501/657 Chapel St, South Yarra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 2098m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Positioned for indulging in the verve and vibrancy of Melbourne's premier lifestyle hub, this exceedingly spacious residence delivers bright and refined easy living with impressive investment credentials. Its appeal augmented by heating/cooling, a European laundry, video intercom, and basement car space, a calm and considered interior offers proportions above and beyond the apartment norm; presenting an abundance of space to unwind, entertain, and work from home. A substantial living/dining area is flanked by a storage-rich kitchen and scenic balcony, while a broad bedroom is complemented by mirrored robes and a smart bathroom with shower over bath. A boutique retreat ideal for starters and downsizers chasing positional prestige and inner-suburban buzz, it's placed among Chapel Street's first-class coffee, eclectic shopping, celebrated cuisine, and animated nightlife, with lively Toorak Road, Como shops and cinemas, Prahran Market, picturesque river trails, South Yarra Station, and numerous trams just steps away.
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 26,705 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:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.