Back 428/35 Malcolm St
Off Market

428/35 Malcolm St

South Yarra VIC 3141

2
1
1
Apartment
Last sold for $450,000
Mark KonishiMark Konishi, last sold this property on 06 October 2025 after 67 days on market.

Overview

Luxury Living in the Heart of South Yarra – Just 3.2km from the CBD

With low OC fees and strong rental yield potential, experience the pinnacle of modern apartment living in this beautifully designed South Yarra residence. Boasting sun-drenched interiors and high-end finishes, this contemporary home offers a lifestyle of comfort, convenience, and sophistication. The spacious open-plan living and dining area is complemented by a sleek gourmet kitchen, complete with premium stone benchtops and top-of-the-line Ariston appliances. Two generously sized bedrooms with built-in robes and a stylish central bathroom complete the refined layout. Additional features include split-system heating and cooling, secure basement parking, and an impressive suite of resident-only amenities. Enjoy access to a concierge, indoor swimming pool, gymnasium, sauna, tennis court, and a landscaped rooftop garden with BBQ facilities. Perfectly positioned in one of Melbourne's most vibrant suburbs, you'll be surrounded by world-class dining, boutique shopping, and the lively café culture of Chapel Street and Toorak Road. The Royal Botanic Gardens, Yarra River trails, and designer fashion stores are all just moments away. Convenience is unmatched with Woolworths and Big W located just downstairs, Chapel Street trams at your doorstep, and only 300m to Toorak Road trams and 600m to South Yarra Station. All just 3.2km from Melbourne's CBD. This is a rare opportunity to secure a sophisticated lifestyle in one of the city's most sought-after addresses.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 428/35 Malcolm St is $650k.

Median value
$650k
Estimated value range
$310k - $2.7m
Median days on market
30
Estimated value trend
0%
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 428/35 Malcolm St

2025
Rented
Undisclosed
Leased on 15 Dec 2025 by VICPROP – CBD
2025
Sold
$450,000
06 Oct 2025 by Mark Konishi, 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 2 bedroom apartments in South Yarra

In the last 12 months, 336 two-bedroom apartments similar to 428/35 Malcolm St, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

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