Property Details for 497 Malvern Rd, South Yarra
Last Listing description (October 2017)
This is an exceptional opportunity to secure a high exposure location in a prestige area of Malvern Rd. With high impact street frontage, this versatile retail area of 112m2 could serve as a medical suite, professional rooms, retail, health and beauty salon or corporate office.
With rear access and secure parking, this location offers endless dining and shopping options, as well as highly accessible modes of public transport, including trains and trams and access to major arterials.
Available Now. For an immediate inspection call our office on 9670 4888.
Property History for 497 Malvern Rd, South Yarra, VIC 3141
Recent sales nearby
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of 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 26,167 properties. Over the last 5 years, Houses in South Yarra have seen a -5.10% decrease in median value, while Units have seen a -2.89% decrease. As at 31 January 2026:
- The median value for Houses in South Yarra is $1,983,885 while the median value for Units is $596,047.
- Houses have a median rent of $700 while Units have a median rent of $620.
Suburb Insights for South Yarra 3141
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