1001/7 Yarra St, South Yarra is a 1 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2011. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
This well-appointed serviced apartment presents a secure, set-and-forget investment in one of Melbourne's most sought-after inner-city locations. Leased for five years from 5th August 2024 with two further five-year options, the property delivers a reliable income stream at $20,800 per annum. Positioned within a professionally managed complex, it offers low-maintenance ownership and long-term tenant stability. Ideal for investors seeking consistent returns without the hassles of day-to-day management, this apartment benefits from strong demand driven by its premium lifestyle setting. The unbeatable location places it moments from South Yarra's renowned dining, shopping, transport, and the Yarra River precinct.
Features Include:
* Secure five-year lease from August 2024
Secure a blue-chip investment with long-term income-enquire today.
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 26,627 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:
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