitchen features sparkling stainless steel appliances while the bathroom is modern & spacious. There is an open plan lounge area & rear courtyard offering space for two cars. Other features include polished floorboards throughout & a separate laundry. Number 12 also features two bedrooms, one with built in robes. The separate kitchen leads out to a rear courtyard & ample storage space. The living area has a certain warmth about it, & no doubt any buyer looking to renovate within the existing floorplan will keep the Tasmanian Oak Parquetry. To reiterate the obvious, this is an opportunity of a lifetime, but don't just take our word for it. Why not come & have a look for yourself?

Property History for 14 Macfarlan St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$1,551,500
27 Jul 2024
Listed for Rent
$775/w
14 Sep 2023
  • 27 Jul 2024
    Sold for $1,551,500
  • 25 Jun 2024
    Listed for Sale Not Disclosed
  • 26 Jul 2023
    Listed for Rent $775 / week
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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 25,490 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 48 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1077 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.