Home Renovations And Extensions Experts In South Yarra
Why Choose To Live In South Yarra?
South Yarra is located a mere four kilometres from the city, so it is conveniently situated for just about anything you may need. You can have all of the benefits associated with a small community, yet you have easy access to the centre of Melbourne. There are many public parks around, including part of the Royal Botanic Gardens.
The shopping area in South Yarra is perfect for those who love finding upmarket goods as well as those who have a passion for cooking. Most residents enjoy strolling through the Prahran Market or The Jam Factory, a shopping centre that has been in the area since 1979.
Distance to
Distance from Melbourne
Demographics In South Yarra
South Yarra’s population is just over 25,000. Of this, there are over 35% independent youth, around 22% are made up of established and maturing independents, 10.3% are older independents and just under 30% of the residents are married.
The main occupations of South Yarra residents are made up of just under 45% professionals, around 18% managers, 21% are sales and administrative workers, just over 7% community and personal service workers, with almost 6% being technicians and trades workers.
Just under 21% of all homes in South Yarra are fully owned, almost 17% are in the process of being purchased by home loan mortgage, while median individual income is just over $1,000 per week and the median household income is around $1,700 per week. The median mortgage repayment is $2,300 per month.
Independent Youth
35.3%
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Maturing & Established Independence
22.1%
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Older Independence
10.3%
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Lifestyle In South Yarra
This is an affluent, relaxed community, so it should not be shocking to learn that shopping and dining out are very popular pastimes here. Besides the shopping venues mentioned earlier, you can always find people walking along Toorak Road looking at the wide range of shops that are located there.
Those who prefer to spend their time in the city can do so by heading to one of the two railway stations or catching one of the local buses. With the Yarra River to the northern edge of the suburb, there are bike tracks that take you all the way into the city, or further out east past Toorak. There is no shortage of activity to keep young couples and families alike occupied all year round.
Types Of Homes In South Yarra
There are several types of homes in this suburb, but Victorian-era styles are the most popular. Many of them were originally built for wealthy miners, so they are quite sturdy despite being so old. While it is simple enough to locate a Victorian home in the area, many of them have been renovated to keep up with the demands of modern living.
Median House Prices In South Yarra
The median home price in South Yarra is roughly $2M. While this number can be considerably less for condo buyers, you can expect to pay around this much if you are seeking a full-size home in the area.
If you currently own a house in Soutj Yarra, or are paying one off, you should work hard to hold on to it. Whether you need to add rooms to extend your living space, spruce up one or more of the rooms, or plan to do a serious overhaul, you can make your South Yarra property all that you have ever wanted. Please content Bayside Extensions to speak with one of our expert designers to learn how we can transform your home into something that will be the envy of your neighbours, family and friends.
| Buy $2,292,500 | ||
|---|---|---|
| 2BR - | 3BR $1,920,000 | 4BR $2,310,000 |
| Buy $700 PW | ||
|---|---|---|
| 2BR - | 3BR $650 PW | 4BR $885 PW |
| Buy $826,000 | ||
|---|---|---|
| 1BR - | 2BR - | 3BR - |
| Buy $390 PW | ||
|---|---|---|
| 1BR $300 PW | 2BR $420 PW | 3BR - |
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