11/241 Williams Road, South Yarra VIC 3141

11/241 Williams Road, South Yarra VIC 3141
Top floor in 1960s low rise | Leafy outlook from as-is unit | 2-bed with single car space | Sought-after South Yarra corridor This top-floor apartment is considered competitively positioned within South Yarraโ€™s older low-rise stock. Its leafy outlook and included car space are strong advantages for a two-bedroom configuration. The unit is offered as-is, which means the finishes are original, but the solid mid-century construction is generally valued by discerning buyers. This property is best suited to an owner-occupier or downsizer who values location and layout over cosmetic upgrades. The buildingโ€™s established pocket provides access to schools, transport, and amenity that underpin demand for this type of stock. Several factors may materially affect the value of this apartment. The as-is condition and 1960s building age might limit its appeal compared to renovated stock, requiring a price discount. A flood overlay has been detected, which could influence insurance costs and buyer perception. However the top-floor position and leafy outlook may partially offset these constraints. It is suggested that buyers weigh the buildingโ€™s solid construction against the need for future updates when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11/241 Williams Road, 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

-

Parking

1

Land

1091mยฒ

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