3/42 Nicholson Street, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

3/42 Nicholson Street
South Yarra VIC 3141

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 458m2
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Last updated 17 Aug 2026
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Property Details for 3/42 Nicholson St, South Yarra

3/42 Nicholson St, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 458m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1970
Floor Size
50m2
Land Size
458m2
Local Government
Stonnington
Lot/Plan
3/PS321919

Last Listing description (December 2023)

Enviably placed in a brilliant South Yarra pocket where Fawkner Park and Prahran Market are just moments away by foot, this 1 bedroom apartment is the perfect entry-level opportunity for inner-city lovers.

In a low-rise boutique building
Ready to be embraced by both first-time buyers and clever investors

Living and dining zone offers all the space you could need
Private and sizeable kitchen will be welcomed by those who love to cook
Generous bedroom offers storage and access out to a north-facing balcony
Tasteful ensuite bathroom promises a bath/shower combo and laundry facilities
Car space on the title

LOCATION
This magical South Yarra location also has you so close to the iconic Chapel Street with amazing restaurants, bars, cafes, and boutique shops, Toorak Road shops, Royal Botanic Gardens, Albert Park Lake, sensational bayside beaches, St Kila attractions, South Yarra Primary School, buses, trams, and Prahran Station.

All information including the internal and external property area (floor size, address, and general property description) on the website has been provided to Lucas Real Estate by third parties.
Information contained on the Website should not be relied upon and homebuyers are encouraged to undertake due diligence before a property purchase.

Please contact Cary Thornton on 0437 204 556 or Brooke Busuttil on 0413 590 202 to discuss this property further.

Property History for 3/42 Nicholson St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$390,000
16 Nov 2023
Listed for Rent
$330/w
21 Nov 2019
  • 16 Nov 2023
    Sold for $390,000
  • 16 Oct 2023
    Listed for Sale $365,000 - $400,000
  • 12 Nov 2019
    Listed for Rent $330 / week
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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 26,709 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 59 properties listed for sale, and 58 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1233 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Cotality Copyright and Legal Disclaimers about Property Data
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.