27 Palermo StreetSouth Yarra VIC 3141
Property Details for 27 Palermo St, South Yarra
27 Palermo St, South Yarra is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 201m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (August 2024)
Enjoying immediacy to a vast array of attractions and amenities, this exceedingly spacious residence promotes clever versatility and seamless entertaining among Melbourne's premier shopping and lifestyle precinct.
Surrounded by heritage homes in an esteemed and exclusive South Yarra street, a perfectly worked plan spans two superb storeys, with a considerable front lounge providing a tranquil space to unwind or repurpose for use as a professional's base. Replete with storage, an enthusiast's wraparound kitchen features premium appliances and high-grade granite surfaces, while extensive glass and a clever light court see passive light enliven a magnificent living/dining section. Met with effortless flow, a peaceful, north-facing backyard displays vibrant plant life, providing a sun-splashed retreat for afternoons in the company of friends.
Gifted depth and dimension by soaring, vaulted ceilings, a fluent second storey features a trio of generous bedrooms, together served by scenic northern and southern balconies, a lavish ensuite to luxe main bedroom, and stand-out central bathroom with bath, shower, and separate WC. Wonderfully bright and endlessly practical, additional highlights include heating and cooling, premium woollen carpets, hardwood floors, a ducted vacuum, downstairs powder room, full-size laundry, and double garage accessed via a wide laneway at rear.
Seconds from the world-class coffee, thriving restaurants, animated nightspots, and boutique retail synonymous with Chapel Street, it's mere steps from Como and Jam Factory cinemas, picturesque Como Park, and the meandering Yarra trail, with trains and trams ensuring quick access to various leading schools, the blissful Botanic Gardens, and bustling city centre.
Property History for 27 Palermo St, South Yarra, VIC 3141
- 11 May 2024Sold for $2,000,000
- 18 Apr 2024Listed for Sale Sold: $2,000,000
- 16 Jun 2020Listed for Rent $995 / 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 26,714 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
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