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Back 116 Stephen Street
Off Market

116 Stephen Street

Yarraville VIC 3013

2
2
House
Last sold for $985,000
Anna GrechAnna Grech, last sold this property on 09 May 2026 after 30 days on market.

Overview

Iconic former Lyric Theatre home with city views with a variety of uses.

Nestled in the heart of Yarraville in the former Lyric Theatre, this property presents a rare opportunity for buyers seeking a place with character, charm, and adaptive reuse potential. This versatile two-bedroom, two-bathroom home boasts a strong architectural identity with heritage elements throughout, offering potential for residential, studio, or mixed-use purposes. Ideal for families, professionals, or investors, the property is located in a highly sought-after area that is both vibrant and convenient. Upon entering, you are greeted by a generous living space with high ceilings and concrete flooring. Upstairs, the second living area captures city views and features a beautiful stone fireplace, providing a cozy focal point in the open-plan layout. The space is flooded with natural light, thanks to the skylight above the staircase and the generous arched windows, adding warmth and airiness throughout. The adjacent modern kitchen is fully equipped with a Smeg oven, Fisher & Paykel half dishwasher, and a movable island bench, offering flexible workspace options. Ample storage and a glass splash back enhance the kitchen's sleek and functional design. The master bedroom, also on the first level, offers built-in robes, timber flooring, and a window with a tranquil outlook to the communal garden. The main bathroom is spacious with a separate bath and shower, and ample natural light from the window. On the ground level, a second bedroom with built-in robes and carpeted flooring provides peaceful accommodation, with easy access to the additional bathroom and laundry area, which opens to the rear courtyard. The entry features concrete flooring and downlights, offering commercial or studio potential, making it perfect for those looking to set up a home office or creative space. Enjoy seamless indoor-outdoor living, with the ground-floor space leading to a communal outdoor area, ideal for entertaining or relaxing. This property offers a rare combination of functionality, modern amenities, and endless potential in a prime Yarraville location. Located just minutes from Yarraville Village, this home is perfectly positioned with easy access to public transport and local amenities. With Yarraville station within easy walking distance and major transport links, commuting to the CBD is effortless. Enjoy the vibrant community atmosphere, with local cafes, restaurants, and parks such as Yarraville Gardens, Cruickshank Park and Beaton Reserve just moments away. Zoned for Yarraville West Primary School and Footscray High School, this home offers convenience and lifestyle at its finest. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Features

2 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Yarraville over the last 12 months, the estimated median property value of 116 Stephen Street is $1m.

Median value
$1m
Estimated value range
$780k - $1.36m
Median days on market
25
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Yarraville. 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 Stephen Street

2026
Sold
$985,000
Auction Sale on 09 May 2026 by Anna Grech, of Woodards Yarraville

Happy sellers in Yarraville

83%
83% of sellers in Yarraville reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 123 reviews in Yarraville over the last 12 months.

Local market activity for 2 bedroom houses in Yarraville

In the last 12 months, 41 two-bedroom houses similar to 116 Stephen Street, have been sold.

This represents a 23% increase in two-bedroom houses 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 Yarraville

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Elise Nemer

Sellers who recommend Elise Nemer have praised them for being clear communication, responsive, local expert, friendly, supportive, detail-oriented and honest

  •   5   (156 reviews)
  •  20 Reviews in Yarraville
  •  25 Sales in Yarraville
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Tate Moore

Sellers who recommend Tate Moore have praised them for being clear communication, local expert, honest, supportive, responsive, reliable and trustworthy

  •   4.9   (267 reviews)
  •  17 Reviews in Yarraville
  •  20 Sales in Yarraville
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Matthew John

Matthew John is an award winning recommended agent for Yarraville.  They have 10 local sales and collected 12 local reviews across the last 12 months.

  •   5   (494 reviews)
  •  12 Reviews in Yarraville
  •  10 Sales in Yarraville
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George Alexander

Sellers who recommend George Alexander have praised them for being local expert, clear communication, friendly, responsive, honest, reliable and supportive

  •   4.9   (345 reviews)
  •  11 Reviews in Yarraville
  •  21 Sales in Yarraville
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