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903/1 Clara Street, South Yarra$455,000

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For Saleapartment

903/1 Clara Street

South Yarra, VIC 3141, Australia

$445,000 – $465,000

1 bed 1 bath 1 car1 ha

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Listing description

About this property

Sleek modern style and quality finishes highlight the exceptional appeal of this chic 1 bedroom, 1 bathroom apartment, presenting the perfect opportunity for market entrants, downsizers and savvy investors. Filled with natural light, the open-plan layout cleverly incorporates a streamlined kitchen flaunting quality appliances, stone surfaces and mirror splashback. Indulge in the added luxury of heating/AC, study nook, private balcony with beautiful views, plus an onsite gym and steam room. Positioned moments from Chapel Street and Toorak Road, you're surrounded by celebrated dining, cafés, shopping and nightlife. Public transport is at your doorstep, with South Yarra Station and multiple tram lines nearby, while the Royal Botanic Gardens and Fawkner Park are just a short stroll away.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Parking: 1
Land Area: 1 ha
Listed: 2 months ago

Repayment calculator

$2,206/month

$1,103 /fortnight

Loan $364,000 at 6.10% over 30 years

Upfront costs

Deposit$91,000

Stamp duty$22,370

Conveyancing (est.)$2,000

Total upfront$115,370

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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. It is listed 46% below the $840,000 median of 63 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 127: South Yarra Station (tram) — 602 m away
Cignall — 486 m away
Surrey Park — 62 m away
Arthur Street Pocket Park — 376 m away
Grosvenor Reserve — 386 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 steady infill development centred on Chapel Street and the railway precinct, with mixed-use and residential projects driving intensification of this established inner-suburban village. Development activity reflects ongoing demand for inner-Melbourne living, transit accessibility, and retail/hospitality precincts, with most projects targeting approval or construction phases through 2025-2027.

Nearby projects

Closest

0.3 km

Multi-residential infill (local streets)

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

Multi-residential infill (local streets)

0.3 km

ResidentialApproved

Several smaller-scale townhouse and apartment developments on residential streets responding to demand for inner-city living.

2024-2025

300 m

Chapel Street mixed-use redevelopment

0.5 km

Mixed-useUnder construction

Multi-storey retail, hospitality and residential development along Chapel Street's retail precinct targeting intensification of the commercial corridor.

2025

500 m

South Yarra Station Precinct renewal

0.8 km

Mixed-useApproved

Transit-oriented development around South Yarra railway station including residential apartments, retail and improved pedestrian connections.

2026

800 m

Residential apartment tower (Domain Road)

1.2 km

Apartment buildingUnder construction

Mid-rise residential apartment building providing additional housing density in the established inner-suburban location.

2024-2025

1.2 km

Toorak Road commercial upgrade

1.5 km

Mixed-useProposed

Streetscape and mixed-use development along Toorak Road enhancing retail and hospitality offerings with upper-level residential.

2026-2027

1.5 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.

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