South Yarra
Property profile for South Yarra, Melbourne. Median prices and property calculators.
Median Prices
Median House Price
$2,500,000
Approximate median for South Yarra, Melbourne
Median Unit Price
$550,000
Approximate median for South Yarra, Melbourne
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Estimated Stamp Duty
$142,500
On median house price of $2,500,000
Estimated Monthly Mortgage
$12,249
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$500,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About South Yarra
South Yarra is one of Melbourne's most glamorous inner suburbs, located approximately three kilometres south-east of the CBD on the southern bank of the Yarra River. The suburb is a fashion and dining destination, with Chapel Street's designer boutiques, Toorak Road's upmarket restaurants and European-style cafés, and the Jam Factory entertainment complex drawing visitors from across the city. Property in South Yarra ranges from grand Victorian mansions along leafy avenues to modern luxury apartments in high-rise developments, offering options for every stage of life. The Royal Botanic Gardens and Fawkner Park form the suburb's northern and eastern boundaries respectively, providing extensive green space for exercise, picnics, and relaxation. The Yarra River trail offers popular cycling and jogging paths. Transport is outstanding, with South Yarra station serving multiple train lines and tram routes running along Toorak Road, Chapel Street, and Commercial Road. The suburb is home to Melbourne High School and several private schools. South Yarra's nightlife and social scene make it a magnet for young professionals, while the grand homes attract established families. The suburb suits those seeking a cosmopolitan inner-city lifestyle, investors targeting the strong apartment rental market, and professionals wanting to live within walking distance of the CBD.