Yarra House - 18 Yarra Street, South Yarra

<html><body>
South Yarra has consistently been a hot spot for apartment development for some time, yet the suburb's Forrest Hill Precinct continues an unprecedented surge of large-scale planning applications which continue to land with City of Stonnington.

The latest to join the ranks is 37-41 Claremont Street with Artisan Architects last week submitting plans for a 31 level residential tower on behalf of LK Property Group. Sold by CBRE City Sales during June of this year, the 970sqm site will likely see 324 new apartments added toward the northern end of Forrest Hill Precinct.

Incidentally 37-41 Claremont Street is LK Property Group's third current foray into the South Yarra apartment market with Gisele at 300 Toorak Road under construction and the suburb's tallest proposal, <a href="https://www.urban.com.au/buildings/capitol-grand-241-toorak-road-south-yarra">Capitol Grand</a>, at sales.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/12189526_1146896592007142_6297621148415691697_n.jpg" rel="gallery-all" title="Street level perspective of the proposed tower. Image courtesy Artisan Architects"><img alt="" class="image-article-full-width-580px" height="511" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/12189526_1146896592007142_6297621148415691697_n.jpg?itok=eRlu9feR" title="Street level perspective of the proposed tower. Image courtesy Artisan Architects" width="580"></a>

<figcaption>Street level perspective of the latest addition. Image courtesy Artisan Architects</figcaption></figure>The Forrest Hill tower will also accommodate 182 vehicles and 920sqm of commercial floor space within a building holding 36,546sqm of GFA, placing it among the precinct's largest. 37-41 Claremont Street is also another collaboration between architect and developer, following on from Opus Tower on City Road which has all but topped out.

<h2>Forrest Hill by the numbers</h2>

Currently the <a href="https://www.urban.com.au/developments?field_lga_tid=120&amp;items_per_page=10">Forrest Hill subcategory</a> within the Urban.com.au project database is holding 13 high-rise residential towers which are at various stages of the development cycle, with a combined yield of 3,010 apartments. Yarra House and Lucia are at the tail end of construction while Claremont Manor's floorplate is above ground. The remainder are at planning, approved or registrations &amp; sales.

The four most recent planning applications lodged with City of Stonnington do tell a story of a more adventurous Forrest Hill Precinct of late. 42-48 Claremont, 671 Chapel, 37-41 Claremont and 16-22 Claremont are all considerably taller than the average Forrest Hill build over the history of the renewal precinct, and account for 1,216 dwellings or 40% of all apartments currently monitored by Urban.com.au.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/syarra.jpg" rel="gallery-all" title="The most recent quartet looking for their place within Forrest Hill"><img alt="" class="image-article-full-width-580px" height="384" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/syarra.jpg?itok=G-_14HMy" title="The most recent quartet looking for their place within Forrest Hill" width="580"></a>

<figcaption>The most recent quartet looking for their place within Forrest Hill</figcaption></figure>The largest of all apartment developments within the precinct is yet to appear publicly. According to <a href="http://www.theaustralian.com.au/business/property/fridcorp-harry-goles-plan-apartment-towers-worth-800m-in-melbourne/story-fnko7zi0-1227439130820">The Australian</a>, Fridcorp's 627 Chapel Street will hold roughly 550 apartments in a $500 million mixed-use tower that will rival neighbour Capitol Grand at approximately 150 metres in height.

An overview of all current major apartment developments within South Yarra's Forrest Hill Precinct is seen below.

Lead image courtesy CBRE City Sales
</body></html>

silvermb

Forrest Hill's apartment numbers are big and getting bigger

South Yarra is experiencing an apartment construction boom at the moment with no less than thirteen major apartment developments sprouting skyward. Comfortably surpassing the established might of Southbank, South Yarra is second only to Melbourne&#39;s CBD in terms of the number of major projects under construction.

