1705/10 Claremont Street, South Yarra VIC 3141

1705/10 Claremont Street, South Yarra VIC 3141
Level 10 high-rise | river & CBD views | new luxury build | resort amenities | elite school proximity This unit represents a premium position within South Yarra’s final riverfront precinct, offering views and finishes that are unavailable in the suburb’s typical stock. Its level ten placement in a new tower ensures northern light and privacy, while the inferred high-end specifications and building amenities, like tree-top pools and concierge services, cater directly to owner-occupiers seeking a lock-and-leave lifestyle or investors targeting high-income professionals. The property’s value is anchored by its irreplaceable aspect over the Yarra and Botanic Gardens, placing it within a cohort of recent developments that define the area’s luxury ceiling. The primary risk is the precinct’s ongoing high-density transformation, which may dilute views and exclusivity over time, while the lack of exact sales data for this address necessitates a cautious valuation against nearby completions. However, the strong commercial leasing activity nearby signals sustained rental demand. Acquire this property as a long-term hold for capital growth driven by its positional scarcity, and utilize its premium amenities to secure top-tier tenants or personal use.

Independent, Unbiased Research from  our PropCred Analyst team 

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

1

Bathroom

1

Parking

1

Land

589m²

Built

Recent Assessments