SOLD
Sold on 30 Jan 2024 for $1,200,000

3/1-9 Park Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 96m2
Land area: 486m2
Sold By
Belle Property Armadale
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Property Details for 3/1-9 Park St, South Yarra

3/1-9 Park St, South Yarra is a 2 bedroom, 1 bathroom Unit and was built in 1935. The property has a land size of 486m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in South Yarra in the last 12 months.

Building Type
Unit
Year Built
1935
Floor Size
96m2
Land Size
486m2
Local Government
Melbourne
Lot/Plan
3/SP25850

Last Listing description (March 2024)

This stunning elevated two bedroom apartment is located in arguably one of South Yarra's, if not Melbourne's finest Art Deco buildings of just 6 apartments designed by J Esmond Dorney in 1935. Located on the middle level and comprising a whole half floor, Apartment 3 has uninterrupted views directly overlooking leafy Fawkner Park. The property is generously proportioned with over 100sqm of internal and external area including the private wrap around park view balcony. Comprising an extra generous master bedroom with robes, second bedroom with period curved window, well-appointed kitchen with natural light and laundry facilities, smart central bathroom and separate dining room with floor to ceiling curved window and lounge with leafy park views. Other key benefits for the owner to enjoy include large communal rooftop space with city views, security entrance and access to permit street parking for you and your guests & carshare parking nearby. Throw in a super-convenient location with trams at your doorstep, new Anzac station within walking distance, high score walkability index with Toorak Rd restaurants and shopping, Botanic Gardens and The Botanical hotel near the other end of Park St.

Property History for 3/1-9 Park St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$1,200,000
30 Jan 2024
Listed for Rent
$585/w
28 Sep 2020
  • 30 Jan 2024
    Sold for $1,200,000
  • 18 Jan 2024
    Listed for Sale $1,200,000
  • 07 Aug 2020
    Listed for Rent $585 / 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 61 properties listed for sale, and 59 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1132 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.