Suburb

Market snapshot

Suburb insights for South Yarra3141

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South Yarra, approximately 4 km southeast of Melbourne's CBD, is a prestigious and cosmopolitan inner-city suburb known for its blend of luxury living and vibrant urban culture. Its shopping and dining precincts, along Chapel Street and Toorak Road, offer a rich mix of high-end boutiques, cafés, bars, and entertainment venues. The suburb is also celebrated for its leafy boulevards and access to major green spaces, such as Fawkner Park and the Domain parklands, as well as top-tier schools and heritage architecture.

Recent sales and auction results in South Yarra

AddressBedroomsPriceTypeMethodSale DateAgentListing
2/45 Kensington Rd, South Yarra2PriceApartmentPrivate Sale27/11/2025Buxton StonningtonView
10D Stables La, South Yarra1PriceHousePrivate Sale15/12/2025Zed Real EstateView
7/7 Argo St, South Yarra2PriceApartmentPrivate Sale14/12/2025Home AU Real Estate
1-6/11 Park St, South Yarra6PriceBlock of UnitsPrivate Sale7/12/2025Woodards South YarraView
42 Arthur St, South Yarra4PriceHousePrivate Sale3/12/2025Jellis CraigView
203/35 Simmons St, South Yarra2PriceApartmentPrivate Sale28/11/2025Woodards South YarraView
1/87 Caroline St, South Yarra1PriceApartmentPrivate Sale27/11/2025Woodards South YarraView

Sales data

Median sale price
$2.1mil
Quarterly price change
-8.2%
Metro Melbourne Comparison
$974k
1.8%
BedroomsSouth YarraMetro comparison
2$1,437,500$940,000
3$2,162,500$851,000
4$2,950,000$970,000
InsightSouth YarraMetro comparison
Clearance rate80.3%77.8%
Days on market3536

Rental data

Median weekly rent
$900
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.2%
BedroomsSouth YarraMetro comparison
2$795$585
3$1,150$550
4$1,550$600
Median data for the current quarter

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