South Yarra at a glance
28,534
People
No data
Median sale
$664/wk
Median rent
No data
Suburb gross yield
VIC › South Yarra › Almeida Cres
$789,000
For sale
Asking
2
Bedrooms
2
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
$789,000
Asking
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
$48,061 on top of the price (6.1% 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.
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 4.4%. 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
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 Amity Property Group MelbourneIf you would like to inspect this property, please contact Tina Chauhan on 0481 048 011 to book a private inspection.
Perfectly positioned in the heart of South Yarra’s exclusive Forrest Hill enclave, Apartment 602 at 1 Almeida Crescent offers a sophisticated inner-city retreat, combining thoughtful design, high-end finishes, and an unbeatable location.
This light-filled 2-bedroom, 2-bathroom residence is ideal for professionals, downsizers, or astute investors seeking a seamless blend of form and function in one of Melbourne’s most vibrant lifestyle hubs.
★ Designer Interiors with Timeless Appeal
Step into a home defined by minimalist luxury and meticulous attention to detail:
- Timber flooring flows throughout the open-plan living and dining areas, while plush carpet in both bedrooms creates warmth and comfort.
- Square-set ceilings and Natural White painted finishes enhance the modern, airy ambiance.
- High-end two-pack cabinetry features throughout the kitchen, bathrooms, and laundry, offering ample storage and a clean, contemporary aesthetic.
★ Gaggenau-Appointed Kitchen Excellence
The chef’s kitchen is thoughtfully designed and impeccably appointed, featuring:
- Fully integrated Gaggenau appliances, including oven, gas cooktop, dishwasher, and rangehood.
- Elegant reconstituted stone benchtops and splashbacks.
- A sleek undermount stainless steel sink with chrome mixer, plus custom cabinetry for your own fridge integration.
★ Sophisticated Bathrooms with Premium Finishes
Each of the two stylish bathrooms includes:
- Full-height ceramic tiling and stone-topped vanities.
- Wall-hung toilets with soft-close seats and premium chrome fittings.
- Heated towel rails, overhead shower roses, and generous mirrored cabinetry.
★ Comfort, Connectivity & Convenience
Designed for easy living, the apartment includes:
- Ducted heating and cooling for year-round comfort.
- Video intercom system with secure building access.
- Wired for internet, Foxtel, and telephone in the living area and master bedroom.
★ The Ultimate South Yarra Lifestyle
Set within a beautifully designed contemporary building, residents enjoy unmatched access to:
- Chapel Street’s world-class shopping, dining, and nightlife.
- The serene walking tracks along the Yarra River and Botanic Gardens.
- South Yarra Station and tram links, making the CBD just minutes away.
If you would like to inspect this property, please contact Tina Chauhan on 0481 048 011 to book a private inspection.
Listing description written by Tina Chauhan, Amity Property Group Melbourne — reproduced as published, not verified by Districts.
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