South Yarra - North
Statistical Area - sa2

South Yarra - North lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

South Yarra - North's population was around 14,676 as of August 2025, according to AreaSearch's analysis. This figure represents an increase of 3,484 people from the 2021 Census total of 11,192, marking a growth rate of 31.1%. The change was inferred from ABS estimated resident population data of 13,633 in June 2024 and an additional 676 validated new addresses since the Census date. This results in a population density ratio of 12,543 persons per square kilometer, placing South Yarra - North among the top 10% of national locations assessed by AreaSearch. The area's growth exceeded both national (8.6%) and state averages since the 2021 Census. Overseas migration contributed approximately 94.0% of overall population gains during recent periods in South Yarra - North.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses the VIC State Government's Regional/LGA projections from 2023, adjusted via weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, South Yarra - North is forecasted to experience significant population increase, with an expected expansion of 6,106 persons by 2041. This represents a total increase of 34.5% over the 17-year period from 2025 to 2041.

Recent residential development output has been above average within South Yarra - North when compared nationally

South Yarra - North has seen approximately 157 new homes approved annually. Development approval data is provided by the ABS on a financial year basis, with 789 dwellings approved over the past five financial years, from FY21 to FY25, and none recorded so far in FY26. On average, 1.8 new residents have been added per dwelling constructed annually during these five years. However, this figure has accelerated to 22.1 people per dwelling over the past two financial years, suggesting increasing demand for housing. New properties are being constructed at an average expected cost of $1,942,000, indicating a focus on the premium market segment.

Additionally, $29.1 million in commercial approvals have been registered this financial year, demonstrating high levels of local commercial activity. Compared to Greater Melbourne, South Yarra - North has seen elevated construction activity, with 17.0% more dwellings approved per person over the past five years. This maintains good buyer choice and supports existing property values, although construction activity has recently eased. The recent development trend comprises predominantly townhouses or apartments (99.0%), with a focus on higher-density living to create more affordable entry points for downsizers, investors, and first-home buyers. Currently, South Yarra - North indicates a mature market with around 419 people per approval.

Looking ahead, South Yarra - North is projected to grow by approximately 5,063 residents through to the year 2041. If current development rates continue, housing supply may struggle to match population growth, potentially leading to increased buyer competition and supporting property price increases.

South Yarra - North has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Area infrastructure changes significantly influence local performance. AreaSearch identified 31 projects likely impacting the area. Notable projects include The Yarra, The Claremont Towers, 671 Chapel Street, South Yarra House, and The Jam Factory Redevelopment. Below lists projects expected to have high relevance.

Professional plan users can use the search below to filter and access additional projects.

Employment performance in South Yarra - North ranks among the strongest 15% of areas evaluated nationally

South Yarra - North has an educated workforce with a notable technology sector presence. The unemployment rate was 2.6% in the past year, with estimated employment growth of 6.3%.

As of June 2025, 10,792 residents are employed at an unemployment rate of 2.0%, lower than Greater Melbourne's 4.6%. Workforce participation is high at 76.1% compared to Greater Melbourne's 64.1%. Key employment sectors include professional & technical (particularly strong with a share of 2.0 times the regional level), health care & social assistance, and retail trade. Construction employs only 5.0% of local workers, below Greater Melbourne's 9.7%.

The worker-to-resident ratio is 0.6, indicating above-normal employment opportunities locally. Over the past year, employment increased by 6.3%, while the labour force grew by 7.1%, raising unemployment by 0.7 percentage points. In contrast, Greater Melbourne saw employment rise by 3.5% and unemployment increase by 0.5 percentage points. State-level data from Sep-25 shows Victoria's employment growth at 1.08% year-on-year, with an unemployment rate of 4.7%. National forecasts project total employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to South Yarra - North's employment mix suggests local growth of approximately 7.4% over five years and 14.6% over ten years, though these are simple extrapolations for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

South Yarra - North's income level is among the top percentile nationally according to the latest ATO data aggregated by AreaSearch for financial year 2022. South Yarra - North's median income among taxpayers is $72,463 and the average income stands at $131,471, which compares to figures for Greater Melbourne of $54,892 and $73,761 respectively. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates would be approximately $79,789 (median) and $144,763 (average) as of March 2025. According to 2021 Census figures, individual earnings stand out at the 97th percentile nationally ($1,412 weekly), though household income ranks lower at the 68th percentile. Income analysis reveals the largest segment comprises 37.5% earning $1,500 - 2,999 weekly (5,503 residents). High housing costs consume 18.0% of income, while strong earnings place disposable income at the 65th percentile and the area's SEIFA income ranking places it in the 10th decile.

