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4502/1 Almeida Crescent, South Yarra$4.45m
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4502/1 Almeida Crescent

South Yarra, VIC 3141, Australia
$4.45m
3 bed 2 bath 2 car

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About this property

To arrange a private inspection, please contact Tina Chauhan on 0481 048 011. Take the opportunity to live in this deluxe three-bedroom apartment on the 45th floor of Capitol Grand, offering world class appointments and uninterrupted views from your living spaces. This well thought out floorplan offering three bedrooms, two bathrooms (ensuite to the master), separate laundry and plenty of storage. All three bedrooms have carpet and built in robes, the master bedroom includes en-suite with bath and stunning views, additional built in robes.. Your kitchen is perfect for entertaining, natural stone benchtops, fit out with Gaggenau appliances including induction cook top, rangehood, dishwasher, microwave oven, built in fridge and freezer, island bench and plenty of additional storage. Throughout this stunning apartment, luxurious Herringbone timber flooring, four car spaces, storage cages, ducted heating and cooling, cabled network and NBN FTN ready and an abundance of storage. Exclusive privilege usage of The Azure Club, offering a place of solace among the sparkling lights of Melbourne's city skyline. Azure club amenities include Infinity pool, gym, meeting/dining room with attached kitchen, lounge and separate lifts. This is in addition to the Deck including 25-metre lap swimming pool, jacuzzi style spa, sauna, steam room, fully equipped gymnasium, 20 seat cinema room, BBQ pod areas, private meeting/dining room, library, communal lounge area and much more. Capitol Grand offers an opportunity to secure a highly desirable residence. All of South Yarra's charms are right at your fingertips with 24-hours Front Desk & Concierge Service. To arrange a private inspection, please contact Tina Chauhan on 0481 048 011.

Property Details

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

Repayment calculator

$21,573/month
$10,787 /fortnight
Loan $3,560,000 at 6.10% over 30 years

Upfront costs

Deposit$890,000
Stamp duty$269,250
Conveyancing (est.)$2,000
Total upfront$1,161,250
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 536% above the $700,000 median of 73 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

  • South Yarra 4 (train)265 m away
  • Cignall140 m away
  • Unnamed160 m away
  • Unnamed235 m away
  • Arthur Street Pocket Park280 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 remains a high-demand inner-city suburb with continued residential intensification, particularly around Chapel Street and the Domain precinct. Development activity is focused on heritage-sensitive mixed-use and apartment projects, alongside public realm improvements connecting to the Yarra River. Council approval pipeline reflects strong market demand for boutique medium-density residential combined with retail and cultural uses.

Nearby projects

6

Closest

0.3 km

Chapel Street Heritage Apartments

500m1km1.5km2kmChapel Street Heritage Apartments — 0.3 kmRecent Residential Apartment DAs — 0.4 kmDomain Precinct Mixed-Use Development — 0.5 kmArts Lane Precinct Renewal — 0.6 kmSt Edmonds Road Townhouses — 0.8 kmYarra River Activation Project — 1.2 km

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

Chapel Street Heritage Apartments

0.3 km
Apartment buildingApproved

Multi-level residential development with ground-floor retail on Chapel Street, respecting heritage precinct controls.

2026

300 m

Recent Residential Apartment DAs

0.4 km
Apartment buildingProposed

Multiple small to medium-scale residential apartment applications typical of the precinct's ongoing intensification.

400 m

Domain Precinct Mixed-Use Development

0.5 km
Mixed-useUnder construction

Major mixed-use redevelopment incorporating residential apartments, retail and hospitality on the Domain precinct site.

2025

500 m

Arts Lane Precinct Renewal

0.6 km
Mixed-useApproved

Cultural and creative hub development including artist studios, galleries and café spaces in a heritage laneway.

2025

600 m

St Edmonds Road Townhouses

0.8 km
Residential subdivisionUnder construction

Medium-density townhouse development across multiple lots with shared basement parking.

2024

800 m

Yarra River Activation Project

1.2 km
InfrastructureProposed

Public realm and riverfront activation works including parks, cycling paths and pedestrian connections along the Yarra.

2024-2025

1.2 km
Source: StMate AI — VIC development trends07/06/2026
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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