27A Palermo Street, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
 
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27A Palermo Street
South Yarra VIC 3141

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Land area: 189m2
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Last updated 24 Aug 2026
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Property Details for 27a Palermo St, South Yarra

27a Palermo St, South Yarra is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 189m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
2000
Floor Size
150m2
Land Size
189m2
Local Government
Stonnington
Lot/Plan
2/PS517879

Last Listing description (August 2026)

Nestled in a serene pocket near South Yarras vibrant lifestyle attractions, this impeccably renovated, north-facing executive residence exudes contemporary European elegance, seamlessly blending luxury, quality, and design.

A sophisticated palette of pale timber floors, Lord White marble, linen drapes, and plush 100% wool Victoria carpets sets the tone for refined living. Natural light floods the generous sitting room, which overlooks a leafy forecourt and tranquil internal courtyard. The open-plan living and dining area, complemented by a gourmet Miele-appointed kitchen with dual ovens and striking waterfall marble benchtops, flows effortlessly through French doors to a stunning north-facing landscaped garden. Here, a Tundra marble-paved terrace provides the perfect setting for alfresco entertaining. A rear lane grants access to the double garage.

Upstairs, soaring vaulted ceilings enhance the sense of space in the luxurious main bedroom, complete with a sun-drenched balcony, designer marble ensuite, and built-in robe. Two additional double bedrooms with built-in robes share a stylish central bathroom with a separate toilet.

Positioned in a prestigious enclave near Toorak Road and Chapel Streets amenities, South Yarra Station, trams, Prahran Market, Como and Jam Factory Cinemas, top schools, and Surrey Park, this exceptional home offers every modern convenience. Features include an alarm system, video intercom, CCTV, high ceilings, reverse-cycle air conditioning, ducted vacuum, a marble powder room, a full-sized laundry, heated towel rails, an irrigation system, and ample storage.

A rare opportunity to secure a home of unparalleled elegance in one of Melbournes most coveted locations.

Disclaimer: All information provided in this advertisement is for general information
purposes only. Rabbitree will not be held liable for any errors or omissions. All
interested parties should carry out their own enquiries and inspections to verify the
information provided.

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Property History for 27a Palermo St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$2,520,000
05 Mar 2024
Listed for Rent
$1.50k/w
23 Jun 2026
  • 17 Jun 2026
    Listed for Rent $1,500 / week
  • 22 May 2025
    Listed for Rent $1,500 / week
  • 31 Mar 2025
    Listed for Sale EOI: $2,350,000 - $2,600,000
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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 26,705 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.
There are currently 57 properties listed for sale, and 63 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1230 properties were sold in the past 12 months in South yarra.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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