Combined, these thirteen projects are according to the Urban.com.au Project Database delivering 1,784 new dwellings to South Yarra, with an assumption that this would equate to approximately 3,500 additional postcode 3141 residents.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_5330.jpg" rel="gallery-all" title="The epicentre that is Forrest Hill"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_5330.jpg?itok=Hi6lYAVY" title="The epicentre that is Forrest Hill" width="580" /></a>

<figcaption>The epicentre that is Forrest Hill, as seen from Claremont Street</figcaption>
</figure>

At the core of South Yarra&#39;s apartment success is Forrest Hill; the once low-rise industrial and commercial pocket was earmarked as an urban renewal precinct during 2005. While a steady trickle of projects have seen tower cranes populating the precinct ever since, it&#39;s only a decade later in the early stages of 2015 where Forrest Hill&#39;s full might is on display.

Seven of the current crop are located within Forrest Hill precinct, including <a href="/buildings/lucia-chiara-4-daly-street-south-yarra">Lucia/Chiara</a> and <a href="https://www.urban.com.au/buildings/central-south-yarra-3-yarra-street-south-yarra">Central South Yarra</a> who between them account for 782 of the overall 1,784 apartments under construction. The image above capturing Forrest Hill&#39;s Claremont Street holds <a href="https://www.urban.com.au/buildings/prime-tower-47-claremont-street-south-yarra">Prime Tower</a>, <a href="https://www.urban.com.au/buildings/claremont-manor-7-claremont-street-south-yarra">Claremont Manor</a>, <a href="/buildings/district-apartment-hotels-10-claremont-street-south-yarra">Alto</a> and <a href="https://www.urban.com.au/buildings/ella-2-claremont-street-south-yarra">Ella</a>; all at varying stages of construction and cumulatively contributing a further 668 apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/img_5344.jpg" rel="gallery-all" title="Central South Yarra rising above it all"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_5344.jpg?itok=2nrVnope" title="Central South Yarra rising above it all" width="580" /></a>

<figcaption>Central South Yarra rising above it all</figcaption>
</figure>

<a href="https://www.urban.com.au/buildings/yarra-house-18-yarra-street-south-yarra">Yarra House</a> also finds itself in Forrest Hill precinct, with the remaining projects under construction spread throughout the suburb. Projects west of Chapel Street include <a href="https://www.urban.com.au/buildings/six-murphy-6-murphy-street-south-yarra">6 Murphy Street</a>, <a href="https://www.urban.com.au/buildings/eight-murphy-8-murphy-street-south-yarra">8 Murphy Street</a>, The Hill Apartments and <a href="https://www.urban.com.au/buildings/her-majestys-apartments-52-davis-avenue-south-yarra">Her Majesty&#39;s Apartments</a>. <a href="https://www.urban.com.au/buildings/gisele-300-toorak-road-south-yarra">Gisele</a> and <a href="https://www.urban.com.au/buildings/pure-apartments-42-wilson-street-south-yarra">Pure Apartments</a> find themselves to the east of Chapel Street with the latter located in the emerging Garden/Wilson Street area.

While the current level of construction is robust in South Yarra, the next wave of projects heading toward construction in the near to medium term is impressive in itself. Of those apartment projects at registrations or sales, the list is headlined by LK Property&#39;s <a href="/buildings/capitol-grand-241-toorak-road-south-yarra">Capitol Grand</a> which at 193 metres in height would be South Yarra&#39;s signature built form.

Others included at registrations or sales are <a href="/buildings/wil-co-34-wilson-street-south-yarra">Wil&amp;Co</a>, <a href="https://www.urban.com.au/buildings/ralston-22-toorak-road-south-yarra">Ralston</a>, <a href="https://www.urban.com.au/buildings/essence-35-wilson-street-south-yarra">Essence</a> and The Elfin. Also watch out for <a href="/buildings/661-chapel-street-661-chapel-street-south-yarra">661 Chapel Street</a> progressing in the not too distant future.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image19_0.jpg" rel="gallery-all" title="Capitol Grand, 661 Chapel, Wil&amp;Co. Images courtesy Bates Smart, BDLC, McLaren"><img alt="" class="image-article-full-width-580px" height="283" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image19_0.jpg?itok=NfMaG6ly" title="Capitol Grand, 661 Chapel, Wil&amp;Co. Images courtesy Bates Smart, BDLC, McLaren" width="580" /></a>

<figcaption>Capitol Grand, 661 Chapel, Wil&amp;Co. Images courtesy Bates Smart, BDLC, McLaren</figcaption>
</figure>

With many projects still to be added, the current overall list of 28 apartment projects within South Yarra can be found on the Urban.com.au <a href="https://www.urban.com.au/developments">Project Database</a>.

