233 Domain RoadSouth Yarra VIC 3141
Property Details for 233 Domain Rd, South Yarra
233 Domain Rd, South Yarra is a 12 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 743m2.This Property is currently listed for sale with For Sale By Owner Australia Pty. Ltd.
Last Listing description (June 2026)
The Phone Code for this property is: 77820. Please quote this number when phoning or texting.
A rare opportunity to acquire Elm Tree House, a substantial and prominently positioned property owned by the Republic of Italy, in one of South Yarra's most established and highly regarded precincts.
Occupying a valuable corner position with frontages to two main roads and rear laneway access, the property offers strong street presence, excellent accessibility and a flexible site configuration. The land is generally level and rectangular, with outdoor garden areas and an existing garage accessed via the rear laneway.
Historical background
Elm Tree House was constructed in 1857/58 and later acquired in 1920 by prominent Melbourne figures in the Melbourne society. The dwelling is associated with several notable events, including a visit by President Lyndon Johnson in the 1960s.
The Italian Government acquired the property in 1974, and it has since served as the home of the Italian Cultural Institute.
Key features
Prominent corner position in South Yarra
Frontages to two main roads plus rear laneway access
Outdoor garden area
Existing garage accessed via the rear laneway
Generally level and rectangular site
Offered with vacant possession
HO6 Heritage Overlay precinct: non-contributory
Historical interest
Exceptional location close to the Royal Botanic Gardens, Domain Road, Toorak Road and South Yarra amenities
Planning and heritage
The property is located within the HO6 Heritage Overlay precinct and is identified as non-contributory.
Sale process
The sale will proceed in accordance with the official Notice of Sale documentation.
Occupancy: Vacant
Inspections: By appointment only
Offers close: 12:00 pm AEST, 28 August 2026
Enquiries: melbourne.concorsi@esteri.it
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 233 Domain Rd, South Yarra, VIC 3141
- 16 Jun 2026Listed for Sale $14,000,000 base price
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% 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 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,704 properties. Over the last 5 years, Houses in South Yarra have seen a -13.57% decrease in median value, while Units have seen a -5.36% decrease. As at 30 June 2026:
- The median value for Houses in South Yarra is $1,939,055 while the median value for Units is $595,455.
- Houses have a median rent of $925 while Units have a median rent of $625.
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