South Yarra
VIC 3141
South Yarra is an inner Melbourne suburb in the City of Stonnington, about 4 kilometres from the Melbourne CBD. Chapel Street and Toorak Road form the main commercial streets, with upmarket shopping, restaurants, nightclubs, cafes and landmarks including the Jam Factory, Como Centre and Prahran Market. South Yarra station, Hawksburn station and several tram routes provide strong inner-city transport connections.
South Yarra has an office and consulting market, with office suites and floors, shopfronts, and medical or consulting suites across a busy mixed-use centre. Prahran, Cremorne and Toorak are nearby commercial comparisons.
142
Active lease listings
commercial properties
$62,500
Median annual rent
asking rent across all listings
224
Median days on market
across all active listings
Lease rate trend
$451/m² p.a.
Median advertised rate
Up 0.2%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in South Yarra. Drill down to individual listings in MarketBuddy
Listings by sector
68
Offices
active lease listings
36
Retail and Shops
active lease listings
31
Medical / Consulting
active lease listings
6
Industrial, Warehouse and Factories
active lease listings
1
Other
active lease listing
Want to know more?
Explore commercial property insights for South Yarra in MarketBuddy.
Last updated 26 September 2026