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
1/38 Kensington Rd, South Yarra1PriceApartmentPrivate Sale15/03/2026Belle Property South Yarra
7/765 Punt Rd, South Yarra1PriceApartmentPrivate Sale10/03/2026Buxton StonningtonView
2312/3 Yarra St, South Yarra1PriceApartmentPrivate Sale8/03/2026Buxton StonningtonView
4/136 Anderson St, South Yarra3PriceApartmentPrivate Sale27/03/2026Kay & Burton
28 Tyrone St, South Yarra2PriceHousePrivate Sale25/03/2026Woodards South Yarra
11/63 Millswyn St, South Yarra2PriceApartmentPrivate Sale18/03/2026Woodards South YarraView
1005/8 Daly St, South Yarra2PriceApartmentPrivate Sale17/03/2026LJ Hooker City Residential
9/37 Fawkner St, South Yarra1PriceApartmentPrivate Sale17/03/2026Belle Property South Yarra
2/38 Murphy St, South Yarra3PriceUnitPrivate Sale17/03/2026Jellis Craig

Sales data

Median sale price
$2.3mil
Quarterly price change
8.3%
Metro Melbourne Comparison
$992k
1.9%
BedroomsSouth YarraMetro comparison
2$1,470,000$950,000
3$2,262,500$863,000
4$2,930,000$980,500
InsightSouth YarraMetro comparison
Clearance rate72.3%74.9%
Days on market3537

Rental data

Median weekly rent
$900
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.1%
BedroomsSouth YarraMetro comparison
2$795$595
3$1,175$550
4$1,650$595
Median data for the current quarter
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