ABS 2021 Census · Updated 31 March 2026
South Yarra is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 25,028, making it a sizeable community. Located 4 km from the Melbourne CBD, South Yarra is a middle ring area in Victoria. The median household income is $107,276 AUD per year (ABS 2021 Census).
Above-average earnings in South Yarra support sustained property values. Close CBD access strengthens tenant appeal and resale value.
Map shows South Yarra, Victoria, Australia.
Official Australia Post postcode for South Yarra. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 6 schools within or near this suburb based on ABS 2021 data.
Find schools near South Yarra on My School →Estimated 10 parks and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.
ABS Census Data →South Yarra's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links — making them attractive to families and long-term tenants. The median rent of $415/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,100/month. A median household income of $107,276/year supports premium property values and indicates a well-employed resident base. With only 6% separate houses, South Yarra has a significant apartment and unit market — typical of inner-city investment corridors.
Solid fundamentals in South Yarra support capital growth over a medium to long hold period.
Expect competitive but not exceptional rental returns in South Yarra's current market.
Older housing stock in South Yarra combined with strong buyer demand creates solid renovation upside.
Run the numbers on a South Yarra property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →The outlook for capital growth in South Yarra is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenant competition in South Yarra continues to intensify, supporting landlords and rent stability. South Yarra remains on the radar of active property investors in Victoria.
South Yarra is a middle ring area in Victoria with a population of 25,028. The median rent is $415/week and the median household income is $107,276/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in South Yarra include established amenities and transport access. 6% of dwellings are separate houses. The area has approximately 6 schools and 10 parks nearby.
According to the ABS 2021 Census, South Yarra has a population of approximately 25,028. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
South Yarra is approximately 4 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.