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32/100 Commercial Road, South Yarra$705,000
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For Saleapartment

32/100 Commercial Road

South Yarra, VIC 3141, Australia
$690,000 – $720,000
3 bed 2 bath 1 car

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Listing description

About this property

Set within the established and tightly held South Yarra Square complex, this expansive three-bedroom plus study residence delivers house-like proportions, timeless character, and a level of space rarely found in apartment living. Recently refreshed with tasteful cosmetic updates, the home presents beautifully with a light, modern feel. A generous open-plan living and dining zone forms the heart of the residence, flowing seamlessly to a private balcony that captures a pleasant outlook across the surrounding streetscape and towards the skyline. The well-appointed kitchen is functional and spacious, complemented by ample storage and a practical layout suited to both owner-occupiers and investors alike. Accommodation is substantial, comprising three well-sized bedrooms, including a master with ensuite, while a separate study provides the flexibility for a home office or potential fourth bedroom. A central bathroom with integrated laundry further enhances everyday convenience. Complete with secure basement car parking, this is an exceptional opportunity to secure a large-format apartment in a location that continues to outperform. Location highlights: Moments from Chapel Street's dining, shopping and nightlife Easy access to South Yarra Station and multiple tram routes Close proximity to Prahran Market and Fawkner Park Surrounded by some of Melbourne's most vibrant lifestyle amenities Disclaimer: Certain photos may have been enhanced using virtual staging techniques, including the addition of furniture, fixtures, or decorative elements that are not physically present in the property. These images are for marketing and visualization purposes only and should not be relied upon as an exact representation of the current condition. Prospective buyers should verify all information independently.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
1
Listed
2 months ago

Repayment calculator

$3,418/month
$1,709 /fortnight
Loan $564,000 at 6.10% over 30 years

Upfront costs

Deposit$141,000
Stamp duty$37,370
Conveyancing (est.)$2,000
Total upfront$180,370
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 3-bedroom apartment in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools. It is listed 1% below the $715,000 median of 59 comparable apartmentswithin 5 km.

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

  • Pasley Street South/Punt Road (bus)218 m away
  • Pista Bikes804 m away
  • Connell Reserve377 m away
  • Unnamed417 m away
  • Unnamed448 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.

Due diligence

Property Report

Future Development

Complete

South Yarra is experiencing sustained development pressure as an inner-east growth precinct, with major mixed-use intensification along Domain Road and Chapel Street, strong apartment development activity, and council-backed infrastructure improvements. The suburb continues to attract significant DAs targeting residential densification and commercial activation, reflecting its status as a premium inner-city location with established transport links and lifestyle amenity.

Nearby projects

6

Closest

0.5 km

Domain Precinct Mixed-Use Development

500m1km1.5km2kmDomain Precinct Mixed-Use Development — 0.5 kmMultiple Residential DAs - Chapel Street Corridor — 0.8 kmArterial Road Upgrades - Toorak/Domain — 1.0 kmToorak Road Urban Renewal Precinct — 1.2 kmRecent Inner-East Residential Infill — 1.5 kmSt Kilda Junction Redevelopment — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Domain Precinct Mixed-Use Development

0.5 km
Mixed-useUnder construction

Large-scale mixed-use development incorporating residential apartments, retail and hospitality on Domain Road.

2025

500 m

Multiple Residential DAs - Chapel Street Corridor

0.8 km
Apartment buildingUnder construction

Several mid-to-high rise residential apartment approvals along Chapel Street's commercial precinct.

2024-2025

800 m

Arterial Road Upgrades - Toorak/Domain

1 km
InfrastructureApproved

Council and state infrastructure improvements to traffic flow and pedestrian connectivity in the precinct.

1.0 km

Toorak Road Urban Renewal Precinct

1.2 km
Mixed-useProposed

Strategic precinct targeting activation of Toorak Road with residential and commercial intensification.

2026-2027

1.2 km

Recent Inner-East Residential Infill

1.5 km
Residential subdivisionApproved

Ongoing infill development and townhouse approvals across residential streets in surrounding suburbs.

1.5 km

St Kilda Junction Redevelopment

2 km
Mixed-useApproved

High-density residential and commercial precinct targeting the junction renewal area.

2025-2026

2.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

South Yarra price trend

Median sold · Unit 3 bed

Compound growth +0.4% / yr over 4 yrs

$1.68mcurrent median

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

Full South Yarra market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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