Melbourne
Richmond vs South Yarra
Compare property prices, recent market performance, lifestyle information, schools, transport and current listings across Richmond and South Yarra.
Explore each suburb
Compare the headline stats here, then open each suburb hub, market data page or sell guide for Richmond and South Yarra.
Richmond and South Yarra comparison summary
A concise comparison of the latest property figures and the most relevant differences between the two suburbs.
The latest comparison places Richmond's median house price at $1,374,000, compared with $2,130,000 in South Yarra. Richmond's median unit price sits at $535,000, compared with $530,000 in South Yarra. Richmond recorded an annual house-price decline of 0%, while South Yarra's figure rose by 17.6% over the matching period. Richmond recorded a shorter median selling period of 25 days, compared with 28 days in South Yarra. The figures show a substantial difference in median house price between Richmond and South Yarra, while other headline measures on this page help place those medians in context.
Side-by-side market snapshot
Compare the latest headline property figures for Richmond and South Yarra.
| Metric | Richmond | South Yarra |
|---|---|---|
| Median house price | $1.39M | $2.13M |
| Median unit price | $595,000 | $560,000 |
| Annual house price change | -0.39% | +1.19% |
| Median days on market | 24 days | 29 days |
Median sale price comparison
Compare historical median sale prices for houses and apartments in Richmond and South Yarra.
- Richmond
- South Yarra
Lifestyle comparison
Compare local shopping, dining, open space and everyday amenities across Richmond and South Yarra.
Richmond
Richmond presents a mixed residential lifestyle where dining and cafés, parks and open space, everyday shopping and services and train, tram and bus and road access share prominence, with Royal Botanic Gardens Victoria - Melbourne Gardens among the area's notable open spaces. The suburb supports practical day-to-day routines without leaning heavily on a single amenity type or evening economy.
South Yarra
South Yarra offers a more outdoors-focused lifestyle, with parks, trails and open spaces forming a strong part of the local amenity mix, with Rockley Gardens among the area's notable open spaces. Everyday shopping, transport and health services remain accessible throughout the suburb, while green space provides a clear point of difference in how the suburb feels day to day.
School comparison
Review nearby schools and education options listed for Richmond and South Yarra.
Richmond
Melbourne Girls College
Government
55 Yarra Blvd, Richmond VIC 3121, Australia
Yarra Primary School
Government
68-76 Davison St, Richmond VIC 3121, Australia
Richmond Primary School
Government
Brighton St, Richmond VIC 3121, Australia
Richmond West Primary School
Government
25 Lennox St, Richmond VIC 3121, Australia
Richmond High School
Government
4 Griffiths St, Richmond VIC 3121, Australia
Melbourne Indigenous Transition School
Independent
371 Church St, Richmond VIC 3121, Australia
South Yarra
Melbourne Girls Grammar
Independent
86 Anderson St, South Yarra VIC 3141, Australia
Centre For Higher Education Studies
Government
669 Chapel St, South Yarra VIC 3141, Australia
Kamaruka
Independent
52 River St, South Yarra VIC 3141, Australia
Melbourne High School
Government
Forrest Hill, South Yarra VIC 3141, Australia
Christ Church Grammar School
Independent
677 Punt Rd, South Yarra VIC 3141, Australia
South Yarra Primary School
Government
601 Punt Rd, South Yarra VIC 3141, Australia
Transport comparison
Compare train, tram, bus and road connections available across Richmond and South Yarra.
Both Richmond and South Yarra provide excellent public transport, but they cater to different commuting needs. Richmond offers quick access to Melbourne's CBD via Richmond and East Richmond stations, supported by frequent tram services along Swan Street and Church Street. South Yarra offers quick access to Melbourne's CBD via South Yarra and Prahran stations, supported by frequent tram services along Toorak Road — west Coburg linkage via CBD and Commercial Road. While both suburbs are well connected, Richmond and South Yarra are often preferred by buyers seeking quick inner-city access, with the stronger fit depending on station and tram proximity.
| Feature | Richmond | South Yarra |
|---|---|---|
| Closest station | Richmond | South Yarra |
| Major trams | 70, 78, 12, 109 | 58, 72, 78 |
| Bus routes | Yes | Yes |
Comparison verdict
A final comparison based on the available property, lifestyle, school and transport information.
Richmond may suit buyers prioritising a lower median entry price, while South Yarra sits at a higher headline house median on the latest snapshot. Both suburbs may suit buyers comparing apartment-oriented housing on the latest sales mix. Richmond lists 9 nearby schools compared with 6 in South Yarra under the same search rules. Transport pages for Richmond and South Yarra cover train, tram and bus and road connections. The better fit depends on buyer priorities, so compare individual properties, school requirements, transport routes and current listings for Richmond and South Yarra.
Current properties for sale
View currently available properties in Richmond and South Yarra alongside the broader suburb comparison.
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