2/38 Alexandra StreetSouth Yarra VIC 3141
Property Details for 2/38 Alexandra St, South Yarra
2/38 Alexandra St, South Yarra is a 4 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 4 bedroom House sold in South Yarra in the last 12 months.
Last Listing description (May 2026)
WHAT
A rare South Yarra offering, 1 & 2/38 Alexandra Street presents two near-identical Art Deco-style apartments on one surprisingly generous block. Each apartment offers two bedrooms, one bathroom, open-plan living and dining, plus its own private courtyard, creating a flexible opportunity for investors, extended families or future value-add potential.
Open-plan living with fireplace and air conditioning
Large bedrooms with front and rear garden outlooks
WHY
Well suited to investors, multi-generational buyers or those seeking a prized South Yarra landholding, each apartment delivers generous proportions and timeless character. The kitchen and dining zones are spacious, featuring wood-look flooring, a large pantry, four-burner gas stove and wall oven, while secure front fencing and split rear courtyards provide privacy for each residence.
Spacious kitchen/dining with pantry, gas cooking & wall oven
Open fireplace and air conditioning in living area
Secure fencing, private courtyards and off-street appeal
WHERE
Positioned in a blue-chip lifestyle pocket, this address places Prahran Market, Chapel Street, Toorak Road cafes and The Como Centre all within easy reach. Zoned to South Yarra Primary School and Prahran High School, it is also close to South Yarra Station, Fawkner Park and some of Melbournes best shopping, dining and transport connections.
Zoned to South Yarra Primary School & Prahran High School
Close to Prahran Market, Chapel Street & Toorak Road
Near South Yarra Station, The Como Centre & Fawkner Park
Property History for 2/38 Alexandra St, South Yarra, VIC 3141
- 30 May 2026Sold for $1,700,000
- 08 May 2026Listed for Sale $1,400,000 - $1,540,000
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 26,706 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:
- The median value for Houses in South Yarra is $1,939,055 while the median value for Units is $595,455.
- Houses have a median rent of $925 while Units have a median rent of $625.
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