59 Park StreetSouth Yarra VIC 3141
Property Details for 59 Park St, South Yarra
59 Park St, South Yarra is a 4 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 327m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in South Yarra in the last 12 months.
Last Listing description (March 2026)
Park Street, where homes are tightly held, is defined by some of Melbournes finest Victorian architecture. This magnificent three-level residence in the heart of the Botanic Precinct delivers a masterful fusion of heritage beauty and contemporary luxury.
Beyond its ornate cast-iron lacework faade and framed by a rare, original Magnolia tree, the home reveals interiors of remarkable scale and refinement, yet with warmth and a welcoming aesthetic. Soaring ceilings of approximately four metres crown arched hallways, marble fireplaces and exquisitely hand-painted leadlight window. Enduring craftsmanship continues into the formal sitting and dining rooms, adding to the grandeur and offering more sophisticated options for large scale entertaining.
At its heart, the expansive open-plan living and dining domain is bathed in ambient light, flowing seamlessly to an alfresco terrace with world class views of the Melbourne city skyline - the setting is nothing short of breathtaking. The chefs kitchen is appointed to the highest standard, featuring marble and stainless-steel surfaces, an oversized island bench, a suite of black Miele appliances and a fully equipped butlers pantry, designed for effortless living.
Upstairs, the palatial main suite opens to a glorious treetop veranda and is complimented by a boutique-scale dressing room and double ensuite. A second bedroom with its own dressing room and private terrace enjoys similarly spectacular outlooks, accompanied by a luxurious bathroom. The versatile lower level offers two additional bedrooms, a fitted study or fifth bedroom, a separate bathroom, and a secondary bathroom with integrated laundry. On this level is also a private library-style living room with bespoke joinery and rolling ladder, and glass garage door revealing manicured surrounds. A secure two-car garage off the laneway, attic storage and heating and cooling complete a home where every creature comfort counts.
Moments from the Royal Botanic Gardens, Domain Road, the finest private schools and boutiques of Toorak Road, this is a residence of rare distinction in an enviable lifestyle setting.
Property History for 59 Park St, South Yarra, VIC 3141
- 24 Mar 2026Sold
- 25 Feb 2026Listed for Sale Expressions of Interest Closing 24 March 5pm
- 15 Sep 1997Sold for $895,000
Recent sales nearby
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0About 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 26,719 properties. Over the last 5 years, Houses in South Yarra have seen a -13.57% decrease in median value, while Units have seen a -5.36% decrease. As at 30 June 2026:
- The median value for Houses in South Yarra is $1,939,055 while the median value for Units is $595,455.
- Houses have a median rent of $925 while Units have a median rent of $625.
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