12/77 River StreetSouth Yarra VIC 3141
Property Details for 12/77 River St, South Yarra
12/77 River St, South Yarra is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 1858m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
Last Listing description (September 2026)
Positioned in the heart of one of Melbourne's most sought-after lifestyle precincts, this exceptional South Yarra apartment presents an outstanding opportunity to secure a high-performing investment with strong rental returns, low holding costs and consistent tenant demand.
For interstate investors seeking stronger rental returns than those typically available in other states, this property represents an increasingly rare opportunity to purchase in a blue-chip suburb without the premium price tag. With an anticipated purchase price of approximately $340,000 and an estimated rental return of $500$550 (approx.) per week.
What truly sets this property apart is its exceptionally low holding costs. Owners Corporation fees are under $4,000 per annum (approx.), with total annual outgoings of less than $7,000 (approx.), including council and water rates. For investors, this translates to stronger cash flow, improved net returns and lower ongoing ownership costs-an increasingly important consideration when assessing an investment property.
Perfectly positioned within walking distance of Chapel Street, Toorak Road, South Yarra Station, the Yarra River trails and Melbourne's CBD, the apartment sits within one of the city's strongest rental catchments. Young professionals, corporate tenants and students continue to drive consistent demand for quality accommodation in the area, helping minimise vacancy periods and providing confidence in ongoing rental performance.
Inside, the apartment has been thoughtfully designed to maximise space, comfort and functionality. A light-filled open-plan living and dining area is complemented by a well-appointed kitchen, generous bedroom accommodation and a modern bathroom, creating a low-maintenance residence that appeals to a broad range of prospective tenants. Its practical layout and lock-and-leave lifestyle also make it an excellent option for owner-occupiers seeking an inner-city base.
Investment Highlights
Estimated purchase price of approximately $340,000 (approx.)
Estimated rental return of $500$550 (approx.) per week
Owners Corporation fees under $4,000 per annum
Total annual outgoings under $7,000 (approx.) per annum
Low holding costs to help maximise cash flow
Consistently strong tenant demand from professionals, executives and students
Walking distance to South Yarra Station, Chapel Street, Toorak Road, cafs, restaurants, shopping and the Yarra River
Property History for 12/77 River St, South Yarra, VIC 3141
- 22 Jul 2026Sold for $320,000
- 29 Jun 2026Listed for Sale $340,000
- 05 Jun 2025Listed for Rent $550 / week
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 26,626 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:
- The median value for Houses in South Yarra is $1,876,468 while the median value for Units is $594,082.
- Houses have a median rent of $905 while Units have a median rent of $625.
Suburb Insights for South Yarra 3141
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