39 Rockley Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

39 Rockley Road
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 987m2
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Property Details for 39 Rockley Rd, South Yarra

39 Rockley Rd, South Yarra is a 2 bedroom, 2 bathroom Unit and was built in 1970. The property has a land size of 987m2 and floor size of 104m2.

Building Type
Unit
Year Built
1970
Floor Size
104m2
Land Size
987m2
Local Government
Stonnington
Lot/Plan
1/RP3127

Last Listing description (May 2023)

POINT OF INTEREST:
Some investments are better positioned than others. This is one of them. Located in a quiet pocket of South Yarras popular postcode, this apartment complex houses 13 equally coveted residences on a 988 sqm* site. Generously proportioned individual apartments are approximately 100 sqm* plus in size, and each feature two bedrooms, two bathrooms, and large open-plan living. Residents further benefit from North facing balconies for lush summer nights, and clever reverse cycle heating and cooling for added comfort all year round. Well-maintained inside and out, the complex generates a combined income of $388,000.00 per annum* for investors of all intentions. And if that includes a repositioning of this asset through renovation, theres the option to completely transform it. A pivotal part of South Yarras prestigious appeal is the quality of life inextricably linked to living here. There is the Yarra Rivers main trail and Como Park within walking minutes for grounding nature walks. There is the closeness to Melbournes high-end retail along Toorak Road lead by the landmark Como Centre and Capital Grand, for wants and needs of all kinds. And then theres the bustling hospitality dotted along Chapel Street for a taste of Melbournes iconic culture. Heading into the CBD is going to take you 15 minutes in the car, or if youre heading elsewhere quickly, the Citylink is only 237 m* from here. Public transport, too, is a breeze; within your ten-minute walking radius youve got the 605 bus line, tram lines 58 and 78, and South Yarra station servicing the Cranbourne, Frankston, Pakenham and Sandringham lines.

- Available to acquire for the first time in over 40 years.
- Expansive 988 sqm* total site area.
- 13 spacious apartments of 100sqm*+ each.
- Individual titles for each apartment.
- Combined income of $388,000.00 p.a.*
- 13 onsite undercover car spaces.
- Attractively landscaped gardens in keeping with the leafy street environment.
- 170 m* from Alexandra Avenue.
- 320 m* from Chapel Street.
- 3.2 km* from Melbourne CBD.

* Projected Total (apartment 7 has been retained for display purposes)

POINT OF VIEW:
Panoramic serenity meets affluent eccentricity; no other suburb has got quite as much range as South Yarra (nor the undisputedly iconic baked goods from Tivoli Road Bakery). If you have an appetite for investments that go down a treat, this is it.

*Approx.
Pricing excludes GST

Property History for 39 Rockley Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Listed for Rent
$260/w
28 Dec 1996
  • 02 Nov 2022
    Listed for Sale Contact Agent
  • 28 Dec 1996
    Listed for Rent - Price not available
  • 13 Apr 1996
    Listed for Rent - Price not available
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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 26,612 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.
There are currently 55 properties listed for sale, and 60 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1222 properties were sold in the past 12 months in South yarra.

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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.