South Yarra VIC 3141

Here you can find what you need to know about South Yarra, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$1.9m Median Sale Price (National Average $485k) 21st In VIC
48.63% Median Price Change (1 yr) (National Average 4.30%) 7th In VIC
$780pw Median Rent (National Average $395) 28th In VIC
2.1% Median Gross Yield (National Average 4.24%) 596th In VIC
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Properties sold 95
Average discounting -4.45%
Average Days on Market 54
Stock on Market 16 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

South Yarra, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

South Yarra, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

South Yarra, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in South Yarra


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Latest Auction Results for South Yarra as at 02 August 2020

Property Details
Sale Price
2Bed / 1Bath / 1Car / Unit
-
2Bed / 1Bath / 1Car / Unit
-

State Auction Clearance Rates - August 2020

Auctions Clearance rate
VIC 369 55%
ACT 58 81%
NSW 643 62%
NT 3 33%
QLD 194 48%
SA 54 56%
TAS 1 0%
WA 12 33%

Local Schools


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Suburb Information

South Yarra, VIC 3141

Part of: Melbourne Council No data available

The size of South Yarra is approximately 3.6 square kilometres. It has 17 parks covering nearly 17.1% 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. (source: Australian Bureau of Statistics)

View all properties for sale in South Yarra

Demographic data provided
by Australian Bureau of Statistics


Market Trends for South Yarra   for Houses in last 12 months


There have been 95 Houses sold in South Yarra in the past 12 months with a median sale price of $2M, up 24.8% annually. It takes on average 36 days to sell with vendor discounting of -0.05%.

Streets in South Yarra


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Richmond VIC, 3121 6.88% $1,282,500 $700pw 2.8% View Suburb Profile
Melbourne VIC, 3000 Unavailable Unavailable $473pw Unavailable View Suburb Profile
Elwood VIC, 3184 2.74% $1,875,000 $855pw 2.4% View Suburb Profile