511/77 River StreetSouth Yarra VIC 3141
Property Details for 511/77 River St, South Yarra
511/77 River St, South Yarra is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 1853m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
Last Listing description (August 2024)
Do not keep scrolling this is the one! For any first home buyers or savvy investors wanting to enter the market, discover an exquisite opportunity for your first purchase or a savvy investment (gaining an approx 7.8% rental yield) in the coveted heart of South Yarra. Just a stone's throw away from the iconic Chapel Street, this contemporary and sun-drenched one-bedroom apartment is found within a secure building privately tucked away off the main street.
Step into a world of comfort as you enter through the inviting foyer, complete with a European laundry for seamless functionality. The bedroom exudes practical elegance with its built-in robes and a thoughtfully incorporated study desk, catering to your work or creative needs.
The master bedroom impresses with its generous proportions, harmoniously flowing into the open-plan living area. Your peace of mind is further assured with a secure basement car park and storage cage so that you don't have to worry about securing a car space in the very busy area that is South Yarra.
Indulge in the vibrant pulse of the neighbourhood, with an array of top-tier cafes and shops just minutes away. Enveloped by the allure of one of Melbourne's most cosmopolitan suburbs, this is an opportunity that calls for swift action. It won't last long, contact Alexander to secure your inspection shortly.
Property History for 511/77 River St, South Yarra, VIC 3141
- 01 Feb 2024Sold for $311,000
- 12 Aug 2022Listed for Rent $350 / week
- 21 Jan 2022Listed for Rent $290 / 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.
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