Back 1 Palermo Street
Off Market

1 Palermo Street

South Yarra VIC 3141

4
3
2
249 m²
House
Jack EdgarJack Edgar, last sold this property on 15 December 2025 after 24 days on market.

Overview

Picture Book Victorian In Vibrant Enclave

Striking and flooded with natural light, this elegant double storey turreted Italianate Victorian residence enjoys timeless finishes throughout, a flexible floor plan, private north facing rear garden and separate self-contained studio while retaining many stunning original features including high ceilings, ornate cornicing, and open fireplaces. Perfectly positioned in a vibrant enclave of South Yarra, within a short stroll to Chapel Street and Toorak Road boutiques and restaurants, Melbourne's leading schools, nearby parklands, and accessible transport options including South Yarra station. Offering wide entrance hall, formal lounge with bar and open fireplace, den/study, powder room, kitchen/meals informal sitting room leading to alfresco area, private north facing garden, and separate studio apartment with ensuite above garage. Upstairs master bedroom with ensuite and walk in robe, two further generous bedrooms, family bathroom, laundry, cellar, and double lock up garage.

Features

4 bedrooms
3 bathrooms
2 carspaces
249 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in South Yarra over the last 12 months, the estimated median property value of 1 Palermo Street is $2.55m.

Median value
$2.55m
Estimated value range
$1.46m - $4.44m
Median days on market
26
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Palermo Street

2025
Sold
Undisclosed
Private Sale/Treaty on 15 Dec 2025 by Jack Edgar, of RT Edgar Toorak

Happy sellers in South Yarra

82%
82% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 51 reviews in South Yarra over the last 12 months.

Local market activity for 4 bedroom houses in South Yarra

In the last 12 months, 32 four-bedroom houses similar to 1 Palermo Street, have been sold.

This represents a 3% decrease in four-bedroom houses sales when compared to the previous 12 months.

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