502/649 Chapel St, South Yarra is a 2 bedroom, 2 bathroom Apartment. The property has a floor size of 89m2. 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.
Located in one of Melbourne's most vibrant and iconic precincts, this spacious and stylish two-bedroom, two-bathroom apartment offers a sophisticated lifestyle in the heart of South Yarra.
Beyond a secure entry, a formal entrance hall welcomes you into the home, complete with a cleverly integrated study nook.
The open-plan living and dining area is bathed in natural light, flowing seamlessly onto a private balcony through floor-to-ceiling sliding doors. A sleek, stone-topped kitchen comes equipped with stainless steel appliances and ample storage, designed to blend form and function.
Additional features include:
- European laundry
- Split-system heating and cooling
- Secure video intercom entry
Step outside to enjoy South Yarra's best lifestyle attractions-iconic Chapel Street shopping, acclaimed cafes and restaurants, Yarra River trails, Como Park, and convenient public transport.
An ideal choice for first home buyers, professionals, or savvy investors seeking premium inner-city living.
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 26,717 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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