Securely let out with a fantastic rental return and Set in the heart of Fashionable South Yarra and in a small boutique block, this brand new apartment is sure to impress and makes for the perfect investment. Comprising spacious and functional living spaces opening up to indoor and outdoor balconies with picturesque views, kitchen with stone benchtops and Bosch appliances, large bedroom with built in robes, reverse cycle heating and cooling, every aspect of this apartment has been designed so you can live in style. This apartment is the optimum level of living and are the perfect investment or place to call home after lease expires.
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:
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