804/1A Yarra StreetSouth Yarra VIC 3141
Property Details for 804/1a Yarra St, South Yarra
804/1a Yarra St, South Yarra is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 307m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (March 2025)
Boasting an impressive gross rental income $22,620 per year from the Oak Serviced apartment locked in until 1st of July 2025 means this brilliantly located apartment is a set and forget investment. Vacant possession available after 3 months notice.
If peace of mind doesn't stop at the remarkable yield you can be comforted by the professional and efficient operation of the Oak's Hotel running the room and the building on a daily basis.
The position puts you next to South Yarra station which is a pre-requisite for all investors and residents alike. Chapel Street Shops and restaurants are not far away with the added bonus of being in walking distance to the Botanic Gardens and Fawkner Park.
With Westerly views towards the city and South Yarra both you and your guests will be blown away. The room is complete with Miele appliances in the kitchen and modern finishes throughout. The apartment comes with the current furniture which is an asset for commanding a high rent.
Property History for 804/1a Yarra St, South Yarra, VIC 3141
- 25 Nov 2023Sold for $300,000
- 16 Aug 2023Listed for Sale $290,000-$319,000
- 18 Apr 2011Sold for $445,000
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of 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 26,163 properties. Over the last 5 years, Houses in South Yarra have seen a -0.82% decrease in median value, while Units have seen a -1.39% decrease. As at 30 November 2025:
- The median value for Houses in South Yarra is $1,974,826 while the median value for Units is $604,687.
- Houses have a median rent of $695 while Units have a median rent of $600.
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