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
603/25 Wilson St, South Yarra2PriceApartmentPrivate Sale30/08/2026BigginScottView
4 Phoenix St, South Yarra2PriceUnitPrivate Sale27/08/2026Buxton Stonnington
2308/35 Malcolm St, South Yarra1PriceApartmentPrivate Sale23/08/2026MREView
20/213 Williams Rd, South Yarra1PriceApartmentPrivate Sale2/08/2026MREView
8 Cromwell Cr, South Yarra4PriceHouseAuction Sale11/09/2026Woodards South YarraView
3/38 Kensington Rd, South Yarra1PriceApartmentPassed in at Auction11/09/2026Savvi - Real Estate
138 Surrey Rd, South Yarra2PriceHousePrivate Sale20/08/2026Abercromby's RE

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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