493A Chapel Street

South Yarra VIC 3141

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 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% 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 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.

South Yarra has 26,166 properties. Over the last 5 years, Houses in South Yarra have seen a -5.10% decrease in median value, while Units have seen a -2.89% decrease. As at 31 January 2026:

• The median value for Houses in South Yarra is $1,983,885 while the median value for Units is $596,047.
• Houses have a median rent of $700 while Units have a median rent of $620.