Back

All About South Yarra, Stonnington, VIC, 3141

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.

Household Makeup

Median Weekly Rent	$446.10
Median Monthly Mortgage	$2347.45
Median Persons Per bed houseroom	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
Typical 1 bed house	$529,000
Typical 2 bed house	$1,185,000
Typical 3 bed house	$3,324,000
Typical 4 bed house	$5,096,000
Typical 5 bed house	$7,061,000
Typical 6 bed+ house	$5,419,000

Housing Stock

Local Internet Speeds

Download 25 Mbps / Upload 5 Mbps

South Yarra Real Estate Market Outlook

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.

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.

Instant Property Valuation

Units for sale South Yarra

Unit 207, 8 Garden Street, South Yarra, VIC, 3141	1	1	0	$375,000-$410,000
Apartment 311, 657 Chapel Street, South Yarra, VIC, 3141	2	1	1	$690,000 - $730,000
Unit 1105, 800 Chapel Street, South Yarra, VIC, 3141	2	2	2	Private Sale $990,000
Unit 56, 85 Alexandra Avenue, South Yarra, VIC, 3141	2	2	1	$950,000 - $1,040,000
Unit 6C, 381 Toorak Road, South Yarra, VIC, 3141	2	2	2	Private Sale $850,000 - $880,000
Unit 8, 31 Howitt Street, South Yarra, VIC, 3141	1	1	1	$320,000
Unit 1202, 1 Clara Street, South Yarra, VIC, 3141	2	1	1	$725,000
Unit 401, 89 River Street, South Yarra, VIC, 3141	2	2	1	$850,000 - $890,000
Unit 7, 55 Surrey Road, South Yarra, VIC, 3141	1	1		$380,000-$410,000
Unit 6, 7 Argo Street, South Yarra, VIC, 3141	2	1	1	$700,000 - $770,000
Unit 12, 37 Fitzgerald Street, South Yarra, VIC, 3141	1	1	1	$295,000 - $320,000
Unit 1010, 32 Bray Street, South Yarra, VIC, 3141	2	2	1	Private Sale $790,000 - $830,000
Unit 7, 17 Darling Street, South Yarra, VIC, 3141	1	1		$300,000 - $330,000
Flat 7, 57 Adams Street, South Yarra, VIC, 3141	1	1	1	Private Sale $500,000 - $550,000
Unit 16, 77 River Street, South Yarra, VIC, 3141	1	1	1	Private Sale $360,000 - $395,000
Unit 1204, 800 Chapel Street, South Yarra, VIC, 3141	2	2	2	Private Sale $1,220,000 - $1,300,000
Unit 22, 63 Darling Street, South Yarra, VIC, 3141	2	1		$810,000 - $890,000
Unit 418, 681 Chapel Street, South Yarra, VIC, 3141	1	1		$390,000 - $425,000
Unit 11, 388 Toorak Road, South Yarra, VIC, 3141	1	1	1	$350,000 - $380,000
Unit 907, 32 Bray Street, South Yarra, VIC, 3141	1	1		$300,000 - $325,000
Unit 1607, 18 Claremont Street, South Yarra, VIC, 3141	1	1	1	Private Sale $500,000 - $550,000
Unit 4, 7A Motherwell Street, South Yarra, VIC, 3141	1	1	1	$400,000 - $440,000
Unit 19, 273 Williams Road, South Yarra, VIC, 3141	1	1	1	Private Sale $399,000
53A Surrey Road, South Yarra, VIC, 3141	4	2	2	Private Sale $2,600,000 - $2,850,000
Unit 10, 49 Tivoli Road, South Yarra, VIC, 3141	2	1	1	Private Sale - $640,000 - $670,000
Apartment 405, 5 Wilson Street, South Yarra, VIC, 3141	2	1	1	$590,000 - $610,000
Unit 903, 666 Chapel Street, South Yarra, VIC, 3141	2	1	1	$899,000
Unit 1907, 7 Yarra Street, South Yarra, VIC, 3141	1	1	1	Private Sale $330,000-$363,000
Unit 1208, 1 Clara Street, South Yarra, VIC, 3141	1	1		$340,000-$374,000
Unit 604, 10 Claremont Street, South Yarra, VIC, 3141	1	1		$310,000
Unit 101, 10 Claremont Street, South Yarra, VIC, 3141	1	1	1	$469,000
Unit 303, 681 Chapel Street, South Yarra, VIC, 3141	2	2	1	Under Offer
Unit 21, 403 Toorak Road, South Yarra, VIC, 3141	1	1	1	Under Offer
Unit 1, 81 Alexandra Avenue, South Yarra, VIC, 3141	1	1		$519,000
