1 Albion StreetSouth Yarra VIC 3141
Property Details for 1 Albion St, South Yarra
1 Albion St, South Yarra is a 7 bedroom, 7 bathroom Unit with 5 parking spaces and was built in 1900. The property has a land size of 377m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2007.
Last Listing description (July 2026)
Nestled within a prized location just a short walk to every South Yarra drawcard, this superb enclave of seven apartments represents a rewarding addition to any investment portfolio or a sensational site to build a new luxury home or boutique development (STCA).Currently leased, the three one-bedroom and four studio apartments are in ideal condition to continue as a lucrative income generator in a highly coveted inner urban location close to public transport, Prahran Market, Chapel Street, Commercial Road and Toorak Road shops and eateries and Fawkner Park. Passing rental $136,000 per annum approx.Alternatively, in a quiet, peaceful pocket, the superb site provides the perfect opportunity to make an architectural statement with a new home or boutique development designed to your own requirements and tastes.In a location always in demand, this is an increasingly rare opportunity. Land size: 377sqm approx.
Property History for 1 Albion St, South Yarra, VIC 3141
- 10 Jul 2026Listed for Sale Expressions of Interest close Tues 14 Apr 12.00pm
- 18 Mar 2026Listed for Sale Expressions of Interest close Tues 14 Apr 12.00pm
- 02 Jun 2020Listed for Rent $600 / week
Recent sales nearby
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About 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 26,713 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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