810/1 Clara Street, South Yarra VIC 3141
810/1 Clara Street, South Yarra VIC 3141
Corner unit | north-east light | wraparound terrace | resort complex | quiet pocket | South Yarra
This property occupies a rare corner position on the eighth floor, where the wraparound terrace and full-height glazing capture light across the day and create a genuine indoor-outdoor living flow rarely found in apartments of this size. The north-east orientation and elevation above surrounding rooftops give it a privacy and openness that improves its competitive position in the South Yarra market. The dedicated work-from-home zone, stone island kitchen, and two full bathrooms with terrace access from both bedrooms make it suitable for professional couples or downsizers who value amenity without compromise. The complex’s gym, pool, steam room, and sauna add lifestyle weight without body corporate fees that typically erode returns in similar buildings. For a buyer seeking a low-maintenance home with strong rental appeal, this unit’s layout and position are the primary advantages.
The main risk is the price guide sitting near the 2021 sale level, which implies limited capital growth in a flat market and may reflect oversupply pressure in South Yarra’s apartment segment. The private sale closing date creates a fixed negotiation window, and the dual agency arrangement between Marshall White and Lewin Real Estate may reduce price flexibility. Buyers should verify the body corporate fees and any upcoming special levies, as resort-style amenities often carry higher ongoing costs. The property works best as a long-term hold for owner-occupation or as a stable rental investment, where the corner position and terrace will maintain tenant demand. Use the closing deadline to negotiate firmly, not to rush.
Detailed Independent Property Report prepared by PropCred Analyst team for 810/1 Clara Street, South Yarra VIC 3141
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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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
2
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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