1205/18 Claremont Street, South Yarra VIC 3141
1205/18 Claremont Street, South Yarra VIC 3141
This 83.61m² two-bedroom, two-bathroom apartment on the 12th floor of the Yarra One development includes one car space, premium Miele appliances, floor-to-ceiling windows, and access to a full suite of resort-style amenities. It is positioned within the Forrest Hill precinct of South Yarra.
This property is competitively strong because it offers a rare combination of substantial internal space and a full amenity package in a brand-new building. The 83.61m² floorplan is generous for a modern two-bedroom apartment, providing genuine separation between living and sleeping areas. Its orientation on the 12th floor captures broad views, and the inclusion of a dedicated car space adds significant utility in a dense inner-city location. The building’s resort-style facilities, including a concierge, gym, and rooftop terrace, differentiate it from older apartment stock in South Yarra. This unit best serves a professional couple or investor seeking a low-maintenance, high-comfort home with strong rental appeal in a premium, walkable suburb.
The value of this property may be influenced by its position within a very large development, where the high number of similar units could affect long-term scarcity and resale competition. While the building’s amenities are a clear draw, ongoing owners corporation fees for this level of service may be higher than in smaller blocks, which a buyer should factor into holding costs. The brand-new condition and modern finishes provide a strong starting point for value retention, but the property’s future price growth will likely depend on the broader market’s appetite for high-density luxury apartments in the Forrest Hill precinct, rather than any unique or irreplaceable feature of the unit itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 1205/18 Claremont Street, South Yarra VIC 3141
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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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
1
Land
2121m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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