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Updated March 2026

South Yarra: $2.2M Median, 383 Microburbs, $245K-to-$9.3M Range

28,551 addresses across 383 microburbs. Unit-dominated (24,287 units, 4,202 freestanding houses). Block-level price data from $245K to $9.3M.

Median House
$2.2M
Melbourne
Median Unit
$673K
Median Rent
$1K/wk
Addresses
28,551
Unit-dominated
Microburbs
383
Block-level data

What Does Your Budget Buy in South Yarra?

The $2.2M median tells you very little. Here is what each price band looks like, based on block-level data across 256 microburbs with price data.

$245K - $1.6M
Entry level. Older stock, smaller lots, properties needing work.
$1.6M - $2.2M
Mid-range. Updated homes on standard lots. Solid family options.
$2.2M - $3.1M
Upper range. Renovated or larger homes in sought-after pockets.
$3.1M - $9.3M
Premium. Top-tier homes, best positions, fully renovated or new builds.
Layer:
383 microburbs mapped. Houses: $245K to $9.3M. Full South Yarra report
Get the full South Yarra report from $49

What Makes South Yarra Different

What agents are selling

Based on 145 listing descriptions analysed by Microburbs.

The numbers

South Yarra Has 4 Distinct Price Tiers

Prices vary by over $9.0M depending on which block you buy. The suburb splits into clear micro-markets.

Entry Level (Adams, Albion, Alexandra, Almeida)

  • Median $1.2M, range $245K to $1.5M
  • 64 microburbs in this price band
  • Older stock, smaller lots, or properties needing work
  • Best value entry point to the suburb

Core Family (Affleck, Albion, Alexandra, Argo)

  • Median $1.9M, range $1.6M to $2.2M
  • 64 microburbs in this price band
  • Updated homes on standard lots
  • Highest sales volume sits in this band

Upper Range (Acland, Adams, Airlie, Albion)

  • Median $2.5M, range $2.2M to $3.1M
  • 64 microburbs in this price band
  • Renovated or larger homes in sought-after streets

Premium (Acland, Adams, Affleck, Airlie)

  • Median $4.0M, range $3.1M to $9.3M
  • 64 microburbs in this price band
  • Top-tier positions, fully renovated or new builds
  • Tightly held. Rarely come to market

Street-Level Median Prices

Median house price by street, top 8 streets by sales volume.

StreetMedianTotal Sales% RentersTurnover
Caroline Street$420K14058%11.3 yrs
Darling Street$370K10932%11.2 yrs
Williams Road$340K8971%12.2 yrs
Tivoli Road$340K6921%5.7 yrs
Clara Street$449K6220%12.7 yrs
Bray Street$275K5643%6.2 yrs
Osborne Street$365K5031%14.0 yrs
Garden Street$195K3154%13.5 yrs

More streets available in the full South Yarra report.

Street Price Trends . See historical price trends for every street in the full South Yarra report.
Get Street Data

Confirmed Sales (to March 2026)

AddressSale PriceAVM Valuevs AVMBed/Bath/GarLandDate
Unit 820, 32 Bray Street$527,500$500,000+6%2/1/11936sqm2025-02
Unit 106, 60 Garden Street$125,000$330,000-62%1/1/1--2023-11
Unit 16, 87 Caroline Street$388,000$375,000+3%1/1/1883sqm2023-06
5K Clara Street$1,300,000$1,400,000-7%3/2/24764sqm2023-06
Unit 5, 13 Motherwell Street$467,000$445,000+5%1/1/1814sqm2023-06
Unit 406, 38 Cunningham Street$880,000$670,000+31%2/2/11623sqm2023-06

Blurred valuations are in the full report. More sales in the full South Yarra report.

Currently For Sale

AddressGuideAVM ValueBed/BathType
Unit 107, 32 Bray Street$293,000--1/1Apartment
52 Caroline Street$430,500$380K1/1Apartment
Unit 7, 26 Darling Street$345,000$350K1/1Apartment
Unit 8, 9 Balmoral Street$295,000$1.1M1/1Apartment
Unit 708, 1 Clara Street$440,000$400K1/1Unit

5 properties listed. Blurred valuations are in the full report. See all South Yarra listings.

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Rental Market

Rent data across 267 microburbs with rental listings.

$187/wk
Lowest Rent
$1,046/wk
Median Rent
$10,230/wk
Highest Rent

Rent varies from $187/wk to $10,230/wk across different blocks. Gross yield is approximately 2.5%. See rental yield by block in the full report.

What Homes Look Like in South Yarra

Based on 145 listing descriptions analysed. Shows how often each feature appears.

Natural Light
72%
Outdoor Entertaining
65%
Ensuite
50%
Views
40%
Good Aspect
40%
Large Kitchen
36%
Pool
23%
Direct Garage Access
6%
Level Access
6%
Renovation Profile

Based on 132 listings: Fully renovated (77%), Partially renovated (16%), Needs renovation (8%).

Feature data from listing descriptions. Individual property features in the full South Yarra report.

Market Summary

MetricSouth Yarra
Total addresses28,551
Freestanding houses4,202
Units24,287
Median house$2.2M
Median unit$673K
Median rent (house)$1K/wk
Microburbs mapped383

Price Range

MetricSouth Yarra
Cheapest block median$245K
Most expensive block$9.3M
SUAMelbourne
StateVictoria
Gross yield (approx)2.5%

South Yarra vs Neighbours

SuburbSUAMedian HouseAddresses
South YarraMelbourne$2.2M28,551
MelbourneMelbourne$866K43,34460% less
SouthbankMelbourne$1.0M24,67854% less
RichmondMelbourne$1.2M24,10047% less
St KildaMelbourne$1.4M20,09434% less
PrahranMelbourne$1.4M11,92034% less
East MelbourneMelbourne$3.2M8,69845% more

Common Questions About South Yarra Real Estate

Is South Yarra a good suburb?
South Yarra has median house price of $2.2M, gross rental yield of 2.5%, walkable cafe and dining culture, train access. Prices range from $245K to $9.3M depending on which block you buy. The full South Yarra report maps every block individually.
Is South Yarra expensive?
The median house price in South Yarra is $2.2M. More expensive than Melbourne ($866K). Cheaper than East Melbourne ($3.2M). Entry-level blocks start around $245K.
What is South Yarra like to live in?
Based on 145 listing descriptions, South Yarra is known for heritage and period homes (51% of listings); a strong cafe and dining scene (91% of listings); green and leafy with good park access; quiet streets (46% of listings mention this). Unit-dominated (24,287 units, 4,202 freestanding houses). See the block-level breakdown in the full report.
What are the best streets in South Yarra?
The most active streets by sales volume are Caroline Street (140 sales, median $420K), Darling Street (109 sales, median $370K), and Williams Road (89 sales, median $340K). Street-level data for all streets in the full report.
Is South Yarra a good investment?
Median rent $1K/wk. gross yield 2.5%. The full South Yarra report includes: block-level yield mapping, vacancy rates per street, supply pressure scores, days on market by block, rental demand indicators, and AVM valuations for every property. Our backtested suburb forecasting model covers South Yarra with 15-year historical validation and forward estimates. See how individual blocks within South Yarra compare on yield vs growth.

Explore More About South Yarra

Every topic below has its own block-level analysis for South Yarra.