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Location

Market Insights for South Yarra VIC 3141

New Listings (last 30 days)

Average price

$800,000

Lowest price

$750,000

Highest price

$850,000

21 Chapel Mews, South Yarra VIC 3141

$750,000 - $820,000

Search Band

$750k - $800k High Confidence Calculated based on strong search observations.

Unit 1 bed 1 bath 2 cars

Listed: 11 days ago

Overview

Situated in the vibrant heart of South Yarra's Chapel Street precinct, this contemporary loft-style unit offers a refined urban lifestyle marked by both comfort and convenience. The two-storey design balances privacy and openness, highlighted by a light-filled living and dining area that flows seamlessly to a private sunlit courtyard — an ideal space for entertaining or unwinding.

The thoughtfully designed kitchen is outfitted with stone benchtops and premium stainless steel appliances, catering to modern culinary needs with style and functionality. The mezzanine-style master bedroom upstairs provides generous space and a distinct sense of retreat, paired with a sleek bathroom featuring a frameless shower for contemporary elegance. A separate powder room downstairs enhances day-to-day practicality.

Additional features such as split-system heating and cooling ensure year-round comfort, while secure basement parking for two vehicles—with direct internal access—adds significant convenience and security. Moreover, the oversized private storage cage addresses urban living demands for extra space.

Residents also benefit from resort-style amenities including a 25-meter swimming pool and spa, gymnasium, sauna, and beautifully maintained communal gardens, encapsulating a lifestyle that harmonizes leisure and wellness within a secure complex.

This property is well-suited for professionals or downsizers seeking a stylish home close to an array of dining, boutique shopping, cultural attractions, and green spaces such as the Royal Botanic Gardens and the Yarra River. Excellent transport links further amplify the appeal, providing swift access to Melbourne’s CBD and surrounding precincts.

Local Market Insights

In South Yarra, Quiet Listings observed 2 new units entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $800,000. The property type mix of listed properties is predominantly Apartments at 73%, followed by houses (18%), and townhouses (5%). The most active agency for units in the South Yarra area is currently McGrath Estate Agents, representing 50% of new listings, followed by RT Edgar with 50%. 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.