Party Venues for Hire in South Yarra, Melbourne

Party Venues for Hire in South Yarra, Melbourne

Raise a toast to your next event in South Yarra's finest party spaces

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Top Party Venues in South Yarra

South Yarra is teeming with thrilling party venues that are just waiting to be discovered. Whether you're throwing a birthday bash, a milestone celebration, or just a night out with friends, there's a venue out there that meets your party’s needs. But with so many options to choose from, it can be tough to know where to start. That's where we come in. We've scoured South Yarra to put together a list of the best party spots, so you can spend less time searching and more time celebrating. From sleek, modern spaces to charming and intimate venues, you're sure to find the perfect place to host your next party.

Map of South Yarra
52 Party Venues in South Yarra

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Map of South Yarra
52 Party Venues in South Yarra

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Capacity

Budget

Area type

Venue type

Catering and drinks

Accessibility features

Book One of South Yarra's Cheap Party Venues

Penny & The Jets
from $800
minimum spend / per day
Penny & The Jets
40
40
Ovolo South Yarra
(11)
South Yarra, Melbourne
Super Venue Badge #Supervenue
Event Space in a Hotel
Private space
Penny Lane (the laneway behind Ovolo South Yarra) meets Benny & The Jets in this space; a functional blank canvas for you to theme or to use just as it is.
Penny Petit
from $200
hire fee / per day
Penny Petit
4
6
Ovolo South Yarra
(11)
South Yarra, Melbourne
Super Venue Badge #Supervenue
Meeting Room in a Hotel
Private space
The little sister of Penny & The Jets, this nook is located right next door. Either booked together or on its own, this small functional meeting space is ideal for workshops or as a secretariat.
Entire Venue
from $250
hire fee / per day
Entire Venue
150
169
Pre Drinks Bar
(8)
South Yarra, Melbourne
Bar
Whole venue
Your New Best Party Destination? South Yarra We are party experts. We pride ourselves on being the best around when it comes to cutting loose, spending time with your loved ones, and making memories you’ll never remember.
Main Bar
from $1000
minimum spend / per session
Main Bar
30
49
Temperance Hotel
(28)
South Yarra, Melbourne
Super Venue Badge #Supervenue
Event Space in a Pub
Shared space
The Spiegeltent-inspired Private Upstairs Function Room is a stand-out feature, as is the popular Booth Bar, suitable for smaller gatherings and functions.
Mezzanine
from $1000
minimum spend / per session
Mezzanine
20
25
Talk To Me
(1)
South Yarra, Melbourne
Lounge in a Bar
Semi-private area
These umbrellas not only add a touch of exotic elegance but also serve as a symbol of the Mezzanine's distinct character. In addition to the Japanese umbrellas, neon lights artfully adorn the walls, creating a unique and
Roped Off Lounge + Balcony
from $1000
minimum spend / per session
Roped Off Lounge + Balcony
20
70
Katuk
(5)
South Yarra, Melbourne
Lounge in a Cocktail Bar
Semi-private area
Numerous areas available that will cater to any group size or budget. With a wide range of food and beverage packages offered, we guarantee to meet your function needs.
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Celebrate at Top Restaurants for Parties

