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Overview
Positioned in the prestigious suburb of South Yarra, this property offers a captivating opportunity for buyers seeking charm combined with outstanding potential. Nestled just off Toorak Road, it boasts convenient access to premium schools, extensive parklands, boutique shops, and comprehensive transport links.
The home, a classic Edwardian residence approximately 120 years old, presents enduring character with elegant architectural features. Its well-proportioned façade embodies the timeless appeal of this style, conjuring a sense of history and quality craftsmanship.
Spanning 346 square metres, the land provides ample space not only for comfortable living but also for parking up to four vehicles off-street, an uncommon luxury in this sought-after area. Internally, the house includes versatile living spaces with a sitting room, dining room, a north-facing family room that fills the home with natural light, along with three bedrooms, a kitchen, laundry, and a bathroom.
This property is ideal for buyers with a vision, whether to renovate and enhance the original charm or to rebuild entirely, subject to council approval. The vibrant neighbourhood has already seen many quality new homes, reflecting its desirability and the potential for strong future growth.
Families will appreciate the proximity to amenities and schools, while professionals will value the ease of commuting to the Melbourne CBD and access to cultural precincts, dining, and leisure. Overall, this home presents a unique blend of traditional appeal and the opportunity to create a bespoke residence tailored to contemporary lifestyles.
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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