313/35 Wilson Street, South Yarra VIC 3141
313/35 Wilson Street, South Yarra VIC 3141
1-bed flat, South Yarra entry | 35 Wilson St complex | strong rental yield near 7.5% | no parking, small footprint
This property presents a rare entry point into South Yarra’s apartment market at a price point that typically demands compromise. The building’s recorded rental yield of 7.48% on comparable units signals genuine investor demand, not speculative pricing. For a buyer seeking a low-maintenance inner-city foothold or a yield-driven addition to a portfolio, the combination of floorboards, balcony, and reliable NBN adds practical appeal without inflating cost. The zoning for Toorak Primary and Prahran High schools broadens its tenant pool beyond young professionals to include families seeking short-term proximity.
The absence of parking is the primary constraint, limiting appeal to car-free renters or buyers and capping capital growth potential relative to parked equivalents. Owners corporation fees remain unknown and could materially erode the headline yield. The small 1-bedroom configuration restricts owner-occupier flexibility, making this a hold-for-income proposition rather than a renovation play. Buyers should verify body corporate levies and building maintenance history before committing. Used as a rental, this unit delivers steady cash flow; as a primary residence, it suits a minimalist lifestyle or a strategic base near the city.
Detailed Independent Property Report prepared by PropCred Analyst team for 313/35 Wilson Street, South Yarra VIC 3141
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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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
996m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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