1/87 Caroline St, South Yarra is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 893m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
Step into a street-facing apartment on coveted Caroline Street, where charm, convenience and a beautifully refreshed interior come together with effortless liveability. Recently painted and thoughtfully updated, this home blends classic character with contemporary appeal ideal for those seeking comfort, practicality and an energising inner-city base.A bright living and dining zone anchors the home, opening onto a beautiful balcony that captures the calm, established atmosphere this older-style block is known for. The bathroom has been lightly renovated with a new vanity, bringing a clean and modern finish while still retaining the property's timeless appeal.The generous bedroom is a genuine highlight spacious, peaceful and complete with built-in wardrobes and an integrated study nook perfectly suited for remote work, creative pursuits or weekend planning. It's a balanced, multi-functional space that feels both private and inspiring.All of this is positioned moments from the Royal Botanic Gardens, the Yarra walking trails and the vibrancy of the Melbourne CBD. Caroline Street offers that rare blend of serenity and connectivity an exceptional location for young professionals, regular travellers and interstate buyers wanting a stylish, central Melbourne base with long-term lifestyle value.
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of 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 26,172 properties. Over the last 5 years, Houses in South Yarra have seen a -0.83% decrease in median value, while Units have seen a 2.06% increase. As at 31 October 2025:
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