Back 16/87 Caroline Street
Off Market

16/87 Caroline Street

South Yarra VIC 3141

1
1
1
Apartment
Last sold for $400,000
Grant WallaceGrant Wallace, last sold this property on 03 March 2026 after 12 days on market.

Overview

Sun Filled One Bedroom in Coveted Locale

Set in one of South Yarra's finest tree-lined streets, this spacious one-bedroom apartment offers comfort and convenience in a blue-chip location. Features include a large double bedroom with built-in robes, central bathroom, and a north-facing living/dining area with full-length windows capturing abundant natural light and leafy views. The functional gas kitchen and off-street parking on title add further appeal. Just moments from public transport, the boutiques and cafés of Toorak Road and Chapel Street, and the Royal Botanic Gardens, this is an ideal opportunity for first-home buyers or investors.

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 16/87 Caroline Street is $377.25k.

Median value
$377.25k
Estimated value range
$135k - $830k
Median days on market
30
Estimated value trend
2%
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 16/87 Caroline Street

2026
Rented
Undisclosed
Leased on 04 May 2026 by Belle Property South Yarra
2026
Sold
$400,000
03 Mar 2026 by Grant Wallace, of Belle Property South Yarra
2018
Rented
Undisclosed
Leased on 21 Sep 2018 by Melbourne Property Managers

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 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, 269 one-bedroom apartments similar to 16/87 Caroline Street, have been sold.

This represents a 11% increase in one-bedroom apartments sales when compared to the previous 12 months.

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