505/657 Chapel Street, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

505/657 Chapel Street
South Yarra VIC 3141

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 505/657 Chapel St, South Yarra

505/657 Chapel St, South Yarra is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1994
Local Government
Stonnington
Lot/Plan
7S/PS328655

Last Listing description (April 2023)

Inspect by private appointment - Spacious three-bedroom apartment in South Yarra heartland

Situated in this landmark building, this three bedroom corner apartment combines space, light and views in the heart of South Yarra's vibrant retail and caf precinct, while being only moments to the Yarra River walking trails.

This oversized apartment, with balconies and an expansive terrace, has a versatile floorplan which delivers light-filled living and dining with bay window and views over South Yarra.

Off the living zone, the central kitchen has stone benchtops, stainless steel appliances and French doors to a Juliet balcony overlooking Chapel Street, while the corner balcony provides long views of the street and urban landscape.

The first bedroom, with a fitted walk-in robe and stone ensuite, is accompanied by two more bedrooms, which are served by a central bathroom. The larger of these, set at the rear of the apartment, includes a wall of storage and opens through glazed doors to a generous, airy terrace with rooftop vistas.

Newly painted, it includes new bedroom carpets, heating, cooling, powder room, Euro laundry, security entrance, 2 car parks and storage cage.

Offering an enviable inner city lifestyle, this apartment's broad appeal is likely to range from busy professionals to small families or anyone wanting to take advantage of this prime position, just steps to 670 Chapel, cafes, boutiques, the Como Centre, Toorak Rd and Chapel St trams, South Yarra station and the Yarra River parklands.

Melbourne Boys' High School is around the corner, while many of Melbourne's most desirable private schools are a short commute away.

Property History for 505/657 Chapel St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$950,000
28 Mar 2023
  • 28 Mar 2023
    Sold - Price Undisclosed
  • 07 Feb 2023
    Listed for Sale UNDER OFFER
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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 26,713 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:

  • The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
  • Houses have a median rent of $910 while Units have a median rent of $630.
There are currently 62 properties listed for sale, and 60 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1243 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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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.