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Sold on 16 Feb 2024 for $675,000

502/8 Garden Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 502/8 Garden St, South Yarra

502/8 Garden St, South Yarra is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in South Yarra in the last 12 months.

Building Type
Apartment
Local Government
Stonnington
Lot/Plan
502/PS738904

Last Listing description (February 2024)

This charming apartment is located in the heart of South Yarra, one of Melbourne's most desirable. With its convenient location just of from the bustling Chapel Street, you'll have easy access to some of the Chapel's best shops, restaurants, and entertainment.

The apartment itself is a spacious 2 bedrooms unit, perfect for one looking for a cozy and comfortable living space. It features a functional plan with Kitchen that seamlessly flows into the living area, creating a welcoming atmosphere that's perfect to come.

The dark scheme kitchen allowing for easy maintenance and cleaning, also making it easy to prepare gourmet meals at home. The bedroom is bright and spacious, with large windows that let in plenty of natural light, and there is ample closet space for storage.

The bathroom is modern and clean, with floor to celling tiles with a shower, extra large sink, and toilet. The apartment also comes with a laundry , ensuring that you have everything you need for a comfortable and convenient living experience.

Unmatched location, this apartment is hard to beat. The South Yarra train station is just a short walk away, providing easy access to all parts of the city. And with Chapel Street just around the corner, you are across the street from Jam Factory, Prahran Market and all South Yarra has to offer, such as; parks, shops, restaurants, etc..

Overall, this apartment in South Yarra is a perfect choice for anyone looking for a comfortable, convenient, and stylish living space in one of Melbourne's most sought-after. Or for any savvy investor that is looking for a easy way to generate cash flow.

Property History for 502/8 Garden St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$675,000
16 Feb 2024
Listed for Rent
$640/w
22 Aug 2018
  • 14 Feb 2024
    Sold for $675,000
  • 01 Aug 2023
    Listed for Sale Private Sale: $670,000 - $700,000
  • 07 Aug 2018
    Listed for Rent - Price not available
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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.
There are currently 73 properties listed for sale, and 51 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1076 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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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.