304/651 Chapel St, South Yarra is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 824m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Generously proportioned and featuring a prized sunny balcony, this standout one bedroom apartment in the heart of trendy South Yarra on Chapel Street offers a unique opportunity to secure an oversized one bedroom in a hotspot locale. Totalling 53m2, the apartment comprises functional kitchen with superb open plan living, with a lovely private terrace to enjoy or entertain on. The bedroom is awash with natural light and takes advantage of a sort after northerly orientation, while also being serviced by a classy ensuite bathroom. Within walking distance to South Yarra Train station and trams running from your front door, there are options aplenty for short trips to the Melbourne sporting precinct with the MCG, Tennis Centre and AAMI park, the Alfred Hospital, Royal Botanic Gardens, Prahran Market and the Melbourne CBD. With this location, an ideal AIR BNB investment awaits.
Instructions received from interstate vendor is 'Present ALL Offers'
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 26,614 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:
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