South Yarra - North features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

South Yarra - North's dwelling structure, as per the latest Census, had 2.7% houses and 97.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 16.9% houses and 83.1% other dwellings. Home ownership in South Yarra - North was 15.0%, with mortgaged dwellings at 17.1% and rented ones at 67.9%. The median monthly mortgage repayment was $2,000, lower than Melbourne metro's average of $2,287. The median weekly rent in South Yarra - North was $426, similar to Melbourne metro's figure of $425. Nationally, South Yarra - North's mortgage repayments were higher at $1,863 and rents were substantially above the national average of $375.

South Yarra - North features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 38.9 percent of all households, including 6.4 percent couples with children, 27.4 percent couples without children, and 3.4 percent single parent families. Non-family households constitute the remaining 61.1 percent, with lone person households at 52.6 percent and group households comprising 8.5 percent of the total. The median household size is 1.6 people, which is smaller than the Greater Melbourne average of 1.9.

Educational achievement in South Yarra - North places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

South Yarra - North has a significantly higher educational attainment than the broader Australian and Victorian benchmarks. 66.6% of its residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 33.4% in Victoria. The area's most common qualification is Bachelor degrees at 41.7%, followed by postgraduate qualifications at 20.4%, and graduate diplomas at 4.5%. Vocational pathways account for 16.8% of qualifications among those aged 15 and above, with advanced diplomas making up 9.6% and certificates 7.2%.

Educational participation is high, with 27.6% of residents currently enrolled in formal education. This includes 16.5% in tertiary education, 2.5% in primary education, and 2.2% pursuing secondary education. The five schools in South Yarra - North have a combined enrollment of 2,758 students. The area has significant socio-educational advantages and academic achievement, with an ICSEA score of 1138. It includes two secondary schools and three K-12 schools. School capacity exceeds typical residential needs, with 18.8 places per 100 residents compared to the regional average of 14.1, indicating that South Yarra - North serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments, please refer to the parent campus.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

South Yarra - North has 29 active public transport stops. These serve a mix of train, light rail, and bus routes. There are 8 individual routes operating, collectively providing 7615 weekly passenger trips.

Residents have excellent transport accessibility, with an average distance of 138 meters to the nearest stop. The service frequency is 1087 trips per day across all routes, equating to about 262 weekly trips per individual stop.

South Yarra - North's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows exceptional results in South Yarra - North, with very low prevalence of common health conditions across all age groups. The rate of private health cover is approximately 82% of the total population (12,078 people), significantly higher than the national average of 55.3%.

Mental health issues and asthma are the most common medical conditions in the area, impacting 9.5 and 8.0% of residents respectively. A majority of residents, 76.8%, report being completely clear of medical ailments, compared to 73.3% across Greater Melbourne. The area has 8.3% of residents aged 65 and over (1,216 people), which is lower than the 16.3% in Greater Melbourne. Health outcomes among seniors are particularly strong, broadly aligning with the general population's health profile.

South Yarra - North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

South Yarra-North scores highly in cultural diversity, with 29.9% speaking a language other than English at home and 45.9% born overseas. Christianity is the main religion, comprising 31.9%. Judaism is overrepresented at 1.7%, compared to Greater Melbourne's 0.51%.

Top ancestry groups are English (21.8%), Australian (14.1%), and Other (12.8%). Notable divergences include French at 1.1% (regional: 1%), Polish at 1.2% (regional: 1.9%), and Russian at 0.6% (regional: 0.9%).

South Yarra - North hosts a very young demographic, ranking in the bottom 10% of areas nationwide

South Yarra-North has a median age of 32 years, which is lower than Greater Melbourne's average of 37 and the national average of 38. Compared to Greater Melbourne, South Yarra-North has a higher proportion of residents aged 25-34 (40.3%), but fewer residents aged 5-14 (2.6%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. Post-2021 Census data shows that the proportion of residents aged 15-24 has grown from 13.2% to 14.2%, while the proportion of those aged 65-74 has declined from 4.9% to 4.2%. By 2041, demographic modeling suggests that South Yarra-North's age profile will change significantly. The 25-34 age group is projected to grow by 25%, adding 1,486 residents to reach a total of 7,395.