20 Margaret Street, South Yarra, Vic 3141

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Thursday, July 23, 2026 ( See property details for 20 Margaret Street, South Yarra, Vic 3141)

EOI (unless sold prior)$1,900,000 - $2,090,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully presented character weatherboard home in a prime South Yarra location offering spacious living, versatile studio, and low-maintenance outdoor entertaining spaces.

🏡 Property Highlights

  • Elegant weatherboard residence with timeless character and period detailing
  • Spacious three bedrooms with high ceilings and grand hallway entrance
  • Private rear yard with covered alfresco entertaining and landscaped gardens
  • Versatile multipurpose studio for work, exercise, or additional storage
  • Prime South Yarra location near parklands, vibrant dining, and public transport
  • Modern kitchen with five-burner gas cooktop and ample bench space

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Split-system Air Conditioning
  • Ceiling Fans
  • Fully Fenced
  • Outdoor Area / Balcony
  • Water tank
  • Garage / Secure Parking
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20 Margaret Street
South Yarra, VIC 3141
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Vertical aerial view — 20 Margaret Street
20 Margaret Street — Vertical Aerial  •  South Yarra, VIC 3141  •  Nearmap © 2026

South Yarra is Melbourne’s premier inner-city suburb renowned for its vibrant lifestyle, lush parklands, and excellent amenities. Residents enjoy easy access to Fawkner Park, Albert Park Lake, and Chapel Street’s shopping and dining precincts. The area offers top-tier schools, public transport options, and a strong sense of community, making it ideal for professionals, families, and investors seeking a sophisticated urban lifestyle.

What is the condition of the property and are there any recent renovations?
The property is immaculately presented with period character and modern updates, including a stylish contemporary bathroom and a versatile studio space, ready for immediate occupation or leasing.
Does the property include any energy-efficient features?
Yes, the home is equipped with split-system air conditioning and ceiling fans to enhance comfort, and the water tank supports sustainable water use.
Is there outdoor space suitable for entertaining or gardening?
Absolutely, the private rear yard features a covered alfresco area, paved surrounds, and established garden beds, ideal for outdoor entertaining and relaxation.
What are the nearby amenities and transport options?
The property is close to Fawkner Park, Albert Park Lake, Chapel Street precinct, Prahran Station, and provides easy access to CityLink, offering excellent lifestyle convenience.
Are there any zoning or planning restrictions I should be aware of?
The property is zoned for South Yarra Primary School and Prahran High School, with no known planning restrictions affecting the residence.
Are there any existing or past issues with the property's foundation, roof, or plumbing that require attention? Are there any easements, covenants, or planning overlays affecting the property or its future development potential? Has the property experienced any flooding or bushfire risks, and are there relevant risk assessments available? Are there any upcoming planning or development projects in the vicinity that could impact the property's value or lifestyle? What are the strata or council rates, and are there any additional costs associated with the property?

20 Margaret Street, South Yarra, Vic 3141 - More Details

EOI (unless sold prior)$1,900,000 - $2,090,000

WHAT
Beyond the charming picket fence and beautifully manicured hedging, this elegant weatherboard residence delivers the timeless appeal so highly sought after in South Yarra. Positioned in a peaceful inner-city street, the home immediately impresses with its grand hallway entrance, soaring ceilings, pendant lighting and exquisite period detailing throughout. Immaculately presented inside and out, it offers three generous bedrooms, a stylish modern bathroom, spacious living and dining zones and a versatile studio or multipurpose room, creating a home that's ready to move straight in, enjoy or lease with confidence.

• Three oversized bedrooms and a stylish modern bathroom
• Grand hallway, high ceilings and beautiful period character throughout
• Versatile rear multipurpose room offering additional flexibility

WHY
A home that effortlessly blends character, comfort and low-maintenance living, this is ideal for professionals, families, downsizers and investors seeking a premium South Yarra lifestyle. The spacious kitchen offers excellent bench space, an oven and five-burner gas cooktop, while the adjoining dining and living zones create a welcoming space to gather and unwind. Outside, a private rear yard with covered alfresco entertaining, established garden beds and paved surrounds provides a peaceful retreat, while the studio adds valuable space for working, creating, exercising or additional storage.

• Spacious kitchen with five-burner gas cooktop and generous preparation space
• Private covered alfresco, paved courtyard and landscaped garden surrounds
• Split-system air conditioning, wall heating and versatile rear multipurpose room

WHERE
Enjoy the privilege of living in one of Melbourne's most desirable lifestyle locations, where beautiful parklands, vibrant dining precincts and city convenience are all within easy reach. Spend weekends walking through Fawkner Park or around Albert Park Lake, enjoy the cafés, restaurants and boutiques of Chapel Street, or take advantage of excellent public transport via Prahran Station. Zoned to South Yarra Primary School and Prahran High School and close to Wesley College, this blue-chip address offers exceptional lifestyle appeal and long-term convenience.

• Walk to Fawkner Park, Albert Park Lake and Chapel Street precinct
• Zoned to South Yarra Primary School and Prahran High School
• Close to Prahran Station, The Como Centre and CityLink access
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

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