South Yarra at a glance
28,534
People
No data
Median sale
$664/wk
Median rent
No data
Suburb gross yield
VIC › South Yarra › Chapel St
$449,000–$489,000
For sale
Asking range
1
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$449,000–$489,000
Asking range
No recorded sale for this property.
South Yarra at a glance
28,534
People
No data
Median sale
$664/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$26,865 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with South Yarra's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $664/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 7.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
South Yarra at a glance
28,534
People
No data
Median sale
$664/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Area Specialist RapidIts Addressed:
Experience premium inner-city living at 1306/661 Chapel Street, South Yarra, where contemporary design, exceptional resident amenities, and an unbeatable location combine to create the ultimate lifestyle opportunity.
Thoughtfully designed, this stylish unit features a spacious bedroom and a light-filled open-plan living, dining, and kitchen area. Floor-to-ceiling windows flood the expansive living space with natural light, enhancing the modern interiors and creating a welcoming atmosphere. The sleek kitchen is appointed with quality European appliances, stone benchtops, and ample storage, making it as practical as it is stylish.
Residents enjoy exclusive access to an impressive range of resort-style facilities, including a grand concierge lobby, library, residents' lounge with fireplace, entertainment spaces, a wellness zone with spa pool and sauna, private theatre, sports lounge, and a spectacular 25-metre cantilevered lap pool.
Perfectly positioned in the heart of South Yarra, you'll be just moments from Chapel Street's renowned cafés, restaurants, boutique shopping, and vibrant nightlife. With Woolworths, Village Cinemas, South Yarra Station, tram services, the Yarra River, and the Royal Botanic Gardens all within easy reach, every convenience is right at your doorstep. Leading educational institutions, including Melbourne High School, RMIT University, and the University of Melbourne, are also easily accessible.
Features of the Property:
• Spacious bedroom with built-in robe
• Contemporary bathroom with premium finishes
• Light-filled open-plan living, dining, and kitchen
• Floor-to-ceiling windows
• Modern kitchen with stone benchtops and quality European appliances
• Split-system heating and cooling
• European-style laundry
• Secure intercom and lift access
• Concierge service
• Grand residents' lobby
• Library and residents' lounge with fireplace
• Entertainment and communal spaces
• Wellness zone with spa pool and sauna
• Private theatre
• Sports lounge
• 25-metre cantilevered lap pool
Enjoy everyday convenience in this highly sought-after pocket, just minutes from:
• Walking distance to South Yarra Station and tram services
• Moments from Chapel Street cafés, restaurants, boutique shopping, and Village Cinemas
• Close to the Yarra River and Royal Botanic Gardens
• Easy access to Melbourne High School, RMIT University, and the University of Melbourne
Everything your family needs is right here: schools, parks, shops, and transport all within easy reach.
Whether you're a first-home buyer, downsizer, or astute investor, this is an outstanding opportunity to secure a stylish residence in one of Melbourne's most desirable lifestyle precincts.
Contact Your Area Specialists Today!
Danial Ajami 0422 122 009
Chattels: All fittings and fixtures as inspected
Deposit terms: 10% of the purchase price
Preferred Settlement: 30/60/90/120 days
PHOTO ID REQUIRED AT OPEN HOMES
Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.
Disclaimer: All stated dimensions in the content and photos are approximate only.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Danial Ajami, Area Specialist Rapid — reproduced as published, not verified by Districts.
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