Market snapshot

Suburb insights for South Yarra3141

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South Yarra is located 3 km south-east of the CBD and south of the Yarra River. It is a primarily residential and commercial suburb. The suburb's commercial districts are based on Chapel Street and Toorak Road. South Yarra features Fawkner Park Rockley Gardens and Hawksburn Railway Station and South Yarra Railway Station a major railway junction for a number of railway lines across Metropolitan Melbourne.

Recent sales and auction results in South Yarra

AddressBedroomsPriceTypeMethodSale DateAgentListing
5 Myrtle St, South yarra2PriceHouse (Res)Auction Sale28/03/2025Jellis CraigView
38 Wilson St, South yarra2PriceApartmentPassed in Vendor Bid28/03/2025Jellis CraigView

Sales data

Median sale price
$1.8mil
Quarterly price change
-27%
Metro Melbourne Comparison
$923k
2.7%
BedroomsSouth YarraMetro comparison
2$1,357,250$881,200
3$2,022,500$810,000
4$3,421,000$942,350
InsightSouth YarraMetro comparison
Clearance rate76.3%78.5%
Days on market3942

Rental data

Median weekly rent
$913
Rental yield
2.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsSouth YarraMetro comparison
2$780$580
3$1,125$550
4$1,750$600
Median data for the current quarter
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