11/376-380 Toorak Road, South Yarra VIC 3141

3-bed flat in well-located complex | stable owner mix | premium floorplan edge | strong rental demand This unit occupies a competitively strong position within a well-established South Yarra complex, where 55% rental composition signals consistent tenant demand and a mature investor base. The 3-bedroom, 2-bathroom configuration with built-in robes and air conditioning is a sought-after layout for owner-occupiers seeking low-maintenance living near Toorak Road amenities. The 1.31-acre site and absence of risk overlays reduce long-term holding concerns, while the building’s 58% auction clearance rate and recent comparable sales above $1.35 million suggest pricing discipline and market confidence. This property serves best for downsizers or professionals wanting a lock-and-leave home with strong rental fallback. The primary risk lies in the building’s mixed annual growth range of 0.53% to 4.82%, indicating that not all units appreciate uniformly and that unit-specific factors like floor level, aspect, and parking configuration heavily influence returns. The 38% of residents staying over a decade suggests a stable but potentially less liquid market for quick resale. However, the opportunity is clear: this unit’s price sits below the building median of $1.7 million, offering a value entry point into a complex with proven rental yields near 3.88% and weekly income of $940. Buyers should verify the unit’s exact floor and aspect to confirm its growth trajectory relative to higher-selling comparables.