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South Yarra
VIC, 3141 - Stonnington

Thinking about buying in South Yarra? Now could not be a better time, with 28570 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,521,000 with prices in this suburb ranging from $38,000 to $37,592,000. South Yarra is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $446.10
Median Monthly Mortgage $2347.45
Median Persons Per Bedroom 0.97
Average Household Size 1.95
Average Age 34.50
Average Income $1435.35
Average Cars Per Dwelling 0.96
Average Properties Within 50M 313

Housing Stock

Average Property Prices

1 Bed  $529,000
2 Bed  $1,185,000
3 Bed  $3,324,000
4 Bed  $5,096,000
5 Bed  $7,061,000
6 Bed+$5,419,000

South Yarra Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in South Yarra driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in South Yarra ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in South Yarra classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in South Yarra necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

South Yarra is a suburb in inner Melbourne, Victoria, and is split between two local government areas – The Cities of Melbourne and Stonnington. First established in 1850, with South Yarra Post Office first opening in 1854, South Yarra has grown into a hub of commerce, night life and entertainment. The two most popular streets for retail, Chapel Street and Toorak Road, are densely populated with up-market shopping destinations and eateries. South Yarra is an eclectic mixture of types of accommodation, ranging from modern apartment complexes to beautiful Victorian mansions and covering everything in-between; the variety in the architectural style of the suburb reflects its diverse culture perfectly.

South Yarra is just 4 kilometres from the centre of Melbourne, making it an opportunely placed suburb for residents requiring quick and convenient access o the city. The vibrant, bustling commercial sector that runs through the suburb, coupled with the excellent connections to central Melbourne and the surrounding areas, make South Yarra an exciting and sought after place to own property, well-serviced by excellent public facilities and full of developmental opportunity and promise.

