48 Macfarlan Street, South Yarra VIC 3141, Australia
Alternate search: Unit 1, 48 MACFARLAN STREET.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sold | Feb 2025 | $250,000 | $2,604 |
| Sold | Apr 2020 | $240,000 | $2,500 |
| Sold | Dec 2015 | $220,000 | $2,291 |
| Sold | Jun 2011 | $272,000 | $2,833 |
| Sold | Nov 1984 | $208,500 | $2,171 |
Price per m² based on land size of 96 m².
The property sits on a 96 m² parcel of land. This provides a modest footprint suitable for small‑scale retail or office use.
South Yarra railway station is about 0.3 km away, and tram stops on Punt Road/Toorak Road and Walsh Street are within 0.2–0.4 km. Major bus routes also run along Commercial Road and Punt Road, offering excellent connectivity.
The location is adjacent to South Yarra’s main shopping strips on Chapel Street and Toorak Road, the up‑market Jam Factory, the Como Centre, and the historic Prahran Market, providing high foot traffic and complementary services.
Yes – South Yarra’s core is known for trendy, up‑market shopping, restaurants, nightclubs and café culture, making it an attractive spot for consumer‑facing businesses.
South Yarra lies approximately 4 km south‑east of Melbourne’s CBD, offering quick access to the city while retaining a vibrant local clientele.
South Yarra had a population of about 25,000 people in the 2021 census, providing a sizable residential and visitor base for commercial enterprises.