South Yarra in full b(l)oom

<html><body>
Some pizazz has re-entered the top end of the Melbourne apartment market with a handful of penthouse offerings jostling to take centre stage. Far from the investor-driven stock of Melbourne's CBD towers, two current projects are showing their wares in the pedigree stakes.

Perhaps a sign of South Yarra's still exceptional pulling power, the two current projects are located within the locality maintaining differing but spectacular penthouses on offer for.

<h2>Washington Street</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/140908_-_washington_street_-_r001_-_elevation_2000.jpg" rel="gallery-all" title="Looking to set a new benchmark. Image courtesy Orchard Piper"><img alt="" class="image-article-full-width-580px" height="278" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/140908_-_washington_street_-_r001_-_elevation_2000.jpg?itok=Sb8Skl-G" title="Looking to set a new benchmark. Image courtesy Orchard Piper" width="580"></a>

<figcaption>Looking to set a new benchmark. Image courtesy Orchard Piper</figcaption></figure>Jolson Architecture have conceived a fresh project for developer Orchard Piper titled Washington Street. Six oversize dwellings will be located within the three level complex, including a 'super penthouse' expected to fetch in excess of $15 million. A breakdown of internal area size speaks toward the luxury status of Washington Street.

Dual ground floor residences range between 589sqm and 648sqm, including large external terrace/gardens in excess 200sqm. Three first floor abodes average 260sqm of internal living while the 'super penthouse' is precisely that: 570sqm of internal space complimented by a 372sqm external terrace. A total of 942sqm ranks Washington Street's penthouse as one of the largest penthouse apartments available in Melbourne.

<blockquote>
Luxury to us is about making the most of the intangibles, such as light, proportion and aspect, not just the combination of the most expensive items available. We achieve a greater outcome by focusing on creating value through relentless and obsessive design.

Saving money through value management is a fruitless task when compared to the benefit of a truly design led outcome. It’s very rare to find a site where you can completely take the brakes of your design team. Washington Street is a true expression of the collaborative talents we have employed on this project.
<cite>Luke McKie, Orchard Piper</cite>
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/140908_-_washington_-_r013_-_bed_20001.jpg" rel="gallery-all" title="An extended bedroom goes toward Washington Street's prowess. Image courtesy Orchard Piper"><img alt="" class="image-article-full-width-580px" height="363" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/140908_-_washington_-_r013_-_bed_20001.jpg?itok=r9Mbngzy" title="An extended bedroom goes toward Washington Street's prowess. Image courtesy Orchard Piper" width="580"></a>

<figcaption>An extended bedroom goes toward Washington Street's grandeur. Image courtesy Orchard Piper</figcaption></figure><h2>Yarra House</h2>

On a smaller land plot yet with height and never-to-be-built-out views to burn, the under construction Yarra House aims to bring dual penthouses to the South Yarra's Forrest Hill precinct. Designed by Scott Walker of Hassell Studio, the ‘North East Penthouse’ and ‘North West Penthouse’ together act as the crowning glory for the 26 level tower.

Refined stone benchtops, bespoke ensuites, fireplaces, floor-to-ceiling glazing, extensive walk-in robes, designated studies, kitchen walk-in pantries and entertaining space are included in the either three or four-bedroom residences, depending upon the buyers preference. At up to $3.995 million the penthouses represent a departure from the norm in Forrest Hill.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yate8000_yarra_hp_v19_penthouse_01_to_view.jpg" rel="gallery-all" title="The best of Yarra House. Image courtesy Michael Yates &amp; Co"><img alt="" class="image-article-full-width-580px" height="322" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/yate8000_yarra_hp_v19_penthouse_01_to_view.jpg?itok=I9jZVw5X" title="The best of Yarra House. Image courtesy Michael Yates &amp; Co" width="580"></a>

<figcaption>The best of Yarra House. Image courtesy Michael Yates &amp; Co</figcaption></figure>Closer to the CBD a number of other prestige penthouse apartments and developments have appeared on the radar. Urban.com.au highlighted what will likely be Melbourne's most exclusive development at <a href="https://www.urban.com.au/news/is-this-melbournes-most-exclusive-and-expensive-apartment-development">502 Albert Street, East Melbourne</a> with its massive sky homes, each of which could be considered a penthouse in its own right.

