SOLD
Sold on 11 Jul 2024 for $1,925,000

5/3 Hobson Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 643m2
Sold By
Jellis Craig Stonnington
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Property Details for 5/3 Hobson St, South Yarra

5/3 Hobson St, South Yarra is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 643m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in South Yarra in the last 12 months.

Building Type
Unit
Year Built
1998
Land Size
643m2
Local Government
Stonnington
Lot/Plan
5/PS340336

Last Listing description (July 2024)

Expressions of Interest

Enter 'The Hobson', positioned in a premier South Yarra location, where this classically inspired, sun-drenched luxury penthouse apartment offers abundant space, light and serenity. On the top floor of this boutique block of only six, panoramic outlooks to the north and east capture city views across the South Yarra rooftops and a north facing terrace provides brilliant outdoor connection overlooking Hobson Street Park. A stylish parquetry entrance provides the fitting introduction to the open plan living zone's vast dimensions where large windows and doors welcome natural light into the spacious living area, and a separate but connected dining space extends the flexibility. Parquetry floors again feature in the stylish kitchen where ample storage, stone benchtops, walk in pantry and a servery create the foundation for great entertaining. Two large bedrooms include the spacious main with a walk-through robe, ensuite bathroom and balcony. Additional benefits include an independent laundry, wool carpets, generous storage, heating and cooling, intercom entry, security entrance with lift access, two side-by-side car parks and a large private storage room. Minutes from Hawksburn station and Village, excellent tram links and easily walkable to Malvern Road and Chapel Street's cafe and dining precincts, this generous apartment represents exceptional lifestyle opportunity.

Property History for 5/3 Hobson St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$1,925,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $1,925,000
  • 13 Jun 2024
    Listed for Sale Expressions of Interest $1,900,000 - $2,090,000
  • 26 Dec 2023
    Transferred
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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 25,490 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:

  • The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
  • Houses have a median rent of $725 while Units have a median rent of $588.
There are currently 73 properties listed for sale, and 48 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1077 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.