Suburb Profile | South Yarra


Mercer Pearce Project Packs, Market Intelligence and Real Estate

excerpt

The size of South Yarra is approximately 4 square kilometres. It has 18 parks covering nearly 19% of total area. The population of South Yarra in 2006 was 17,076 people. By 2011 the population was 19,144 showing a population growth of 12.1% in the area during that time. The predominant age group in South Yarra is 25-34 years. Households in South Yarra are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2006, 37.9% of the homes in South Yarra were owner-occupied compared with 36.8% in 2011. Currently the median sales price of houses in the area is $1,742,500.

 

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