Median house price
$2.13M
Melbourne
South Yarra
Overview
South Yarra is an inner-south suburb within easy reach of Melbourne's CBD, with tree-lined residential streets and local cafés and public transport. Local shopping, dining and transport sit close to the residential streets, within a short walk or tram ride of most homes.
the main shopping strip puts cafés, shops and local services within walking distance of period houses and newer apartments, which tends to suit owner-occupiers who want more space with cafés, shops and public transport close to home.
The current median house price sits around $2.13M, with annual movement that has trended upward. Even so, comparable sales on the same street can sit well above or below that line depending on period detail, land and condition.
Market performance in South Yarra
Understand the key indicators shaping the local property market before exploring the latest figures.
Average days on market
29 days
Annual price growth
+1.19%
Auction clearance rate
67%
Market insights
Explore deeper market analysis, auction activity and local trends to better understand how the suburb is performing.
Auction results
Explore weekly clearance rates, auction volumes, and sold results across South Yarra and nearby.
Quarterly market updates
Read quarterly analysis on market movements, buyer behaviour, and key shifts shaping South Yarra.
Sold insights
Compare recent sales across different property types and bedroom configurations to better understand local market activity.
| Bedrooms | 12 mo salesLast 12 months sales | Median price | Avg DOMAvg days on market | Clearance | RentRental median |
|---|---|---|---|---|---|
| AllAll houses | 147 | $2,130,000 | 29 days | 67% | $899 pw |
| 1 bed1 bedroom | 8 | $954,750 | — | 1% | $593 pw |
| 2 bed2 bedrooms | 29 | $1,500,000 | 25 days | 75% | $795 pw |
| 3 bed3 bedrooms | 65 | $2,200,000 | 29 days | 53% | $1,200 pw |
| 4 bed4 bedrooms | 36 | $2,910,000 | 30 days | 82% | $1,800 pw |
| 5 bed5 bedrooms | 5 | $7,350,000 | 98 days | — | $950 pw |
Recent sales in South Yarra
Browse recent sales to see how comparable properties have performed across the suburb.
Lifestyle and neighbourhood
Discover the places, amenities and everyday experiences that make this suburb unique.
Nearby schools
Compare nearby schools, catchments and education options for local families.
South Yarra Primary School
Primary · Government
601 Punt Road, South Yarra
Melbourne High School
Secondary · Government Forrest Hill, South Yarra
Melbourne Girls Grammar
Primary/Secondary · Independent
86 Anderson Street, South Yarra
Landmarks
South Yarra offers landmarks such as parks and gardens, trails and waterways, libraries, and churches and parishes.
Fawkner Park
Commercial Road / St Kilda Road precinct, South Yarra VIC 3141
Como House and Garden
Corner Williams Road & Lechlade Ave, South Yarra VIC 3141
Rockley Gardens
Williams Road near Rockley Parade, South Yarra VIC 3141
Transport and connectivity
Train, tram, and road networks keep South Yarra linked to the CBD and surrounding suburbs.
Closest station
South Yarra — Sandringham line + Cranbourne/Pakenham/Frankston corridor
Additional stations
Prahran — Short walk south-east along Chapel Street for Sandringham services; Heyington
Major tram routes
Routes 58, 72 and 78 — Toorak Road
Bus connections
Chapel Street south of Alexandra Avenue carries dense tram feeders toward Balaclava/St Kilda; verify tram numbers against the live network map.
Compare South Yarra with other Melbourne suburbs
See how South Yarra compares across property prices, lifestyle, schools, transport, walkability and local amenities against nearby Melbourne suburbs.
Property directory in South Yarra
Browse homes currently on the market and discover opportunities across the suburb.