That a handful of luxury penthouses have been released to market loosely around the same time tends to suggest that the top end of the apartment market is still quite healthy with perceived underlying demand; the proof is in the penthouse (so to speak).
</body></html>

Return of the luxury penthouse

<html><body>
A few short weeks ago, Urban.com.au highlighted South Yarra's steamrolling ability to continually accommodate new residential apartment projects.

Latest cab off the rank is Claremont Manor, which has seen a slew of new images and information released in preparation for sales. Although the display suite adjoining the site at 3-9 Claremont Street suite has yet to been completed, the project was highlighted as part of the Melbourne Property Expo Event held in Singapore over the weekend.

Described by lead architect Bird de la Coeur as two interlocking black and white towers that contrast against one another, the two buildings will host 318 apartments, commercial and retail spaces over 20 levels. The project is the latest from <a href="http://www.southlinkdevelopments.com.au/" target="_blank">Southlink Developments</a> and according to their website, represents the largest of the firm's current batch of projects.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image42_0.jpg" rel="gallery-all" title="Claremont Manor ground level. Image © Bird de la Coeur"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image42_0.jpg?itok=jdtVhkuM" style="height:263px; width:580px" title="Claremont Manor ground level. Image © Bird de la Coeur"></a>

Claremont Manor may be the forefront at the queue of South Yarra apartment towers, but it's far from the largest. Earlier this year, 661 Chapel Street gained planning approval following ministerial intervention by Matthew Guy in conjunction with the Minister for Education.

First highlighted <a href="https://www.urban.com.au/news/take-it-either-way-661-chapel-street-planning-application" target="_blank">in May last year</a>, 661 Chapel Street's form has changed markedly from the initial design dual designs put forth for approval. Dual in that the initial application included a second altered design, which seeded part of the site to Melbourne High School for a potential five level mixed-use facility, which has since been seeking planning approval separately.

Subsequently 661 Chapel has grown in overall height to near on 94 metres while the tower's frontage to Chapel Street has decreased, presumably in an effort to maintain a similar built wall height of approximately 50 metres to neighbouring towers such as Avenue and Olsen Hotel. Controlled by developer Michael L Yates &amp; Co and created once more by Bird de la Coeur, the 261 apartment building is likely the prolific developer's next project due for release, following the success of <a href="https://www.urban.com.au/buildings/yarra-house-18-yarra-street-south-yarra" target="_blank">Yarra House</a> which is now under construction.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image41_4.jpg" rel="gallery-all" title="661 Chapel Street. Image © Bird de la Coeur"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image41_4.jpg?itok=HWbAmLiO" style="height:826px; width:580px" title="661 Chapel Street. Image © Bird de la Coeur"></a>

Not to be outdone is LK Property Group, which according to varying media outlets is the new owner of the Fun Factory/Capitol Bakeries super site fronting Toorak Road and Chapel Street. Holding approval for a Bates Smart-designed 136 metre residential tower, it's uncertain if the developer will proceed with the rejigged 486-apartment giant seen below or pursue another scheme.

Based on the strong sales of LK Property's current notable residential projects, <a href="https://www.urban.com.au/buildings/gisele-300-toorak-road-south-yarra" target="_blank">Gisele</a> and <a href="/new-apartments/southbank-vic-3006">The Opus Tower</a>, it's not outlandish to suggest that after 25 years of failed attempts to develop the prime site, its time is nearly upon us.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image9_5_0.jpg" rel="gallery-all" title="241 Toorak Road. Image © Bates Smart"><img alt="" class="image-article-full-width-580px" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image9_5_0.jpg?itok=C8PI-z6x" style="height:241px; width:580px" title="241 Toorak Road. Image © Bates Smart"></a>
</body></html>

