Is South Yarra a good suburb?

Is South Yarra a good suburb?

Affluent and posh, South Yarra is a desirable suburb…if you can afford it. South Yarra has an above average violent crime rate and a high property crime rate for Melbourne.

Which LGA is South Yarra?

City of Melbourne City of Stonnington
South Yarra, Victoria

South Yarra Melbourne, Victoria
Location 4 km (2 mi) from Melbourne CBD
LGA(s) City of Melbourne City of Stonnington
State electorate(s) Prahran
Federal division(s) Higgins Macnamara

What is the postcode for South Yarra?

3141South Yarra / Postal code

Is South Yarra a good investment?

With its blue chip status, South Yarra has enjoyed strong historical price growth and ongoing demand from renters and buyers alike. The latest data from CoreLogic shows that the median apartment price in South Yarra has increased at an annual average rate of 4.55%* over the last decade.

Is South Yarra expensive?

Close to the CBD and offering its residents a luxurious lifestyle of fine dining, designer boutiques, lush green spaces and stately homes, it comes as no surprise that South Yarra boasts some of the city’s most expensive real estate.

Is South Yarra safe to live in?

South Yarra is a safe suburb, but like most areas in Melbourne (and the world) it’s not a great idea to be walking around by yourself in the middle of the night. Don’t let that put you off moving to South Yarra though as it is a very safe suburb. South Yarra is seen to be a very safe suburb with affluent residents.

What line is South Yarra station on?

South Yarra railway station is the junction station for the Pakenham, Cranbourne, Frankston and Sandringham lines in Victoria, Australia.

How far is South Yarra from CBD?

about 3-4 klms
South Yarra is on the south side of the city about 3-4 klms from the CBD. It is on a direct tram and train line from the city and depending where your located, borders onto the Royal Botanic Gardens.

What postcode is Coburg?

3058Coburg / Postal code

What postcode is Brunswick?

3056Brunswick / Postal code

What is the fastest growing suburb in Melbourne?

Pakenham located 54kms south-east of the CBD, has been one of the fastest-growing suburbs in Melbourne over the last 20 years. As a result of this popular suburb being built out, demand is now increasing for the new neighbouring suburb of Pakenham East.

Do apartments increase in value?

To answer this question bluntly, yes. Flats increase in value more than other types of properties, and that has been the case, especially in the last decade or so, where they achieved an astounding 60% rise in the overall value.

Where is South Yarra in Melbourne?

South Yarra is an inner suburb of Melbourne, Victoria, Australia, 4 km south-east of Melbourne’s Central Business District, located within the Cities of Melbourne and Stonnington local government areas. South Yarra recorded a population of 25,147 at the 2016 Census . The area east of Punt Road is in the City…

Where is South Yarra and Stonnington?

The area east of Punt Road is in the City of Stonnington and the area to the west is in the City of Melbourne. The main shopping region of South Yarra runs along Toorak Road and Chapel Street. Trade along these two arteries are focused on trendy and upmarket shopping, restaurants, nightclubs and cafe culture.

Where are South Yarra’s most prestigious addresses?

South Yarra is also home to some of Melbourne’s most prestigious residential addresses. Residential land price records (per square metre) have been set by properties in Domain Road, Walsh Street and Fairlie Court.

When did South Yarra become so densely populated?

The building of apartment buildings, particularly around South Yarra railway station, continued into the 1960s and 1970s and today South Yarra is one of the most densely populated suburbs in Melbourne. On 12 October 1988, police officers Steven Tynan and Damian Eyre were murdered in Walsh Street, South Yarra.