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VIC › South Melbourne › Moray St

U1, 177-181 Moray St, South Melbourne VIC 3205

For saleTownhouse

$1,359,000–$1,494,900

For sale

Asking range

2

Bedrooms

3

Bathrooms

2

Car spaces

350 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,359,000–$1,494,900 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,359,000–$1,494,900(Listing record · 30 Oct 2024)
  • CalculationIf it leased at South Melbourne's advertised median rent ($626/wk), implied gross yield would be 2.40% — 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

$1,359,000–$1,494,900

Asking range · $3,883/m² of land

No recorded sale for this property.

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Total cost to purchase

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

Purchase Price
$1,359,000
Stamp Duty (Victoria)
$74,745
Transfer/Registration Fee
$3,284
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
$1,440,729

$81,729 on top of the price (6.0% 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 Melbourne's advertised median rent — not a rent for this listing.

Net yield
0.90%
Annual cashflow (pre-tax)
$-58,501
Interest cover (DSCR)
0.17
Annual rent
$32,552
Operating expenses
$20,385
Loan amount
$1,087,200
Annual interest
$70,668
Gross yield
2.40%

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$1,359,000–$1,494,900available30 Oct 2024

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 $626/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 2.4%. 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 Melbourne in one glance

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Keep researching

  • Why South Melbourne? Read the area thesis →
  • What else is on the market in South Melbourne →
  • Other records on Moray St →

Listing material

Listed by Buy My Place

NEWLY PAINTED, CARPETED AND FULLY FURNISHED, NOTHING ELSE TO DO - MOVE IN READY.

Phone Enquiry ID: 229780

Price includes furniture and white goods including fridge, washing machine, dryer and dual draw Fisher & Paykel dishwasher. Full chattels list provided on request.

This is a rare chance for astute buyers to secure a fantastic property with a highly cooperative seller flexible on price, settlement terms and deposit conditions for a buyer who can act quickly.

Read the full description

IF YOU WANT TO SECURE THIS PROPERTY NOW IS THE TIME TO SUBMIT YOUR OFFER.

Showcasing a full interior refresh, the property features fresh contemporary paint and brand new carpets throughout, creating a bright, welcoming space with nothing left to do.

With dual-use flexibility, this unique property allows buyers to:

- Live comfortably

- Run a business from home

- Lease commercially or residentially

- Explore investment versatility

Opportunities combining lifestyle and business potential like this are increasingly sought after.

This well-positioned property offers the convenience of street frontage combined with secure rear parking, providing both accessibility and privacy. Situated in a highly sought-after location, the property delivers easy, low-maintenance living with no lifts or shared common areas — offering a refreshing alternative to high-density apartment living.

Enjoy the comfort of private, ground-level access and peaceful surroundings while still being conveniently close to local amenities.

Designed for effortless low maintenance living, making it ideal for downsizers, professionals, or anyone wanting to avoid high-density apartment living. This low maintenance property with attractive street frontage and large versatile ground floor room and bathroom which suits a variety of uses.

Superbly located close to CBD/Albert Park/South Melbourne Markets and the Clarendon Street retail precinct this modern light-filled property is ideal for both residential and commercial buyers.

Quality finishes, abundant natural light and a leafy street plus a uniquely flexible floor plan with two private balconies. L1 offers leafy street view while north facing L2 offers stunning city views day and night ensuring a fabulous work/life balance. Great property, great value and absolute convenience.

-NO EXORBITANT STRATA FEES: as self managed so ONLY $1790 PER YEAR.

-VERSATILE USE: Residential, Entertaining, Gym, Retail or Office.

-LIFESTYLE: Close to South Melbourne markets, Albert park & City.

-TWO PRIVATE BALCONIES: Level 1 for street views & level 2 north side for city.

-TWO CAR SECURE GARAGE: With dual street access & internal entry.

-THREE PHASE POWER: For high-speed EV charging.

-SECURE: Security system with remote entry control & video monitoring.

-SMART LIGHTING: Voice controlled LED lighting.

-WIRED NETWORK: All rooms wired for network connections.

Video tour:

https://youtu.be/kDApKry4KXw

(If links not clickable copy n paste link into your browser)

Checklist:

https://www.consumer.vic.gov.au/library/publications/housing-and-accommodation/buying-and-selling-property/due-diligence-checklist.doc

Listing description written by buyMyplace, Buy My Place — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Intercom
  • Remote Garage
  • Secure Parking
  • Study
  • Workshop

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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.