12 Stables Lane, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 1066m2 and floor size of 53m2. 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.
Good things come in small packages, and this one-bedroom South Yarra gem truly delivers. Originally part of a historically significant 19th-century stable, this secluded retreat offers rare and contemporary architecture with heritage features to create a charming and cosy residence for owner occupiers, city bolt-hole seekers, investors, or Airbnb hosts! The very cheap OC fees of only $1,080.60 pa. (approx.) make this a sustainbale long term investment.
Walk down the inconspicuous Stables Lane and enter a home where historical importance is not the only impressive characteristic on offer. To say that you will be amazed with the well-thought-out architectural configuration of a seemingly modest property is an understatement.
Initially, you are met with the wrap-around courtyard, turfed with artificial grass, and adorned with a leafy backdrop; an asset that presents the opportunity for sunbaking in the afternoon or space for a furry friend. Step through the glass double-doors and prepare to be greeted by spectacular high ceilings that fill the bedroom and open kitchen/living area, exuding an airy and calm atmosphere. But the showstopper isn't found in any one, single feature of this property. It's found in the functionality and convenience that continually exceeds expectations. For instance; the European laundry cupboard, the North-facing bedroom window, the built-in-robe, the ducted heating and cooling and the sleek, modern bathroom, and the kitchen equipped with Miele appliances and stone countertops. Could you ask for much more?
Located just steps from Chapel Street, you can enjoy iconic cafes, bars, clubs, and shopping. Trams and trains to the CBD are only minutes away, and nearby Surrey Park is a pleasant surprise. Look no further for your secret inner-city oasis, a perfect paradox where you can escape from Melbourne's vibrant hustle and bustle while keeping it temptingly within reach.
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 26,718 properties. Over the last 5 years, Houses in South Yarra have seen a -13.57% decrease in median value, while Units have seen a -5.36% decrease. As at 30 June 2026:
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