3 Penny LaneSouth Yarra VIC 3141
Property Details for 3 Penny Lane, South Yarra
Last Listing description (October 2022)
Morley is pleased to offer this rare converted warehouse situated metres from Toorak Road / Chapel Street's retail & hospitality precinct.
Area: 355sqm approx
Includes high ceilings, roller door access and significant industrial charm
Large outdoor terrace with views over South Yarra
Ground floor warehouse which could be used as car parking or converted to additional office space
Close proximity to South Yarra Train Station
Tony Sun 0432 022 868
Property History for 3 Penny Lane, South Yarra, VIC 3141
- 10 May 2022Listed for Rent - Price not available
- 26 Oct 2017Sold for $3,740,000
- 21 Sep 2017Listed for Sale Not Disclosed
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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 26,708 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.
Suburb Insights for South Yarra 3141
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