1-9 Park StreetSouth Yarra VIC 3141
Property Details for 1-9 Park St, South Yarra
1-9 Park St, South Yarra is a 6 bedroom, 6 bathroom Unit. The property has a land size of 486m2.
Last Listing description (July 2026)
In London they have Mayfair and Park Lane, and in New York they have Fifth Avenue, but in Melbourneit's all about Park Street South Yarra. Set between the Botanic Gardens and Fawkner Park, this heritage gem is perfectly positioned. Whether you are looking at luxury residential project, a single residence like no other or just a quality blue chip investment - where would you rather be?
On the western side of Park Street, this prominent corner landholding of approximately 398m represents a rare and rewarding opportunity. Comprising six generously proportioned apartments-each on its own title-the property spans an estimated 516m of net residential area, with the added benefit of substantial undercover storage and secure parking. In total, there are eight titles, including dedicated parking and storage units, with further land at the rear providing additional parking and enhancing future flexibility.
Currently generating an income of approximately $100,000 per annum (fully let), this outstanding asset offers multiple pathways for savvy buyers-whether to invest, develop (STCA), or create your own dream residence in the Domain Precinct. The location delivers seamless access to Melbourne's finest amenities, including the CBD, St Kilda Road's cultural precinct, the MCG and sporting district, Fawkner Park, the Royal Botanic Gardens, the Yarra River, and the vibrant lifestyle of Chapel Street, South Yarra.
Property History for 1-9 Park St, South Yarra, VIC 3141
- 31 Oct 2025Listed for Sale Contact Agent
Recent sales nearby
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0About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% 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 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,705 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
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