South Yarra residential towers keep coming

<html><body>
Residential projects keep piling into South Yarra's Forrest Hill Precinct with the latest development at sales titled <a href="http://primetower.com.au/" target="_blank">Prime Tower</a>. Formerly home to private investment and property development business Lyons Capital, 47 Claremont Street's ownership now lies with another Melbourne-based developer, <a href="http://www.alpha14.com.au/" target="_blank">Alpha 14</a>.
Designed by Richmond-based David Earle Architects, Prime Tower will span 15 levels or 53 metres and hold 59 apartments over one and two-bedroom formats. Included within the distinct blue and yellow, 6 star energy rated building are allowances for 40 vehicles and 25 bicycles.
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1_3.jpg" rel="gallery-all" title="Prime Tower's entry point. Image © David Earle Architects"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/1_3.jpg?itok=KOhuwVWY" title="Prime Tower's entry point. Image © David Earle Architects" width="580"></a>
<h2>
	Forrest Hill as a whole</h2>
A 2013 report delivered by property consultancy Charter Keck Cramer outlines the current and future prospects of the precinct:
<blockquote>
	Forrest Hill is now characterised as a mixed use development, with in excess of 30 properties in the precinct either developed, under construction or at varying stages of development commencing preparation. Research by Charter Keck Cramer and Urbis both indicate that circa 3000 new apartments are expected to be delivered over the next ten years, driving the population to approximately 5000 by 2020, while employment is anticipated to grow to approximately 6000 by 2020.
</blockquote>
The precinct's most active architect, <a href="http://birddelacoeur.com.au/projects/details/forrest-hill-precinct" target="_blank">Bird de la Coeur</a> states:
<blockquote>
	In December 2005, Stonnington Council adopted the Forrest Hill Precinct Structure Plan, which included the implementation of an east-west pedestrian link and enhancements to the streetscape, public realm and infrastructure to accommodate this new high-density activity.
	A total $4 billion worth of development is slated for the precinct. By 2018, 10,000 people are expected to live and work here. The location - next to the railway station, near major tram routes and close to arterial roads and the Monash Freeway - makes Forrest Hill a showpiece for Melbourne's urban consolidation.
</blockquote>
<h2>
	Current precinct activity</h2>
The hum of construction activity reverberates through Forrest Hill with five major apartment projects currently moving skyward. Ella, Lucia/Chiara, Yarra House, Central South Yarra and Alto Apartments together are adding a massive 1179 dwellings to the precinct with roughly 3000 new residents to follow.
In addition to Prime Tower, the soon to be released Claremont Manor and a rejigged Capitol Tower have the ability to further add 863 apartments to the mix.
<h2>
	A new urban environment</h2>
<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Image8_16.jpg" rel="gallery-all" title="Image © goodfood.com.au &amp; POC Commercial"><img alt="" class="image-article-full-width-580px" height="225" src="/sites/urbanmelbourne.info/files/styles/article_full_width_580px/public/pictures/article-images/Image8_16.jpg?itok=cuMhoAFu" title="Image © goodfood.com.au &amp; POC Commercial" width="580"></a>
The precinct's ability to morph into a mixed-use hub has been successful beyond doubt, but what of the environment at street level. Has enough been done to activate and beautify the public realm to match the success of the many towers that surround it?
Aside from Zumbo Patissier, Two Birds One Stone and Yarra Lane the area still feels somewhat barren at street level. Works similar to those performed on Cremorne Street would fit in quite well particularly along Claremont Street; <a href="http://library.melbournewater.com.au/content/wsud/Case_Studies/Cremorne_St_Richmond.pdf" target="_blank">Bio-retention basins</a> and increased greenery fit the bill, but this is a topic for another day.
Forrest Hill continues to be a runaway success, yet as suitable sites within the precinct diminish in number it will be interesting to see the size and scope of future projects, and what they may add to the overall Forrest Hill experience.
</body></html>

Yarra House

Sales Status

Apartments

Buildings

Building Type

More about “Yarra House - 18 Yarra Street, South Yarra”

Location of Yarra House

Education options which are nearby Yarra House

You may also like

News about Yarra House

Forrest Hill's apartment numbers are big and getting bigger

South Yarra in full b(l)oom

Return of the luxury penthouse

South Yarra residential towers keep coming

Prime Time in Forrest Hill

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.