603/651 Chapel St, South Yarra is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 824m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
SUPERB INVESTMENT OPPORTUNITY
PRESENTING A SUPERB INVESTMENT OPPORTUNITY, THIS STYLISH ONE BEDROOM SERVICED APARTMENT WILL APPEAL TO THE ASTUTE INVESTOR, ENJOYING AN EVER POPULAR LOCATION, FOOTSTEPS TO SOUTH YARRA?S VIBRANT SCENE. ? OPEN PLAN LIVING AND DINING ? INTIMATE BALCONY WITH STREETSCAPE AND DISTRICT VIEWS ? DOUBLE BEDROOM WITH BUILT-IN WARDROBE, AIR CONDITIONING ? GENEROUS EN-SUITE BATHROOM WITH LAUNDRY FACILTIES ? CURRENTLY LEASED TO QUEST APARTMENTS ? AN IDEAL ENTRY INTO THE SOUGHT-AFTER INNER CITY MARKETPLACE ? MINUTES TO THE CBD ? STROLL TO FAMOUS CHAPEL ST SHOPS, CAF?S, RESTAURANTS, ENTERTAINMENT AND NIGHTLIFE
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:
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