804/2 Claremont Street, South Yarra VIC 3141

804/2 Claremont Street, South Yarra VIC 3141
2 bed 2 bath apartment | 8th floor likely | tightly held South Yarra building | central Claremont Street position This apartment sits within a substantial multi-unit building on Claremont Street, a location that benefits from South Yarra’s dense amenity and strong transport connections. The two-bedroom, two-bathroom configuration is well suited to both owner-occupiers seeking a central inner-Melbourne lifestyle and investors targeting professional tenant demand, as this layout is a common and liquid offering in the suburb’s apartment stock. The building’s size suggests active turnover and market participation, which can support liquidity when reselling. This property would best serve a buyer who values convenience, established apartment supply, and proximity to retail, dining, and public transport over a boutique or exclusive holding. The unit’s value may be influenced by its floor level, aspect, outlook, and internal finishes, none of which are confirmed from available information. The eighth-floor inference suggests potential for elevated views and reduced street noise, but this is not verified. The building’s age and amenity offeringโ€”such as parking, storage, or common facilitiesโ€”are also unconfirmed and could materially affect desirability and price. A buyer should weigh these unknowns carefully, as they may differentiate this apartment from comparable stock in the area. Without confirmed parking or a clear finish specification, the property may sit at a standard rather than premium position within the local market.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 804/2 Claremont Street, South Yarra VIC 3141
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Market Insight:

South Yarra is a premium inner-city suburb favoured by professionals, with demand anchored by its proximity to the CBD and vibrant lifestyle. Recent market conditions show a divergence, with house prices experiencing a correction while the unit market demonstrates resilience, supported by strong rental demand and limited new supply. Future growth is underpinned by consistent buyer activity and tight rental vacancy, though affordability constraints and sensitivity to interest rate movements present key risks to watch.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

-

Land

914mยฒ

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