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VIC › South Yarra › Alexandra Ave

Penthouse 139B Alexandra Ave, South Yarra VIC 3141

For saleApartment

For sale

For sale

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 12 Mar 2026)

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

The ask against the evidence

Asking

No recorded sale price for this property yet.

South Yarra at a glance

28,534

People

No data

Median sale

$664/wk

Median rent

No data

Suburb gross yield

See the full South Yarra report →

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. Listedprice unknownavailable12 Mar 2026

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 $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.

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

South Yarra in one glance

South Yarra at a glance

28,534

People

No data

Median sale

$664/wk

Median rent

No data

Suburb gross yield

See the full South Yarra report →

Keep researching

  • Why South Yarra? Read the area thesis →
  • What else is on the market in South Yarra →
  • Other records on Alexandra Ave →

Listing material

Listed by RT Edgar

Como Terraces – Spectacular North Facing Penthouse Residence

State of the art penthouse offering three large north-facing bedrooms, two bathrooms and sunbathed living areas capturing uninterrupted vistas across the Yarra River treetops. Encompassing approximately 384m², the residence combines expansive indoor and outdoor living with a landscaped garden terrace, sophisticated Carr Architects design, beautiful natural stone finishes throughout, a travertine V-Zug kitchen with butler’s pantry, 3m ceilings, direct lift access, two-car basement parking and three large storage cages.

Expertly designed by Carr Architects and built to the highest standards, this impeccable penthouse residence has been carefully crafted to provide an inner urban sanctuary of perfect privacy, uncompromising comfort and easy, lock-up and leave convenience in one of Melbourne’s most exclusive locations. Expansive open plan living and dining areas with a gas feature fireplace and built-in bar make the most of the northern aspect with surrounding floor-to-ceiling double glazing capturing abundant natural light and leafy open air views before sliding glass doors unfold to the landscaped terrace, a garden oasis featuring multiple entertaining zones and a commercial-grade café awnings. A beautiful travertine kitchen adds timeless elegance to these spaces with its timber joinery, integrated Liebherr fridge/freezer, V-Zug appliances (steam and pyrolytic wall ovens, gas hotplate, dishwasher and butler’s pantry. In their own wing, three bedrooms are linked together by a skylit hall, including two with built-in robes and garden outlooks served by a central bathroom, the lavish main bedroom suite featuring extensive walk-through/built-in robes, double ensuite with freestanding designer bath and terrace access.

Further highlights include separately zoned open study/home office, full laundry with storage, travertine bathrooms, multi zoned ducted heating/air conditioning, auto blinds and exterior awnings, 3 metre ceilings throughout, Oak timber floors, double glazing, auto garden irrigation, direct lift access, intercom entry, Alexander Avenue building entry with visitor parking and concierge assistance, residents’ amenities include fully equipped gym, dining room, open garden spaces and daytime concierge, secure side by side basement parking for two cars, generous visitor parking, and three large storage cages.

Read the full description

Surrounded by premium homes on Melbourne’s most renowned riverside boulevard, just footsteps from the Yarra River, iconic Como Park and Royal South Yarra Tennis Club, famous Chapel Street and Toorak Road's finest boutiques and eateries. Walk to trams, trains and riverside walk and cycle paths to the Royal Botanic Gardens, Tan running track, Shrine of Remembrance, NGV, Arts, Sports and Entertainment precincts, the MCG and CBD. Enjoy exceptional convenience to prestigious private schools and the Monash Freeway/Citylink for a quick commute to the CBD, Melbourne Airport or Mornington Peninsula.

Listing description written by Mark Wridgway, RT Edgar — reproduced as published, not verified by Districts.

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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.