Unit 708, 8 Garden Street, South Yarra, VIC, 3141	2	2	1	FORTHCOMING AUCTION - $690,000 - $759,000
Unit 1905, 229 Toorak Road, South Yarra, VIC, 3141	2	1	1	$590,000 - $649,000
Unit 4, 67 Murphy Street, South Yarra, VIC, 3141	1	1	1	Private Sale $475,000
Unit 405, 10 Claremont Street, South Yarra, VIC, 3141	1	1		$315,000
Unit 601, 35 Simmons Street, South Yarra, VIC, 3141	3	2	2	$725,000-$790,000
86 River Street, South Yarra, VIC, 3141	2	1	2	$2,000,000
Unit 3, 5 Northampton Place, South Yarra, VIC, 3141	2	2	1	$1,400,000
Apartment 102, 5 Wilson Street, South Yarra, VIC, 3141	1	1		$330,000-$360,000
Unit 803, 229 Toorak Road, South Yarra, VIC, 3141	2	2	1	$870 Per Week
3G Cromwell Road, South Yarra, VIC, 3141	3	2	2	$950 Per Week
Flat 5, 136-144 Anderson Street, South Yarra, VIC, 3141	3	1	1	$1,100 Per Week
Unit 805, 12 Yarra Street, South Yarra, VIC, 3141	1	1	1	$439,500
Unit 806, 32 Bray Street, South Yarra, VIC, 3141	1	1		$260,000 - $280,000
Unit 305, 7 Claremont Street, South Yarra, VIC, 3141	1	1		$300,000 - $330,000
Unit 10, 2 Stanhope Ct, South Yarra, VIC, 3141	3	2	2	Sold
Unit 8, 43 Kensington Road, South Yarra, VIC, 3141	1	1	0	$382,000 - $420,000
Unit 815, 7 Claremont Street, South Yarra, VIC, 3141	2	1	0	$620,000 - $680,000
Unit 3, 205 Williams Road, South Yarra, VIC, 3141	2	1	0	$740,000 - $800,000
Unit 405, 77 River Street, South Yarra, VIC, 3141	2	1	1	Under Offer
Unit 11, 42 Darling Street, South Yarra, VIC, 3141	3	1	1	Leased
Unit 109, 1 Clara Street, South Yarra, VIC, 3141	1	1	1	$439,500
21 Commercial Road, South Yarra, VIC, 3141	3	1		$1,225,000
Unit 1616, 8 Daly Street, South Yarra, VIC, 3141	1	1	0	380000
Unit 208, 8 Daly Street, South Yarra, VIC, 3141	2	2	1	500000
Unit 103, 77 River Street, South Yarra, VIC, 3141	1	1	1	345000
Unit 801, 243 Toorak Road, South Yarra, VIC, 3141	2	2	1	1500000
Apartment 302, 28 Wilson Street, South Yarra, VIC, 3141	1	1	0	300000
Unit 206, 24 Wilson Street, South Yarra, VIC, 3141	1	1	1	395000
Unit 6, 10 Affleck Street, South Yarra, VIC, 3141	1	1	0	350000
Unit 7, 35 Phoenix Street, South Yarra, VIC, 3141	2	1	0	450000
Unit 108, 20 Garden Street, South Yarra, VIC, 3141	1	1	1	UPDATED PRICE: NOW $350,000- $380,000
Unit 31, 380 Toorak Road, South Yarra, VIC, 3141	3	2	2	$1,395,000
Floor 12, Unit 1202, 14 Claremont Street, South Yarra, VIC, 3141	1	1	1	$395,000 - $425,000
Unit 1409, 8 Daly Street, South Yarra, VIC, 3141	2	1	1	$500,000 - $550,000
Unit 1012, 7 Yarra Street, South Yarra, VIC, 3141	1	1	1	$290,000 - $310,000
Unit 1812, 3 Yarra Street, South Yarra, VIC, 3141	1	1	1	$410,000
Unit 9, 4 Davidson Street, South Yarra, VIC, 3141	2	1	2	$650,000
Unit 4, 4 Powell Street, South Yarra, VIC, 3141	1	1	1	$450,000
Unit 4, 49 Davis Avenue, South Yarra, VIC, 3141	2	1		$480,000 - $525,000
Unit 14, 22A Rockley Road, South Yarra, VIC, 3141	1	1	1	$440,000
Flat 7, 11-21 Marne Street, South Yarra, VIC, 3141	1	1	1	$730,000 - $800,000
Unit 4, 1 Clara Street, South Yarra, VIC, 3141	1	1		$375,000 to $400,000
Unit 609, 77 River Street, South Yarra, VIC, 3141	2	2	1	$650,000 - $700,000
Unit 206, 35 Simmons Street, South Yarra, VIC, 3141	1	1		OFF-MARKET $385,000
Unit 11, 48 Darling Street, South Yarra, VIC, 3141	3	1	1	OFF-MARKET $725,000
Unit 802, 1 Almeida Crescent, South Yarra, VIC, 3141	2	2	2	$1,050,000 - $1,150,000
Unit 12, 43 Rockley Road, South Yarra, VIC, 3141	1	1	1	$500,000 - $540,000

