812/7 Yarra St, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
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If you are looking for a versatile, affordable and superbly located investment opportunity then this fully-renovated studio could fit the bill. Situated in the 'Seven Yarra' development just a heartbeat from everything that makes South Yarra such a great lifestyle or tourism destination, this is the perfect inner-city bolthole or a rewarding holiday let opportunity.
- Light-filled and open plan layout offering the easiest setting for busy home occupiers or plenty of space for short term rentals - perhaps students or holidaymakers.
Just steps to South Yarra station giving you easy access into the CBD, MCG and concert venues, the home is within moments of an array of dining options & bars as well as parklands for greenery & recreation.
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 25,503 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:
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