Units for sale South Yarra

Belle Property apartment 311, 657 chapel st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $690,000 - $730,000
Belle Property flat 9, 21 adams st, south yarra, vic, 3141 Beds Bathrooms Under Contract
Belle Property unit 1105, 800 chapel st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 2 Private Sale $990,000
Belle Property unit 56, 85 alexandra av, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 $950,000 - $1,040,000
Belle Property unit 6c, 381 toorak rd, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 2 Private Sale $850,000 - $880,000
Belle Property unit 8, 31 howitt st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $320,000
Belle Property unit 1202, 1 clara st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $725,000
Belle Property unit 401, 89 river st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 $850,000 - $890,000
Belle Property unit 1, 19 yarra st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $440,000 - $480,000
Belle Property unit 7, 55 surrey rd, south yarra, vic, 3141 Beds1 Bathrooms1 Contact Agent
Belle Property apartment 204, 657 chapel st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 2 Private Sale
Belle Property unit 12, 37 fitzgerald st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $295,000 - $320,000
Belle Property unit 1010, 32 bray st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 Private Sale $790,000 - $830,000
Belle Property unit 316, 12 yarra st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 Private Sale $550,000
Belle Property unit 7, 17 darling st, south yarra, vic, 3141 Beds1 Bathrooms1 $300,000 - $330,000
Belle Property flat 7, 57 adams st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Private Sale $500,000 - $550,000
Belle Property unit 16, 77 river st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Private Sale $360,000 - $395,000
Belle Property unit 1c, 381 toorak rd, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 Private Sale $680,000 - $730,000
Belle Property unit 1204, 800 chapel st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 2 Private Sale $1,220,000 - $1,300,000
Belle Property unit 22, 63 darling st, south yarra, vic, 3141 Beds2 Bathrooms1 $810,000 - $890,000
Belle Property unit 418, 681 chapel st, south yarra, vic, 3141 Beds1 Bathrooms1 $390,000 - $425,000
Belle Property unit 11, 382 toorak rd, south yarra, vic, 3141 Beds3 Bathrooms2 Parking 1 Under Offer
Belle Property unit 11, 388 toorak rd, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $350,000 - $380,000
Belle Property unit 907, 32 bray st, south yarra, vic, 3141 Beds1 Bathrooms1 $300,000 - $325,000
Belle Property unit 9, 44 albion st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $390,000 - $420,000
Belle Property unit 1607, 18 claremont st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Private Sale $500,000 - $550,000
Belle Property unit 4, 7a motherwell st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $400,000 - $440,000
Belle Property unit 9, 470 punt rd, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Under Contract
Belle Property unit 19, 273 williams rd, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Private Sale $399,000
Belle Property 53a surrey rd, south yarra, vic, 3141 Beds4 Bathrooms2 Parking 2 Private Sale $2,600,000 - $2,850,000
Belle Property unit 10, 49 tivoli rd, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 Private Sale - $640,000 - $670,000
Belle Property unit 11, 87 caroline st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Under Offer
Belle Property apartment 405, 5 wilson st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $590,000 - $610,000
Belle Property unit 903, 666 chapel st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $899,000
Fletchers unit 10, 2 stanhope ct, south yarra, vic, 3141 Beds3 Bathrooms2 Parking 2 For Sale $2,100,000 - $2,300,000
Nelson Alexander unit 405, 77 river st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 Under Offer
Nelson Alexander apartment 1608, 2 claremont st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $750 pw / $3259 pcm
Professionals 21 commercial rd, south yarra, vic, 3141 Beds3 Bathrooms1 $1,225,000
Ray White unit 1616, 8 daly st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 0 380000
Ray White unit 208, 8 daly st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 500000
Ray White unit 103, 77 river st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 345000
Ray White apartment 302, 28 wilson st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 0 350000
Ray White unit 206, 24 wilson st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 395000
Ray White unit 6, 10 affleck st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 0 350000
Ray White unit 7, 35 phoenix st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 0 455000
The Agency unit 108, 20 garden st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $385,000 - $420,000
Woodards unit 31, 380 toorak rd, south yarra, vic, 3141 Beds3 Bathrooms2 Parking 2 $1,450,000 - $1,500,000
Woodards unit 1012, 7 yarra st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $290,000 - $310,000
Woodards unit 1812, 3 yarra st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $410,000
Woodards unit 9, 4 davidson st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 2 $650,000
Woodards unit 2, 45 caroline st, south yarra, vic, 3141 Beds2 Bathrooms1 Parking 1 $580,000 - $620,000
Woodards unit 4, 4 powell st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $450,000
Woodards unit 4, 49 davis av, south yarra, vic, 3141 Beds2 Bathrooms1 $480,000 - $525,000
Woodards unit 14, 22a rockley rd, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $430,000 - $473,000
Woodards flat 7, 11-21 marne st, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $730,000 - $800,000
Woodards unit 609, 77 river st, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 1 $650,000 - $700,000
Woodards unit 206, 35 simmons st, south yarra, vic, 3141 Beds1 Bathrooms1 OFF-MARKET $385,000
Woodards unit 11, 48 darling st, south yarra, vic, 3141 Beds3 Bathrooms1 Parking 1 OFF-MARKET $725,000
Woodards unit 802, 1 almeida cr, south yarra, vic, 3141 Beds2 Bathrooms2 Parking 2 $1,050,000 - $1,150,000
Woodards unit 2, 39-41 kensington rd, south yarra, vic, 3141 Beds3 Bathrooms1 Parking 1 $1,500,000 - $1,600,000
Woodards unit 12, 43 rockley rd, south yarra, vic, 3141 Beds1 Bathrooms1 Parking 1 $500,000 - $540,000
Woodards unit 4, 1 clara st, south yarra, vic, 3141 Beds1 Bathrooms1 $375,000 to $400,000

Local Schools

South Yarra Primary School

Kamaruka

Melbourne High School

Christ Church Grammar School

Melbourne Girls Grammar

Melbourne Grammar School

MacRobertson Girls High School

Richmond Primary School

Wesley College

Victorian College For The Deaf

(While the above schools are located with the suburb of South Yarra there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

South Yarra weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

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Nearby Suburbs

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