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53-57 Park Street, South Yarra$29.95m
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53-57 Park Street

South Yarra, VIC 3141, Australia
$29.95m
6 bed 6 bath 6 car900 m²

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About this property

Inspect By Private Appointment Set across three expansive levels, this extraordinary Victorian Art Nouveau terrace offers a visionary landmark in the heart of South Yarra. Painstakingly restored and brilliantly reimagined, this unique residence balances classic grandeur with contemporary elegance its breathtaking scale, striking interiors, and refined warmth create a rarefied lifestyle for the most discerning buyer. Recognised as South Yarra's most ornate and irreplaceable Victorian-style façade, the commanding, grey-rendered frontage and majestic arched entry form a powerful introduction to the home's heritage significance and architectural distinction. Nestled in the sought-after Domain precinct, the residence is positioned between the Royal Botanical Gardens and Fawkner Park, placing it in one of Melbourne's most prestigious lifestyle settings. Inside, sweeping dual stairways introduce soaring ceilings, marble fireplaces, and multiple formal and informal living zones. A private lift connects all levels with ease. The gourmet kitchen appointed with a full suite of Miele appliances, oversized porcelain island, walk-in pantry and terrace servery flows to vast open-plan living and dining, with two sets of sliding doors to a city-facing terrace, concealed TV, BBQ and outdoor kitchen. An expansive wine room with bespoke wine storage and direct terrace access provides the ideal setting for curated entertaining. The upper level hosts the ultimate main suite sanctuary with spectacular city skyline views, terrace access, walk-in dressing spaces with robes, and two palatial ensuites one with a freestanding bath and vanity table. Five further spacious bedrooms many with fireplaces, study nooks, and built-in robes are paired with beautifully appointed ensuites. A grand-scale, cinema-style entertaining hall with projector, a dedicated wellness studio or gym space, a second indoor kitchen, and multiple lounge and dining areas deliver exceptional family flexibility across the lower level. An exquisite connection to the outdoors defines the home, from lush garden courtyards and elevated terraces to a magnesium pool framed by tropical greenery and a sun lounge retreat. A private lower ground courtyard offers a secluded setting for intimate entertaining. A secure 6-7 car garage accessed via a private rear entry offers rare inner-city convenience, ideal for families and collectors alike. Additional appointments include hydronic and reverse heating/cooling, three luxurious powder rooms, generous storage throughout, 10,000L water tank, solar panels, security system, fire alarms, auto gates, outdoor heating, outdoor pool bathroom, and ramp access to garaging. Situated in the prestigious private school precinct and within walking distance of Melbourne's renowned entertainment and sporting venues, this is an incomparable inner-city sanctuary of style, scale, security, and privacy - offering extraordinary liveability and showpiece entertaining in one of Melbourne's most coveted lifestyle pockets.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
6
Parking
6
Land Area
900 m²
Listed
3 months ago

Repayment calculator

$145,196/month
$72,598 /fortnight
Loan $23,960,000 at 6.10% over 30 years

Upfront costs

Deposit$5,990,000
Stamp duty$1,926,750
Conveyancing (est.)$2,000
Total upfront$7,918,750
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 6-bedroom house in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools. It is listed 2315% above the $1.24m median of 71 comparable houseswithin 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 123: Fawkner Park (tram)162 m away
  • Domain Butchers209 m away
  • Fawkner Park562 m away
  • Caroline Gardens582 m away
  • MacFarlan Street Reserve743 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 · House 3 bed

Compound growth -2.7% / yr over 4 yrs

$2.04mcurrent median

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