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4/40 Caroline Street, South Yarra$2.45m
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4/40 Caroline Street

South Yarra, VIC 3141, Australia
$2.35m – $2.55m
3 bed 2 bath 2 car

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About this property

Expressions Of Interest Closing Mon 25 May 5.00pm. Occupying the entire floor within a boutique collection of just four apartments, this exceptional three bedroom, two bathroom penthouse delivers refined living with generous proportions in the heart of South Yarra, moments from the area's most celebrated shopping and dining destinations. Framed by floor to ceiling glazing, the expansive living and dining domain captures abundant northern light while extending to a substantial west facing terrace. Designed for both intimate moments and large scale entertaining, the terrace offers panoramic views stretching across South Yarra to St Kilda Road and the city skyline. The kitchen is beautifully resolved with marble benchtops, sleek cabinetry, Miele appliances and seamless connection to the open plan living and dining spaces, creating a setting that is both elegant and highly functional. A calm, refined palette continues through the accommodation, where three double bedrooms are complemented by considered joinery. The main bedroom features built in robes and a striking marble ensuite with dual vanities, while the additional bedrooms include built in robes and are served by a stylish central marble bathroom. Additional appointments include two basement car spaces, ducted heating and cooling, a full sized laundry, remote blinds, sheer curtains, good storage, secure entry and direct lift access into the apartment foyer, ensuring both comfort and privacy. Positioned within walking distance of Fawkner Park and the Royal Botanic Gardens and surrounded by South Yarra's finest restaurants including France Soir, Cosi and Cucinetta, boutiques, cafes and public transport options, this luxury apartment offers an exceptional lifestyle in one of Melbourne's most sought after precincts.

Property Details

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

Repayment calculator

$11,877/month
$5,939 /fortnight
Loan $1,960,000 at 6.10% over 30 years

Upfront costs

Deposit$490,000
Stamp duty$139,250
Conveyancing (est.)$2,000
Total upfront$631,250
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 292% above the $625,000 median of 64 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

  • Stop 125: Punt Road (tram)138 m away
  • French Fantasies117 m away
  • Caroline Gardens61 m away
  • MacFarlan Street Reserve188 m away
  • South Yarra Siding407 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 3 bed

Compound growth +0.4% / yr over 4 yrs

$1.68mcurrent median

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