501/47 Claremont St, South Yarra is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in South Yarra in the last 12 months.
Nestled within the rejuvenated Forrest Hill precinct, Prime Tower offers a distinctive blend of modern elegance and functional design across its fifteen-storey architectural landmark. This refined apartment presents a sophisticated living experience with its understated neutral palette, timber flooring, and crisp white stone surfaces.
Unit 501 comprises two generously proportioned carpeted bedrooms, each featuring framed built-in wardrobes for ample storage. The centrally positioned bathroom is thoughtfully designed with a spacious walk-in shower, sleek tapware, and a concealed Euro-style laundry for added convenience. The contemporary galley kitchen is equipped with integrated premium Smeg appliances-including oven, cooktop, and dishwasher-set against a unique metallic mosaic splashback that adds a subtle touch of character.
Bright and airy, the open-plan living and dining area benefits from split-system heating and cooling, seamlessly extending to a private balcony-ideal for casual entertaining or quiet relaxation. This apartment comes with a secure carpark, adding valuable convenience and peace of mind and also Storage.
Additional building highlights include secure intercom entry, dual lifts, and dedicated bicycle storage. Residents enjoy exclusive access to a beautifully landscaped rooftop terrace, complete with alfresco dining spaces and sweeping panoramic views, providing a perfect balance between tranquil retreat and urban vibrancy.
Positioned just moments from the lively offerings of Chapel Street and Toorak Road, as well as easy tram and train connections, this apartment offers a prime location with the CBD only a short commute away and the picturesque Yarra River at your doorstep.
This exceptional property suits first-home buyers, downsizers, or astute investors seeking a premium inner-city lifestyle with strong rental appeal.
Disclaimer: Some images may have been virtually staged for visual purposes. Buyers are encouraged to conduct their own due diligence and inspection to verify the property’s actual condition and features.
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 26,166 properties. Over the last 5 years, Houses in South Yarra have seen a -0.82% decrease in median value, while Units have seen a -1.39% decrease. As at 30 November 2025:
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