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Blocks of Units in South Yarra — Investor Guide 2026

August 3, 2026

Investing in blocks of units in South Yarra offers investors robust opportunities due to its prime location and strong rental demand. With a median property price of $560k and rental yields remaining competitive, South Yarra continues to attract investors looking for substantial returns.

  • South Yarra has a median unit price of $585k, with a 9.3% quarterly growth in Q2 of 2025.
  • Rental demand is high, with median rents at $415/week, making it attractive for investors.
  • The median income is $2,063/week, indicating a strong economic base in the area.
  • Active listings are limited to 1 property, showing potential for tight competition.
  • Population figures from the ABS Census 2021 stand at 25,028 residents, ensuring a stable rental pool.

What do the numbers say in South Yarra?

The figures for South Yarra present a compelling case for investment. According to real-time data sourced from Collings’ CRM brain, the suburb currently has 1 active listing with a median price of $560k. In the April to June 2025 quarter, the median unit price improved by 9.3%, reaching $585k. Annually, the growth is modest at 0.9% but marks consistent appreciation.

Rental yields are promising, given the median rent is $415 per week and the suburb’s median household income is $2,063 weekly (ABS Census 2021). These figures suggest a balance between rent affordability and earning potential, ideal for maintaining high tenancy rates. Demographically, South Yarra is home to 25,028 individuals, with a median age of 33 years, contributing to its vibrant community.

What are the key considerations?

Investing in blocks of units requires careful analysis of several factors. Firstly, understanding demand dynamics is crucial. Currently, there are 6 buyers interested in apartment acquisitions, underscoring demand stability. Additionally, with only 1 live listing ranging from $550k to $570k, competition is notably high.

Another consideration is the suburb’s development potential. South Yarra’s population and income levels make it appealing for new unit developments and refurbishments aimed at premium rental markets. Legal considerations, like zoning laws, should also be part of the investor’s due diligence.

For broader context, comparing to nearby suburbs like South Melbourne and Box Hill South, where similar dynamics are observed, can offer insights into regional investment trends.

How does Collings help?

At Collings Real Estate, our team is equipped to guide investors through the complexities of purchasing blocks of units in South Yarra. Our expertise includes property identification, market trends analysis, and transaction support. As a strategic partner, we provide insights that leverage area-specific data, including pricing trends and demographic information, to optimize investment decisions.

For exclusive off-market opportunities and personalized advice, feel free to reach out. Interested investors can also sign up for our Ask GeeVee portal for real-time market updates and listings not available to the general public.

Frequently asked questions

Is South Yarra good for investment?

Yes, South Yarra offers strong investment potential with high rental demand and significant growth in property prices. The area is popular with young professionals, which boosts rental income.

What are the typical purchase prices?

As of the latest reports, the median unit price is approximately $585k, with an active price range for listings between $550k and $570k.

How can I find off-market unit blocks?

To explore off-market properties in South Yarra, consider contacting Collings Real Estate, as we provide tailored listings via our exclusive portal.

Find your next property with Collings

Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.


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