South Yarra, VIC - Investment Profile
$2.2M
Median House Price
$520K
Median Unit Price
2.2%
Gross Yield (House)
4.5%
Gross Yield (Unit)
+4.5%
Annual Growth
2.5%
Vacancy Rate
Investment Overview
South Yarra is one of Melbourne's most prestigious suburbs, renowned for Chapel Street shopping, the Royal Botanic Gardens, and upscale dining. The suburb consistently ranks among Melbourne's top-performing areas for long-term capital growth. While house prices are at a premium, the unit market offers more accessible entry points with solid rental yields driven by the suburb's lifestyle appeal. Investors should be mindful of the high supply of apartments in certain pockets, which can affect vacancy rates and yield in those micro-markets.
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