1710/50 Claremont Street, South Yarra VIC 3141
1710/50 Claremont Street, South Yarra VIC 3141
17th-floor two-bed apartment | South Yarra high-rise | one car space included | central location with amenity | appeal for owner-occupiers and investors
A high-floor two-bedroom apartment in central South Yarra is presented with the 17th-floor position serving as a clear differentiator, offering separation from street noise and potential for light and city outlooks. One car space is included, a practical advantage in a dense inner-suburb where parking is often limited. The configuration is well-suited to owner-occupiers seeking urban convenience and downsizers wanting low-maintenance living, while also appealing to investors given the suburb’s strong rental demand. The building’s sophisticated amenities further enhance its livability, though their specifics are not detailed. This property finds a competitive place within South Yarra’s predominantly apartment stock, where units with elevated floors and car spaces are comparatively less common.
The building’s age and ongoing maintenance of common areas may influence future strata costs and overall property condition, factors that can affect long-term value. The unverified aspect and interior finishes might impact how the unit compares with others in the same building or nearby high-rises. Rental yield could be shaped by the prevailing supply of new apartments in the area, so a careful assessment of current market rents is advisable. These considerations should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1710/50 Claremont Street, South Yarra VIC 3141
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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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
1
Parking
1
Land
1091m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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