1317/8 Daly Street, South Yarra VIC 3141
1317/8 Daly Street, South Yarra VIC 3141
Prime South Yarra pocket | high-yield 1BR in amenity-rich complex | flood overlay flagged | softening recent sales signal buyer leverage
This unit’s competitive edge lies in its access to a full resort-style complex in a tightly held South Yarra pocket, where 1-bedroom apartments with strong rental yields (6-8% in-building) are rare. The light-filled layout, study nook, and private balcony suit a professional tenant or investor seeking a low-maintenance holding with immediate cash flow. The building’s 36% short-term ownership turnover suggests a transient, rental-oriented population, which supports consistent demand but may limit capital growth. For a buyer, this property is best positioned as a high-yield investment or a lock-and-leave base for a city worker who values amenities over space.
The flood overlay is the primary risk, potentially raising insurance costs and narrowing buyer pools on resale. Recent comparable sales show price softening—a similar 1-bed sold at $345k in April 2026, down from $470k in 2015—indicating a market that favours buyers who negotiate hard. The absence of heritage or bushfire overlays simplifies due diligence, but a strata report is essential to check sinking fund health given the building’s age. Use the flat growth trend and recent comps to negotiate below the $350k-$375k guide, then hold for rental income rather than short-term appreciation.
Detailed Independent Property Report prepared by PropCred Analyst team for 1317/8 Daly Street, South Yarra VIC 3141
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
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
-
Land
3044m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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