305/60 Garden StreetSouth Yarra VIC 3141
Property Details for 305/60 Garden St, South Yarra
305/60 Garden St, South Yarra is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Unit sold in South Yarra in the last 12 months.
Last Listing description (July 2026)
Secure a high-performing investment in one of Melbourne’s most sought-after inner-city locations. Positioned within a purpose-built student accommodation complex, this fully furnished apartment offers a hassle-free addition to any investment portfolio with a strong rental return and a long-term lease already in place.
Currently leased at $370 per week ($1,608 per month) until 19 January 2027, the property provides immediate income and peace of mind for investors seeking a set-and-forget asset.
Property Features:
Rental income of $370 per week
Fully furnished student accommodation apartment
Open-plan living, study and sleeping zone
Functional kitchenette with ample storage
Private bathroom
Split-system heating and cooling
Secure building with resident facilities
Low-maintenance investment opportunity
Prime South Yarra Location
Situated in the vibrant heart of South Yarra, residents enjoy easy access to:
Chapel Street shopping, dining and entertainment precinct
South Yarra Train Station
Trams and public transport options
Royal Botanic Gardens and Fawkner Park
Melbourne CBD, universities and major education providers
Purpose-built student accommodation continues to benefit from strong demand due to its affordability, convenience and proximity to Melbourne’s leading educational institutions.
Whether you are an experienced investor or looking to enter the student accommodation market, this property presents an excellent opportunity to secure a well-located asset with an established rental stream.
Property History for 305/60 Garden St, South Yarra, VIC 3141
- 06 Jul 2026Sold for $125,000
- 04 Jun 2026Listed for Sale UNDER OFFER
- 23 Feb 2025Listed for Rent $340 / week
Recent sales nearby
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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 26,627 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:
- The median value for Houses in South Yarra is $1,876,468 while the median value for Units is $594,082.
- Houses have a median rent of $905 while Units have a median rent of $625.
Suburb Insights for South Yarra 3141
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