Properties for sale in South Yarra

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
Jan	1.5	16.4	27.0	42.8	86.8	2.9	23.8
Feb	1.0	15.9	25.8	44.4	86.5	2.7	20.3
Mar	1.1	14.5	24.1	45.4	88.1	2.5	15.6
Apr	2.0	12.1	20.8	48.0	90.9	2.4	10.6
May	1.6	10.0	17.7	52.3	89.4	2.9	7.8
Jun	1.3	7.7	15.0	59.8	93.7	2.5	6.9
Jul	1.3	7.8	14.4	56.9	89.5	3.3	7.4
Aug	1.6	7.8	15.1	51.2	89.3	3.0	10.0
Sept	1.4	9.3	17.7	46.1	88.9	3.1	14.0
Oct	1.4	11.1	21.1	42.8	89.3	3.2	18.3
Nov	1.8	12.5	22.4	43.4	88.6	2.9	20.8
Dec	2.0	14.6	24.8	43.5	88.6	2.8	24.0

source: Australian Government Bureau of Meteorology

Public Transport

Stop 126: Myrtle Street - Less than 1 KM

Stop 127: South Yarra Station - Less than 1 KM

Stop 128: Chapel Street - Less than 1 KM

Stop 50: Toorak Road - Less than 1 KM

Stop 49: Palermo Street - Less than 1 KM

Stop 49: Arthur Street - Less than 1 KM

General Points of Interest

Green Acres Golf Club - Less than 10 KM

Trinity College - Less than 10 KM

Como Centre - Less than 1 KM

Admiral Creswell Memorial - Less than 5 KM

Melbourne Cricket Ground - Less than 5 KM

Olympia Gymnasium - Less than 5 KM

Centenary Bridge Pillar - Less than 10 KM

West Brunswick Tennis Club - Less than 10 KM

Flemington Grandstand - Less than 10 KM

Malvern Valley Public Golf Course - Less than 10 KM

Nearby Suburbs

Cremorne Prahran Windsor Toorak Richmond Melbourne Burnley St Kilda West St Kilda East Melbourne

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!