OFF MARKET

2/524 Punt Road
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 360m2
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Property Details for 2/524 Punt Rd, South Yarra

2/524 Punt Rd, South Yarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 360m2 and floor size of 75m2.

Building Type
Unit
Year Built
1955
Floor Size
75m2
Land Size
360m2
Local Government
Stonnington

Last Listing description (December 2023)

Is this the biggest two bedroom flat in South Yarra?

One of only two and set in a lush garden, Flat 2 occupies the whole top floor. Live among the treetops and enjoy views of the city, the MCG and the Nylex clock.

The flat has been freshly painted throughout and has been recently renovated. Designed by famous 1920s architect, Howard Lawson, it exudes character and warmth with Baltic pine floorboards, diamond pane glass and pitched ceilings. Double brick walls and acoustic glass make for quiet and cosy living.

There's a huge and stylish lounge, two good sized bedrooms with robes and a massive sunroom / study / 3rd bedroom. Separate kitchen with sunny, north facing meals area. Bathroom with washing machine space and taps.

You will have a lock up garage and garden entry via Alexandra Avenue as well as a separate car space. Parking permit also available.

The lush garden is shared with the downstairs flat and has a BBQ and expansive spotted gum dining deck. Gardener included.

Across the road from the Yarra and its bike paths, seconds to the bus stop (direct to the Alfred Hospital) and minutes to either Richmond or South Yarra station, this is so well located. Just 300m to the Royal Botanical Gardens and a ten minute walk to AAMI Stadium and the sports precinct.

Fully fenced and pets welcome. Nice landlords with references!

This flat rarely becomes free, so come and have a look.

Property History for 2/524 Punt Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Listed for Rent
$650/w
19 Jul 2020
  • 07 Dec 2023
    Listed for Rent $700 / week
  • 09 Apr 2020
    Listed for Rent $650 / week
  • 28 Nov 2018
    Listed for Rent $600 / 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 25,731 properties. Over the last 5 years, Houses in South Yarra have seen a 20.24% increase in median value, while Units have seen a 0.31% increase. As at 31 August 2024:

  • The median value for Houses in South Yarra is $2,180,325 while the median value for Units is $597,598.
  • Houses have a median rent of $823 while Units have a median rent of $580.
There are currently 64 properties listed for sale, and 49 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1139 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.