Back 5/38 Macfarlan Street
Off Market

5/38 Macfarlan Street

South Yarra VIC 3141

2
1
1
Apartment
Last sold for $900,000
Mitch LadasMitch Ladas, last sold this property on 02 July 2022 after 4 days on market.

Overview

Boutique Setting Steps to Fine Dining

Just back from one of Melbourne’s most highly regarded retail and dining strips, and offering a tranquil escape from life’s daily hustle, this light-filled apartment within a boutique development is a dream low maintenance setting with far-reaching appeal. • Spacious and very liveable layout featuring high ceilings and warm hardwood floors • Open plan living and dining zone that extends to a sheltered alfresco terrace ensuring easy entertaining both indoors and out. • Contemporary kitchen boasting stone benchtops and quality appliances including an integrated dishwasher and gas cooktop. • Two spacious bedrooms both with built-in wardrobes, plus the real bonus of a study zone with fitted workstation. • Glistening central bathroom with marble vanity and separate powder room plus a practical Euro laundry, storage and split system heating/cooling. • Secure behind a video intercom entry to the building, this appealing home also comes with basement parking and storage cage. Take your pick from the array of delicacies close at hand. Jump on the tram or train to work, head to Fawkner Park for fresh air and recreation, or simply relax in nearby Caroline Street Reserve. This is an unmissable chance to enjoy a Blue-Chip part of town.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage 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 5/38 Macfarlan Street is $650k.

Median value
$650k
Estimated value range
$310k - $2.7m
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 5/38 Macfarlan Street

2022
Sold
$900,000
02 Jul 2022 by Mitch Ladas, of BigginScott Stonnington
2018
Sold
$725,000
17 Aug 2018 by Grant Wallace, of Belle Property South Yarra
2016
Sold
$722,000
30 Aug 2016 by Daniel Joyce, of Jellis Craig South Yarra

Happy sellers in South Yarra

81%
81% 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, 312 two-bedroom apartments similar to 5/38 Macfarlan Street, have been sold.

This represents a 19% increase in two-bedroom apartments sales when compared to the previous 12 months.

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