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
3/36 Kensington Rd, South Yarra1PriceApartmentPrivate Sale21/07/2026Belle Property South Yarra
11/16 Kensington Rd, South Yarra2PriceApartmentPrivate Sale22/06/2026Belle Property South Yarra
5 Barry St, South Yarra3PriceHouseAuction Sale31/07/2026RT Edgar
2702/3 Yarra St, South Yarra2PriceApartmentPrivate Sale16/07/2026L Real EstateView
401/2 Claremont St, South Yarra2PriceApartmentPrivate Sale15/07/2026Buxton StonningtonView
3/47 Marne St, South Yarra1PriceApartmentPrivate Sale15/07/2026Belle Property South Yarra

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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