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.
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.
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:
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