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Back 116/9 Darling Street
Off Market

116/9 Darling Street

South Yarra VIC 3141

1
1
1
Apartment
Last sold for $467,500
Anthony BenicAnthony Benic, last sold this property on 04 May 2026 after 94 days on market.

Overview

High-Yield Darling Street Gem – Secure Strong Cash Flow with CBD Proximity & Tenant Magnet Location

Positioned in a tightly held low-rise building on prime Darling Street, this north-facing apartment is a standout high-yield opportunity in one of Melbourne's most reliable rental markets. Flooded with natural light via expansive floor-to-ceiling windows and boasting a wide balcony that effectively extends the living space, the property delivers the bright, open feel tenants pay a premium for-driving strong rental returns. The intelligently designed central hallway creates clear separation and excellent flow, while the generous bedroom and dedicated study nook provide the exact flexibility modern professionals demand. This layout consistently attracts high-quality, long-term tenants (young professionals, couples, and remote workers), supporting low vacancy and maximum rental income in South Yarra's competitive inner-city market. The living area opens directly to the balcony, delivering bright mornings and relaxed afternoons that tenants love and landlords profit from. Floor-to-ceiling glazing maximises the sense of space and light, reverse-cycle air conditioning guarantees year-round comfort, and abundant storage plus a secure storage cage keeps maintenance low and tenant satisfaction high-key ingredients for sustained high yields. The sleek, modern bathroom and cleverly tucked-away Euro laundry enhance everyday livability, while secure undercover parking and controlled building entry make the property instantly lettable-even to late-shift workers or weekend travellers-helping you secure top-tier tenants and defend premium rents. Just 150 metres from South Yarra Station and only 3.4 km from the CBD, this location is a rental magnet. Tenants walk to an endless array of cafes, shops, parks, and gardens, yet enjoy the quieter charm of Darling Street. With respected schools and green spaces nearby, the tenant pool remains broad and resilient. South Yarra apartments in this price bracket and location routinely deliver gross yields of 5.5–6.5%+, backed by persistently low vacancy rates, strong rental growth, and consistent demand from professionals who prioritise proximity to the CBD. This property offers investors a rare combination of immediate cash flow, capital stability, and long-term upside in one of Melbourne's highest-performing inner-city suburbs. Don't miss the chance to secure a genuinely high-yielding asset - perfect for portfolio expansion or reliable passive income.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 116/9 Darling Street is $380k.

Median value
$380k
Estimated value range
$135k - $870k
Median days on market
29
Estimated value trend
3%
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 116/9 Darling Street

2026
Sold
$467,500
04 May 2026 by Anthony Benic, of Woodards South Yarra

Happy sellers in South Yarra

81%
81% 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 50 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom apartments in South Yarra

In the last 12 months, 277 one-bedroom apartments similar to 116/9 Darling Street, have been sold.

This represents a 3% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Yarra

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Mark Konishi

Mark Konishi is a recommended agent for South Yarra.  They have 32 local sales and collected 26 local reviews across the last 12 months.

  •   4.9   (333 reviews)
  •  26 Reviews in South Yarra
  •  32 Sales in South Yarra
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Tina Chauhan

Tina Chauhan is an award winning recommended agent for South Yarra.  They have 11 local sales and collected 13 local reviews across the last 12 months.

  •   4.8   (30 reviews)
  •  13 Reviews in South Yarra
  •  11 Sales in South Yarra
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Grant Wallace

Grant Wallace is a recommended agent for South Yarra.  They have 32 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (274 reviews)
  •  10 Reviews in South Yarra
  •  32 Sales in South Yarra
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Dion Besser

Sellers who recommend Dion Besser have praised them for being clear communication, local expert, supportive, dedicated, responsive, great negotiation and honest

  •   4.9   (102 reviews)
  •  8 Reviews in South Yarra
  •  13 Sales in South Yarra
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