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
2/9 Affleck St, South Yarra3PriceHousePrivate Sale23/07/2026Jellis CraigView
20/4 Gordon Gr, South Yarra2PriceApartmentPrivate Sale20/07/2026Jellis Craig

Sales data

Median sale price
$2.5mil
Quarterly price change
13%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsSouth YarraMetro comparison
2$1,453,000$950,000
3$2,225,000$872,000
4$2,975,000$990,000
InsightSouth YarraMetro comparison
Clearance rate63.9%68.8%
Days on market3242

Rental data

Median weekly rent
$885
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.1%
BedroomsSouth YarraMetro comparison
2$788$600
3$1,200$560
4$1,550$600
Median data for the current quarter
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