1212/50 Claremont Street, South Yarra VIC 3141
1212/50 Claremont Street, South Yarra VIC 3141
12th-floor, 2/2/1 apartment | 2012 build, 184 lots | Flood overlay flagged | South Yarra lifestyle hub | Strong rental profile
This unit sits in a modern, well-maintained tower that offers a configuration many buyers in South Yarra actively seek—two bedrooms, two bathrooms, and a dedicated car space. The 12th-floor position likely provides elevated light and reduced street noise, which is a genuine advantage over lower-rise stock in the area. The building’s shared amenities, including pool, gym, and outdoor terrace, add everyday appeal that older apartments cannot match. This property serves best a professional couple, an investor targeting reliable inner-city rental demand, or a buyer wanting lock-and-leave convenience with strong access to transport, dining, and parkland. The rental estimate of $900 per week reflects the suburb’s established appeal and the building’s quality.
The flood overlay is the most material factor to weigh here, as it may influence insurance costs and could temper future buyer demand compared to similar units without that constraint. The 2012 build age is a positive—modern construction, efficient layouts, and lower maintenance expectations—but it also means the property competes with newer towers nearby, which may offer fresher finishes. The estimated value of $730,000 sits within a reasonable range for this configuration in this location, though the flood overlay might cap upside relative to comparable buildings without it. A buyer should consider how long they plan to hold and whether the rental yield offsets any potential insurance premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 1212/50 Claremont Street, South Yarra VIC 3141
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
South Yarra is an inner-Melbourne prestige market driven by professionals, with 47% of owners mortgaged. House prices have declined 4.9% to 13.97% over the past year, leaving medians between $1,880,000 and $2,050,000 and days on market at 33–40. Units are stronger: median prices rose 0.46% to 3.6%, to $547,500–$570,000, with yields of 5.4%–5.9% and rents around $600–$620 weekly. Demand is supported by CBD proximity, lifestyle amenity, and limited new apartment supply, with 142–149 house sales annually. Key risks are affordability, high entry prices, and forecast rate cuts of 0.50–0.75% by early 2026, which may soften rental demand.
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PropCred Estimated Value
Comparable Sales: 1709/50 Claremont Street, 2/2/1, sold $680k; 1210/50 Claremont Street, 1/1/1, sold $625k | Property Price Band: $700k–$800k | Value Drivers: floor level, building amenities, rental yield, flood overlay impact
Bedrooms
2
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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