507-511 Punt Road, South Yarra, VIC 3141 | Property Value & History | OnTheHouse
OFF MARKET

507-511 Punt Road
South Yarra VIC 3141

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 677m2
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Property Details for 507-511 Punt Rd, South Yarra

507-511 Punt Rd, South Yarra is a 4 bedroom, 2 bathroom House. The property has a land size of 677m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Land Size
677m2
Local Government
Melbourne
Lot/Plan
1/TP400461

Last Listing description (December 2025)

This exceptional site features a stunning Victorian home nestled along one of Melbourne's most iconic streets, just steps from Fawkner Park, Albert Park, and the vibrant cultural hub of Prahran Market.

With four spacious bedrooms, including a main suite with an ensuite bathroom, and an additional well-appointed bathroom, this residence offers both comfort and functionality.

A dedicated study, family room, and dining room enhance the living experience, while a wraparound verandah at the front provides a charming outdoor space. The good-sized backyard presents plenty of potential for outdoor living.

Though it's a fixer-upper, this property is brimming with possibilities for renovation into your dream home, all set in a priceless location.

The home's ornate architecture, grand proportions, and unique heritage details have only grown more impressive over time, creating an unforgettable backdrop for contemporary living.

As you step inside, the significance of this site becomes immediately evident, showcasing an era of architectural brilliance that is both profound and evocative. With soaring 3.6m ceilings, intricate detailing, and spaces designed for both formal and informal entertaining, this property provides an inspiring canvas for future transformations.

With various pathways for success guided by individual creative visions, any enhancements will honor heritage overlays while preserving the existing structure.

Situated in one of Melbourne's most desirable postcodes, this is a rare opportunity to leave your mark on the local landscape, celebrate its history, and secure a remarkable future.

Property History for 507-511 Punt Rd, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$2,810,000
26 Oct 2024
  • 26 Oct 2024
    Sold for $2,810,000
  • 01 Oct 2024
    Listed for Sale $2,000,000 - $2,200,000
  • 18 Oct 2022
    Transferred
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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 26,714 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 55 properties listed for sale, and 62 properties listed for rent in South yarra on OnTheHouse. According to Cotality's data, 1239 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.