27A Palermo StreetSouth Yarra VIC 3141
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.
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.
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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.
Property History for 27a Palermo St, South Yarra, VIC 3141
- 17 Jun 2026Listed for Rent $1,500 / week
- 22 May 2025Listed for Rent $1,500 / week
- 31 Mar 2025Listed for Sale EOI: $2,350,000 - $2,600,000
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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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