10/22 Rockley Road, South Yarra VIC 3141

10/22 Rockley Road, South Yarra VIC 3141
Spacious one-bedroom unit | car space included | tree-lined South Yarra | walkable to shops | no overlay concerns The buying case for this unit centres on its combination of space, a dedicated car space, and a fully updated interior within a sought-after South Yarra location. For a one-bedroom unit, the generous floor plan and separate WC are unusual, giving it a competitive edge over newer but smaller apartments. This property is best suited for a buyer seeking a walkable inner-city lifestyle without compromising on living area or storage, making it equally viable for a first-home buyer or an investor targeting long-term capital growth. The principal risk is the gap between the estimated value and the asking range, suggesting the market has already priced in the premium for condition and location. However, the absence of any overlay constraints, strong rental yield potential at around five and a half percent, and reliable connectivity fundamentals all support the case for acquisition. An opportunity exists to negotiate below the range if comparable sales evidence justifies it, particularly given the property has been on the market and may attract less urgency from buyers.
Detailed Independent Property Report prepared  by PropCred Analyst team for 10/22 Rockley Road, South Yarra VIC 3141
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✕ 2
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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

1

Bathroom

1

Parking

1

Land

981m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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