1408/8 Daly Street, South Yarra VIC 3141
1408/8 Daly Street, South Yarra VIC 3141
2 bed 2 bath 1 car high floor | Urban views covered balcony | Resort pool spa gym | South Yarra lifestyle core
This apartment sits in the amenity-rich high-rise end of South Yarra’s market, a segment that serves professionals downsizers and lock-and-leave buyers who prioritise walkability and low maintenance over land ownership. The covered balcony and urban outlook are genuine selling points here, as is the building’s full resort package of pool spa gym and resident lounges. It is competitively positioned against older walk-up stock because it offers two bathrooms and a Euro laundry in a secure tower setting. The high floor likely provides better light and less street noise, which strengthens its appeal for owner-occupiers who value comfort and convenience over architectural character.
The property sits on a large residential site with a flood management overlay noted but no heritage or bushfire constraints detected. This may affect future development applications but is unlikely to impact day-to-day living or resale to a similar buyer profile. The unit’s value will be shaped most by how its floor level and outlook compare with other two-bedroom apartments in the same building and nearby towers. Buyers should weigh the trade-off between resort amenity and the higher body corporate fees that typically come with it. The school zone for Toorak Primary and Prahran High adds a layer of demand from families who want apartment living without sacrificing catchment access.
Detailed Independent Property Report prepared by PropCred Analyst team for 1408/8 Daly Street, South Yarra VIC 3141
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
3044m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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