South Yarra SUBURB GUIDE

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Trendy, decadent, and historic: the suburb of South Yarra is the place where old money resides in Victoria. At the heart of this neighborhood is Chapel Street, a fashionable thoroughfare that features a series of converted factories that are now upmarket shopping centers and cinemas. On the corner of Chapel Street and Toorak is the Como Centre, a large shopping center with tons of shops and eateries. Down the road is the Prahran Market, where locals search for fresh produce and meats.

South Yarra is known for its historic 19th century terraces and mansions that tower along Williams Road, Walsh Street, Toorak Road West, Darling Street, and Caroline Street. The Domain Precinct is home to Melbourne's old money families and holds some of Victoria's highest land values.

Residents that can’t afford mansions or old Victorians can settle for modern highrise living and Art Deco apartment buildings from the 1930s. Apartments in South Yarra are pricey and many homes are in the million dollar range. Still, plenty of people with fat wallets believe the area’s prime location and upscale suburban existence are worth the price tag.

South Yarra is bordered on the north by the Yarra River, on the east by Toorak, on the south by Prahran, and on the west by South Melbourne.