Melbourne's cheapest sale in South Yarra

Melbourne's cheapest sale in South Yarra
Melbourne's cheapest sale in South Yarra

Melbourne had the nation's cheapest result when a South Yarra flat fetched $260,800 at weekend auction.

The one bedroom Punt Road offering last traded at $32,500 in 1983.

Williams Batters had offered a $240,000 to $260,000 price guidance on the apartment that had been rented in 2013 at $280 a week.

 The median price for a unit in South Yarra is $573,185, according to CoreLogic RP Data.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Melbourne Residential Sale

Comments

Be the first one to comment on this article
What would you like to say about this project?