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
1/3 Clara St, South Yarra2PriceApartmentPrivate Sale20/09/2026Buxton StonningtonView
9/47 Rockley Rd, South Yarra1PriceApartmentPrivate Sale10/09/2026Belle Property South Yarra
7C/381 Toorak Rd, South Yarra2PriceApartmentPrivate Sale8/09/2026Belle Property South Yarra
1 Hawksburn Rd, South Yarra5PriceHousePrivate Sale18/09/2026Abercromby's REView
12/7A Motherwell St, South Yarra1PriceApartmentPrivate Sale14/09/2026Jellis Craig
603/35 Simmons St, South Yarra2PriceApartmentPrivate Sale8/09/2026Gary Peer & Associates

Sales data

Median sale price
$1.9mil
Quarterly price change
-22.2%
Metro Melbourne Comparison
$943k
-0.7%
BedroomsSouth YarraMetro comparison
2$1,453,000$930,500
3$2,115,000$870,000
4$2,725,000$990,000
InsightSouth YarraMetro comparison
Clearance rate86.7%69.4%
Days on market3545

Rental data

Median weekly rent
$880
Rental yield
2.2%
Metro Melbourne Comparison
$590
3.2%
BedroomsSouth YarraMetro comparison
2$780$615
3$1,150$570
4$1,848$600
Median data for the current quarter
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