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
418/32 Bray St, South Yarra1PriceApartmentPrivate Sale10/01/2026MICM Real EstateView
601/50 Claremont St, South Yarra1PriceApartmentPrivate Sale9/01/2026Buxton StonningtonView
709/35 Malcolm St, South Yarra2PriceApartmentPrivate Sale17/01/2026VICPROP - Brunswick & ResevoirView
1.3/85 Alexandra Av, South Yarra3PriceApartmentPrivate Sale16/01/2026Jellis CraigView

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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