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Location

Market Insights for South Yarra VIC 3141

New Listings (last 30 days)

Average price

$1,224,783

Lowest price

$285,000

Highest price

$7,680,000

20/41 Park Street, South Yarra VIC 3141

Expressions Of Interest $500,000 - $550,000

Search Band Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

Apartment 1 Bed 1 Bath

Listed: yesterday

Overview

Tucked away at the quiet rear of an established complex in one of South Yarra's most sought-after precincts, this bright and spacious one-bedroom apartment offers a comfortable and stylish city fringe lifestyle. The generous proportions allow ample space for contemporary living and entertaining needs, enhanced by large windows inviting an abundance of natural light and framing open city skyline views that uplift the ambiance.

Park Street itself is a charming, tree-lined street embellished with classic Victorian homes, setting a tranquil residential tone. Residents enjoy proximity to prominent greenery including Fawkner Park and the Royal Botanic Gardens, both just a short stroll away, providing peaceful outdoor escapes and a strong connection to nature and leisure.

The apartment's entry hallway smoothly transitions to a living space designed for relaxed living with well-planned natural illumination and pleasant views. The kitchen features a thoughtfully arranged layout, including practical storage and a dishwashing area that supports day-to-day functionality. Well-sized, the bedroom is ideal for restful comfort and includes a separable design from the central living areas.

Additionally, the separate kitchen storage area and a dedicated space well-suited as a breakfast bar or mini workstation make the apartment particularly adaptable for professionals or downsizers valuing a balance between functionality and aesthetic appeal.

This property would appeal to singles, couples, or investors seeking a low-maintenance, convenient inner-city location that blends period residential charm with access to city lifestyle and amenities, all while offering a peaceful setting.

Bright and generously proportioned one-bedroom apartment
Quiet back position within the complex enhances privacy
Views of natural city skylines through large picture windows
Well-separated bedroom with tranquil outlooks
Separate kitchen with ample storage and dishwashing facilities
Convenient breakfast bar or flexible workspace area
Located on a charming tree-lined street near Victorian homes
Short walk to Fawkner Park and Royal Botanic Gardens

Local Market Insights

In South Yarra, Quiet Listings observed 46 new apartments entering the market over the last 30 days, down from 80 during the previous 30-day period, with an average advertised asking price of $1,224,783. The property type mix of listed properties is predominantly Apartments at 71%, followed by houses (21%), and townhouses (4%). The most active agency for apartments in the South Yarra area is currently Belle Property, representing 24% of new listings. 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.