14/22-24 Darling Street, South Yarra VIC 3141

2-bedroom boutique apartment | South Yarra village edge | light-filled open layout | updated ready-to-live condition This property occupies a defensible position within the boutique complex at 22-24 Darling Street, where the two-bedroom format with one car space is the most liquid configuration in South Yarra’s strata market. The updated interior—particularly the open-plan living and well-equipped kitchen—removes immediate renovation cost for a buyer and compresses the time to occupancy or rental income. Comparable sales within the same building confirm price stability and modest capital growth over the past cycle, which reduces valuation risk for an owner-occupier or a long-hold investor. The location places the unit within walking distance of Chapel Street retail, transport, and parkland, serving professionals or downsizers who prioritise convenience over square metres. The primary risk is the limited comparable sales history for this specific unit—last traded in 2012—which makes the indicative price range more dependent on broader market movement than building-specific evidence. The 2019 purchase of unit 6 at $570,500 and its 2024 sale at $525,000 signals that over-renovation or premium pricing above $590,000 may not be supported by recent building data. However, the updated condition and low days on market suggest motivated selling, creating negotiation leverage for a buyer who can move quickly. Hold this property as a low-maintenance city-fringe base or rent it to the professional tenant pool that South Yarra consistently attracts.