Back 5/17 Park Lane
Off Market

5/17 Park Lane

South Yarra VIC 3141

3
2
2
Townhouse
James PaullJames Paull, last sold this property on 24 May 2025 after 25 days on market.

Overview

Spacious sanctuary in sought-after parkside precinct

Enviably located just metres to majestic Fawkner Park, this expansive, light-filled townhouse offers low-maintenance living in a prime location near to Chapel and Greville Street shops and restaurants, Prahran Market and renowned schooling. One of the superior townhouses in the boutique development thanks to its north-facing orientation and leafy views over the beautiful heritage bluestone church conversion at the front, this tranquil home belies its convenient location. Accessed via a quiet private laneway, this impeccable residence has recently been painted throughout and benefits from its own courtyard frontage as well as secure basement parking for two cars. Designed for relaxed modern liveability, the airy living and dining area is overlooked by a sunny kitchen with extensive cabinetry and a brand new Bellini electric oven and four burner gas cooktop which flows on to a secure terrace, perfect for alfresco dining and entertaining. Upstairs, three spacious bedrooms include the master at the rear which boasts its own north-facing balcony, built-in robe and a sparkling, newly renovated bathroom with large, walk-in shower with niches. Two further bedrooms with built-in robes share a renovated central bathroom and a second balcony. Further appointments include a Euro laundry, new wooden-style flooring, security entry and reverse cycle air conditioning. Benefitting from easy access to the CBD via St Kilda Road trams, the property is within walking distance of Wesley College and South Yarra Primary School as well as within reach of further prestigious schools including Melbourne Grammar. With Albert Park Lake and St Kilda Beach also nearby, this enchanting residence promises a cosmopolitan inner-city lifestyle that's hard to beat.

Features

3 bedrooms
2 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in South Yarra over the last 12 months, the estimated median property value of 5/17 Park Lane is $1.39m.

Median value
$1.39m
Estimated value range
$1.13m - $1.55m
Median days on market
25
Estimated value trend
-6%
decrease 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 5/17 Park Lane

2025
Sold
Undisclosed
Auction Sale on 24 May 2025 by James Paull, of Kay & Burton Stonnington

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 3 bedroom townhouses in South Yarra

In the last 12 months, 20 three-bedroom townhouses similar to 5/17 Park Lane, have been sold.

This represents a 33% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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