16/2 Shipley St, South Yarra is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1980. The property has a land size of 3097m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Townhouse sold in South Yarra in the last 12 months.
Contemporary elegance defines this superb north facing terrace-style townhouse situated in the Shipley Terrace complex in the heart of South Yarra. It presents an outstanding opportunity to embrace a chic and vibrant lifestyle without compromising on style or quality. An ideal choice for retirees, young professionals, or small families, this home offers a convenient, low-maintenance lifestyle in an exclusive locale with a myriad of walk-to dining, shopping, and recreation options, delivering unrivalled walk-ability.
A canopy of plane trees along Shipley Street forms a leafy backdrop to this instantly appealing residence. The home is introduced by a hedge-lined sandstone courtyard, providing the perfect setting to enjoy a morning coffee or evening drink. Inside, the north-facing sitting and dining room is flooded with winter sunshine and natural light. This space flows through to a stylish kitchen equipped with quality Bosch and Westinghouse appliances, a concealed laundry, and an informal dining area, all opening through tall French doors to a rear courtyard with access gate.
Upstairs, the elegance continues with two generous bedrooms, both featuring ample built-in robes. The main bedroom includes an ensuite and front balcony, while a second family bathroom with a separate toilet services the home. Residents can enjoy the quiet recreation areas surrounding the heated pool and the northsouth tennis court. Additional features include video intercom entry with gate release, reverse-cycle air conditioning in the bedrooms, a cosy gas log fireplace and electric wall heater downstairs, plus remote gate access to basement garaging for two cars and a large storage cage.
This superb home is perfectly positioned just minutes walk from everything cosmopolitan South Yarra has to offer, including the fashion outlets, cafs, restaurants, and entertainment options of Toorak Road, Domain Road, and Chapel Street. Enjoy easy access to the Royal Botanic Gardens, Australias premier sporting arenas, the Arts precinct, and convenient transport options to the CBD, including South Yarra Station and Toorak Road trams. Yarra walking and cycling tracks, nearby parklands, sought-after private schools, and the Prahran Market further underpin the exceptional lifestyle on offer.
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 26,703 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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