501/657 Chapel StreetSouth Yarra VIC 3141
Property Details for 501/657 Chapel St, South Yarra
501/657 Chapel St, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
Last Listing description (August 2024)
Positioned for indulging in the verve and vibrancy of Melbourne's premier lifestyle hub, this exceedingly spacious residence delivers bright and refined easy living with impressive investment credentials.
Its appeal augmented by heating/cooling, a European laundry, video intercom, and basement car space, a calm and considered interior offers proportions above and beyond the apartment norm; presenting an abundance of space to unwind, entertain, and work from home. A substantial living/dining area is flanked by a storage-rich kitchen and scenic balcony, while a broad bedroom is complemented by mirrored robes and a smart bathroom with shower over bath.
A boutique retreat ideal for starters and downsizers chasing positional prestige and inner-suburban buzz, it's placed among Chapel Street's first-class coffee, eclectic shopping, celebrated cuisine, and animated nightlife, with lively Toorak Road, Como shops and cinemas, Prahran Market, picturesque river trails, South Yarra Station, and numerous trams just steps away.
Property History for 501/657 Chapel St, South Yarra, VIC 3141
- 01 Aug 2024Sold for $478,000
- 18 Jul 2024Listed for Sale Sold: Undisclosed
- 22 Feb 1994Sold for $172,000
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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 25,493 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.
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