South Yarra Suburb Profile

Victoria 3141

South Yarra has 25,725 properties. Over the last 5 years, Houses in South Yarra have seen a 30.01% increase in median value, while Units have seen a -1.68% decrease. As at 31 May 2024:

• The median value for Houses in South Yarra is $2,114,410 while the median value for Units is $606,168.
• Houses have a median rent of $938 while Units have a median rent of $575.

The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.