Melbourne
South Yarra property prices over the past 11 years
Explore how median house and unit prices have changed over time using annual sales data.
Reading price history for South Yarra works best when houses and units are viewed separately. Short-term swings can be misleading, so the broader period and how many properties sold each year are worth weighing together when you interpret the annual medians and the longer trend across the series.
Price history
Compare annual median house and unit prices across the same period. Switch between nominal and inflation-adjusted values to view historical price movement in different terms.
South Yarra property market: a decade in context
A longer-term view of how house and unit prices have moved across the decade.
Between 2016 and 2026, house prices increased by 15.14% while unit prices fell by 16.17%, showing stronger long-term growth for house prices. House prices recorded their strongest annual increase in 2020, showing that growth has not been linear, with the latest year-to-date figures broadly steady against the prior year. House prices carried the clearer long-term gain when the two markets are compared side by side across the reporting period. Across the decade, houses and units moved in different directions overall, reflecting two distinct growth paths through the full reporting window, with sales activity picking up in more recent years.
Year-by-year medians
Compare annual median prices, sales volume, growth and recorded price ranges. Switch between houses and units to focus on one property type at a time.
| Year | House median | House sales | House growth | House low | House high |
|---|---|---|---|---|---|
| 2026 | $2,130,000 | 147 | +1.19% | $355,000 | $11,550,000 |
| 2025 | $2,105,000 | 125 | -8.50% | $248,000 | $14,050,000 |
| 2024 | $2,300,000 | 131 | -6.70% | $8,500 | $25,600,000 |
| 2023 | $2,465,000 | 105 | +7.30% | $650,000 | $15,750,000 |
| 2022 | $2,297,500 | 128 | -0.20% | $10,000 | $16,315,615 |
| 2021 | $2,303,000 | 162 | +10.20% | $710,000 | $15,000,000 |
| 2020 | $2,090,000 | 104 | +16.60% | $736,100 | $18,250,000 |
| 2019 | $1,792,500 | 114 | 0.00% | $351,000 | $20,349,849 |
| 2018 | $1,792,500 | 124 | -11.70% | $348,000 | $36,000,000 |
| 2017 | $2,030,000 | 145 | +9.70% | $450,000 | $19,000,000 |
| 2016 | $1,850,000 | 157 | — | $10,000 | $18,000,000 |
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