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VIC › South Yarra › Wilson St

Penthouse8/47 Wilson St, South Yarra VIC 3141

For saleTownhouse

$1,650,000–$1,800,000

For sale

Asking range

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,650,000–$1,800,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,650,000–$1,800,000(Listing record · 17 Aug 2026)
  • CalculationIf it leased at South Yarra's advertised median rent ($664/wk), implied gross yield would be 2.09% — this is not a rent for this listing.(Districts scenario calculation)

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

$1,650,000–$1,800,000

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

See the full South Yarra report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,650,000
Stamp Duty (Victoria)
$90,750
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,748,064

$98,064 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

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.

Net yield
0.59%
Annual cashflow (pre-tax)
$-76,022
Interest cover (DSCR)
0.11
Annual rent
$34,528
Operating expenses
$24,750
Loan amount
$1,320,000
Annual interest
$85,800
Gross yield
2.09%

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.

Open the full yield calculator →

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. Listed$1,650,000–$1,800,000available17 Aug 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

Gross yield if leased at the suburb aggregate is 2.1%. 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

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 Wilson St →

Listing material

Listed by HEAVYSIDE

Penthouse, Space, Light and Size | Show-Stopping Terrace and Unique and Private Rooftop Pool

THE PROPERTY

Set within a boutique building (built 2004) in a tightly held pocket of South Yarra, this substantial double-level town-residence style property offers something rarely found: the scale, separation and warmth of a family home. Anchored by a stacked stone fireplace, three distinct living zones and a private rooftop terrace crowned by its own swimming pool. It is a home for those who want room to spread out and entertain, all while set in a pocket where village shopping strips, parkland and rail connections sit within a comfortable walk and the city remains close at hand.

Extending across a single floor, the layout has been zoned with real intent. The two bedroom suites are placed at opposing ends of the plan. The living, dining and family areas gather through the centre, with service spaces; study, laundry, walk-in linen and powder room.

Read the full description

The central living room is the anchor of the home. A full-height wall of stacked stone rises across its width, the fireplace set into it beneath a timber mantel and a long, low hearth ledge, with glazed timber display cabinetry built in alongside. Sliding doors either side of the chimney open to a north-facing balcony, while floor-to-ceiling glazing, veiled in sheer curtains, draws soft northern light across polished timber floors.

Positioned centrally, the kitchen wraps around a long island with an inset sink and casual seating along one side. High-gloss white cabinetry is paired with an olive glass splashback, gas cooktop beneath a stainless steel canopy rangehood, wall oven, microwave, dishwasher, a second sink to the rear bench, dedicated fridge recess and floor-to-ceiling cabinetry for provisions. A walk-in linen store and a fully fitted laundry sit immediately behind, keeping the working end of the home neatly out of sight.

Both bedrooms have been conceived as complete suites rather than simply rooms. The main is entered and supported by twin walk-in robes which lead through to an ensuite of exceptional proportion. Fully tiled and filled with light, it is appointed with two wall-hung basins on a timber vanity, a large walk-in shower, a separate bath and a private WC.

The second suite enjoys the same sense of privacy, with a fitted walk-in robe and a fully tiled ensuite of its own. Both bedrooms are carpeted underfoot, softly lit by wall-mounted lights and dressed with sheer curtains layered beneath full-length drapes across near floor-to-ceiling windows.

A dedicated study is built into the plan beside the living zone, complete with a joinery desk and full-height shelving; a proper work-from-home space. A powder room serves visitors close to the entry, while a long under-stair storeroom delivers the kind of storage apartments almost never provide.

It is the outdoor offering, though, that truly sets this residence apart. Beyond the north-facing balcony, a private, polished wood internal staircase rises to a rooftop terrace of substantial size with a further flight of steps leading up to an elevated swimming pool reserved exclusively for this residence. External areas deliver an entertaining and retreat space more usually associated with a freestanding home than an apartment, and a compelling proposition through the warmer months.

This residence perfectly balances scale, privacy, comfort and position in a way few homes in the area can match. For downsizers unwilling to compromise on space, professionals seeking a lock-and-leave base, or anyone drawn to the rare idea of a rooftop pool in the heart of South Yarra.

THE FEATURES

● Substantial single-level with private rooftop terrace and pool

● Three distinct living zones; central living with two raised zones stepping up at either end

● Stacked stone fireplace wall with timber mantel and built-in glazed timber display cabinetry

● North-facing balcony accessed by sliding doors either side of the fireplace

● Central kitchen with long island and inset sink, olive glass splashback, gas cooktop, canopy rangehood, wall oven, microwave, dishwasher and dedicated fridge recess

● Two carpeted bedroom suites at opposing ends of the plan, each with walk-in robe and private ensuite

● Main suite with twin walk-in robes and oversized ensuite; twin wall-hung basins, separate bath, walk-in shower with rain head

● Built-in study with joinery desk and full-height shelving, plus powder room, walk-in linen store and separate laundry

● Extensive under-stair storeroom

THE LOCATION

Tucked into the quiet residential streets of South Yarra, the residence sits at the centre of one of Melbourne's most walkable inner-southern precincts. With Como Park, Fawkner Park and the Royal Botanic Gardens all within easy reach for weekend walking and running. Everyday needs are covered by the supermarkets and specialty shops along Toorak Road, while the Chapel Street precinct, the Hawksburn shopping strip on Malvern Road and Prahran Market supply the cafés, restaurants, boutiques and fresh produce the area is celebrated for.

Hawksburn Station is the closest for the city commute, with South Yarra Station and its broader network of services also nearby. Trams run along Toorak Road, Chapel Street and Malvern Road, with the CBD, Monash Freeway and Melbourne's sporting and cultural precincts all readily accessible.

Zoning falls to Toorak Primary School, with Prahran High School and Melbourne Girls College for secondary years, and a strong selection of leading private schools in the surrounding suburbs.

THE PARTICULARS

Based on the latest fee statements, the current quarterly charges are:

OC1: $1,492.35 per quarter

OC2: $1,605.70 per quarter

Total OC fees: $3,098.05 per quarter

The current council rates are $2,489.85 per annum.

Please note that the above figures are based on the latest available amounts and may be subject to change in accordance with the relevant Owners Corporation and council assessments.

THE TERMS: 30|45|60 Days

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Pool
  • Study

Also look at

Also for sale in South Yarra

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  • U206, 24 Wilson St, South Yarra VIC 3141

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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.