34c Palermo St, South Yarra is a 4 bedroom, 3 bathroom Unit and was built in 2011. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom Unit sold in South Yarra in the last 12 months.
Spectacular in scale, style and level of finish, this stunning 4-level architecturally designed residence's impressively versatile light-filled dimensions deliver sophisticated inner urban family luxury in a peaceful leafy pocket yet only metres to both Chapel Street and Toorak Road.
Bathed in northern light, lofty ceilings enhance the sense of space in the expansive open plan living and dining room featuring wide oak floors and a sublime gourmet kitchen appointed with marble benches and Miele appliances. Fully opening bi-fold doors connect the living space with a private bluestone paved courtyard, ideal for al fresco dining. Intelligently conceived family accommodation comprises two double bedrooms with robes and stylish en suites and a 4th bedroom or retreat, while on its own level above enjoying city views, the main bedroom features a lavish en suite with freestanding bath, an abundance of robes, a fitted home office area and large sundeck. On the basement level there is a powder-room, garage, storeroom and additional car-space.
In a coveted lifestyle precinct walking distance to cinemas, trams, Surrey Park, Prahran Market, South Yarra station and schools, it includes zoned RC/air-conditioning, laundry and ample storage.
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:
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