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116/9 Darling Street, South YarraUnder Offer
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116/9 Darling Street

South Yarra, VIC 3141, Australia
Under Offer
1 bed 1 bath 1 car

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About this property

Positioned in a tightly held low-rise building on prime Darling Street, this north-facing apartment is a standout high-yield opportunity in one of Melbourne's most reliable rental markets. Flooded with natural light via expansive floor-to-ceiling windows and boasting a wide balcony that effectively extends the living space, the property delivers the bright, open feel tenants pay a premium for-driving strong rental returns. The intelligently designed central hallway creates clear separation and excellent flow, while the generous bedroom and dedicated study nook provide the exact flexibility modern professionals demand. This layout consistently attracts high-quality, long-term tenants (young professionals, couples, and remote workers), supporting low vacancy and maximum rental income in South Yarra's competitive inner-city market. The living area opens directly to the balcony, delivering bright mornings and relaxed afternoons that tenants love and landlords profit from. Floor-to-ceiling glazing maximises the sense of space and light, reverse-cycle air conditioning guarantees year-round comfort, and abundant storage plus a secure storage cage keeps maintenance low and tenant satisfaction high-key ingredients for sustained high yields. The sleek, modern bathroom and cleverly tucked-away Euro laundry enhance everyday livability, while secure undercover parking and controlled building entry make the property instantly lettable-even to late-shift workers or weekend travellers-helping you secure top-tier tenants and defend premium rents. Just 150 metres from South Yarra Station and only 3.4 km from the CBD, this location is a rental magnet. Tenants walk to an endless array of cafes, shops, parks, and gardens, yet enjoy the quieter charm of Darling Street. With respected schools and green spaces nearby, the tenant pool remains broad and resilient. South Yarra apartments in this price bracket and location routinely deliver gross yields of 5.56.5%+, backed by persistently low vacancy rates, strong rental growth, and consistent demand from professionals who prioritise proximity to the CBD. This property offers investors a rare combination of immediate cash flow, capital stability, and long-term upside in one of Melbourne's highest-performing inner-city suburbs. Don't miss the chance to secure a genuinely high-yielding asset - perfect for portfolio expansion or reliable passive income.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,519/month
$1,259 /fortnight
Loan $415,600 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$103,900
Stamp duty$26,240
Conveyancing (est.)$2,000
Total upfront$132,140
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Yarra

This 1-bedroom apartment in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools.

Schools near South Yarra

  • Kamarukacombined · 2-10 · Boys
  • Kamaruka - Primary Campuscombined
  • Melbourne Girls Grammarcombined · Prep-12 · Girls
  • Melbourne Girls Grammar - Morris Hall Campuscombined
  • Christ Church Grammar Schoolprimary · Prep-6 · CoEd
  • South Yarra Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • South Yarra 1 (train)110 m away
  • New Leaf102 m away
  • South Yarra Siding293 m away
  • Unnamed303 m away
  • Caroline Gardens369 m away

South Yarra at a glance

Full suburb profile
Population
25,028
Median age
33
Household income
$2,063/wk
Median rent
$415/wk
Median mortgage
$2,100/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Yarra price trend

Median sold · Unit 1 bed

Compound growth -1.9% / yr over 4 yrs

$375kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full South Yarra market

Within 5km

Nearby Properties

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