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VIC › Heidelberg › Yarra St

56 Yarra St, Heidelberg VIC 3084

Apartment

$2,155,000

Last sold

13 Nov 2025

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,155,000 (13 Nov 2025).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,155,000

13 Nov 2025 · derived via latest_sale

Heidelberg at a glance

7,993

People

$1,435,000

Median sale

$555/wk

Median rent

2.01%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Heidelberg report →

Vs Heidelberg

+50.2%

Median sale

Suburb $1,435,000

-0.67 pp

Gross yield

Suburb 2.01%

Suburb median $1,435,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$2,155,00013 Nov 2025
  2. Listedprice unknowncompleted2 Oct 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $555/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Heidelberg in one glance

Heidelberg at a glance

7,993

People

$1,435,000

Median sale

$555/wk

Median rent

2.01%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Heidelberg report →

Keep researching

  • Why Heidelberg? Read the area thesis →
  • What else is on the market in Heidelberg →
  • Other records on Yarra St →

Listing material

Listed by Jellis Craig Ivanhoe

Yarra Rise Luxury Penthouse

Building Complete – Penthouse Open for Inspection

Jellis Craig. Showcasing sophisticated contemporary design curated in harmony with the natural parklands of Heidelberg, this spectacular penthouse apartment spanning 261sqm across the top floor of boutique ‘Yarra Rise’ is a serene sanctuary constructed with distinction, conveniently located just footsteps to vibrant Burgundy Street shopping and dining.

Conceived with a focus on light filled spaces enhanced by seamless outdoor connection through vast expanses of glazing framing elevated vistas, the exquisite interior unfolds in an elegant palette of quality finishes inspired by nature. With herringbone Oak floors underfoot, a handsome library office reveals open concept living, dining and the gourmet kitchen poised for culinary enjoyment equipped with a collection of Miele appliances, slabs of marble and timber veneer joinery, all anchored by a substantial island breakfast bench servery. An inspiring setting for alfresco occasions and entertaining, the expansive terrace with Vergola and preferred north orientation draws a breathtaking 180 degree panorama across the district. Accommodation linked by a wrap-around terrace comprises two robed bedrooms serviced by the sumptuous bathroom featuring a double vanity and freestanding spa, accompanied by the grand primary suite complete with fitted dressing room and a chic matching ensuite. Further complements include a full size laundry, year round comfort and efficiency with ducted heating/cooling, double glazing and concrete super structure form, secure basement carparking for two vehicles, lock up storage room and intercom access lobby with lift.

Read the full description

‘Yarra Rise’ is a bespoke development of only eight residences positioned for a coveted lifestyle of endless outdoor leisure, recreation and convenience. Walk to tranquil trails and picnic spots, sporting reserves, large chain and fine food grocers, cafes, restaurants and boutiques. This future proof locale is underpinned by exceptional access to infrastructure, situated 400m to Heidelberg Train Station/bus routes and the Austin Hospital major medical district. Surrounded by sought after education options from kindergartens to primary schools to grammar schools to LaTrobe University, and easy arterial access including the North-East Link under construction supporting capital growth prospects.

Listing description written by Kieran Whaley, Jellis Craig Ivanhoe — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.