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Overview
Set in a highly sought-after South Yarra locale just off Toorak Road, this Edwardian home offers a significant opportunity for renovators or those dreaming of a rebuild on a substantial 346 sqm allotment (STCA). The property enjoys proximity to excellent schools, transport options, vibrant Toorak Road shopping, and expansive parklands, positioning it as an ideal family hub.
The home itself is steeped in character, being approximately 120 years old and featuring the timeless proportions typical of Edwardian architecture. Its design provides a solid foundation with a sitting room, dining room, three bedrooms, kitchen, north-facing family room, a laundry, and a bathroom, alongside a garage and four off-street car parking spaces. Such layout offers functional living spaces, yet the property’s true potential lies in its capacity for modernization or redevelopment.
This street is witnessing a wave of quality new home constructions, underscoring the vibrancy and prestige of the area. For those chasing an established family residence with ample parking and period charm or the chance to create a bespoke new-build in one of Melbourne’s desirable inner suburbs, this property is a rare find.
Local Market Insights
In South Yarra, Quiet Listings observed 11 new houses entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $2,522,727. The property type mix of listed properties is predominantly Apartments at 72%, followed by houses (18%), and townhouses (6%). The most active agency for houses in the South Yarra area is currently Marshall White, representing 27% of new listings, followed by Williams Batters with 18%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for South Yarra VIC 3141
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