Back 3a/238 Toorak Road
Off Market

3a/238 Toorak Road

South Yarra VIC 3141

1
1
60 m²
Apartment
Anthony BenicAnthony Benic, last sold this property on 26 March 2026 after 14 days on market.

Overview

RECORD SALE FOR THIS CONFIGURATION

Nestled in one of Melbourne's most prestigious inner-city enclaves, this north-facing apartment offers exceptional potential for immediate enjoyment or future enhancement. Spanning approximately 60 sqm within an intimate block of just 14 residences, it features generous 2.5m high ceilings, soft carpet throughout and remarkably low Owners Corporation fees-delivering a rare combination of space, comfort and affordability in a tightly held building. Currently leased, the property provides steady income while presenting clear upside for owner-occupiers or investors seeking to unlock its full potential through personal touches or modernisation. The location is unrivalled: positioned on one of South Yarra's most iconic and historic thoroughfares, steeped in the area's rich heritage of elegant Victorian-era development and evolving into a vibrant lifestyle hub. Enjoy effortless access to the best of inner Melbourne-moments from the designer boutiques, acclaimed cafes and restaurants along Chapel Street (just a short stroll away), while South Yarra Station is only metres from the door for seamless CBD connectivity (approximately 4 km to the heart of the city). Prahran Market, Fawkner Park and the Royal Botanic Gardens are all within easy walking distance, blending timeless prestige with contemporary convenience in one of Melbourne's most sought-after suburbs. A rare opportunity in a proven blue-chip pocket-ideal for those who appreciate refined living with strong long-term value

Features

1 bedroom
1 bathroom
60 m² floor area
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 3a/238 Toorak Road 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 3a/238 Toorak Road

2026
Sold
Undisclosed
26 Mar 2026 by Anthony Benic, of Woodards South Yarra
2024
Rented
Undisclosed
Leased on 30 Dec 2024 by Hodges Prahran/South Yarra
2019
Sold
$369,000
12 Sep 2019 by Nick Gatacre, of Belle Property South Yarra

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 3a/238 Toorak Road, have been sold.

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

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