Restaurant
from $1650
minimum spend / per session
Restaurant
45
65
48h Pizza e Gnocchi Bar
South Yarra, Melbourne
Restaurant
Whole venue
The restaurant is available for private functions, including lunches, catered meetings, stand-up events, and team-building exercises such as our popular cooking classes.
Whole Space
from $140
per person / per session
Whole Space
105
115
Yan Melbourne
South Yarra, Melbourne
Restaurant
Whole venue
Introducing the Whole Space at Yan Melbourne, a remarkable restaurant that combines a trendy bar and comfortable dining tables. This versatile venue is ideal for hosting events, accommodating up to 105 guests in a single
Rooftop Restaurant
from $20000
minimum spend / per morning
Rooftop Restaurant
125
190
Beverly Rooftop
South Yarra, Melbourne
Rooftop at a Restaurant
Private space
Beverly is a rooftop restaurant with an open floor plan, perfect for all kinds of events—big or small. It works just as well for corporate meetups as it does for weddings, birthdays, or private dinners.
Rock Sugar Function Room
from $1000
minimum spend / per session
Rock Sugar Function Room
30
Rock Sugar
South Yarra, Melbourne
Function Room in a Restaurant
Private space
Located at the back of the restaurant, the area has its own entrance and it is completely separate from other diners. Rock Sugar is renowned for hosting Hens Parties with its fun vibe and pink neon lights but is also an amazing
Main Dinning Room
from $2000
minimum spend / per session
Main Dinning Room
70
120
Mr L's
South Yarra, Melbourne
Dining Room in a Restaurant
Private space
The Dining Room at Mr L's offers an exclusive setting for larger gatherings, overlooking the spirited Toorak Road. With a private bar and direct views into the kitchen, this space is perfect for special occasions, corporate
Exclusive Use
from $6000
minimum spend / per session
Exclusive Use
70
Yugen Tea Bar
South Yarra, Melbourne
Restaurant
Whole venue
A refined yet relaxed space with sleek clean lines, highly textural finishes and a dark and moody interior, with low lighting and grey granite jutting out from all angles, offering a variety of spaces to entertain as a stand
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Party Venues for Hire in South Yarra, Melbourne

FAQs about Top Party Venues in South Yarra

In South Yarra, prices of party venues average $2000 minimum spend per event. Costs vary depending on guest capacity, popularity, location, and amenities like sound systems or bar services. Extra charges may apply for custom catering, decor, or event planning services. Packages with add-ons, such as DJs, photo booths, or other entertainment services, can also increase the overall cost. Check out the typical price ranges in South Yarra, based on Tagvenue data from September 2025:

Prices of party venues in South Yarra
From $1000 to $3000 minimum spend per event
From $600 to $1500 hire fee per day
From $110 to $140 per person

Based on the popularity and user ratings on Tagvenue (updated September 2025), the best options include:

  • Private Lounge at Temperance Hotel in South Yarra - rated 5/5
    Our user said: ‘I recently had my 30th at Temperance Hotel and it was a real hoot!! The private lounge was such a vibe!!’

  • Lounge Bar at Arcadia Hotel in South Yarra - rated 5/5
    Venue said: The Lounge Bar is an elegant space ideal for that intimate social engagement you’ve been planning.

  • Party Room Upstairs at Pre Drinks Bar in Prahran - rated 4.7/5
    Our user said: ‘Drinks were delicious, particularly the espresso martini’s and Long Island iced teas.’

Throwing a party on a budget can be a challenge, especially when it comes to securing the perfect party venue in the chic and trendy neighborhood of South Yarra. But fear not! With a bit of creativity and a pinch of luck, you can host an unforgettable bash that won't break the bank. To start, it's wise to consider the day of the week for your party. Weekend nights are typically the most popular and expensive, so consider hosting your party mid-week. If you're inviting a smaller crowd, opt for a cozy and intimate venue with a capacity of 50 guests or less. These types of venues often have more budget-friendly options and are more flexible. While South Yarra is known for its upscale vibes, there are still some pockets of the neighborhood that offer more affordable party venues. Look for venues in less upscale areas such as Prahran or Windsor, which are just a stone's throw away from the bustling South Yarra scene. When it comes to party packages, be sure to compare prices and see what's included in each. Some venues might offer great deals on decorations, music, or even a bartender, while others might be more flexible with external catering. If you prefer to bring in your own food, look for a venue that allows you to BYO and ask about their corkage fee. To make your party budget-friendly, consider getting creative with decorations and refreshments. For example, instead of hiring a bartender, have guests bring their favorite drinks to share. You can also create a festive atmosphere by making your own decorations or using balloons, streamers, and tablecloths in your party colors. Finally, it's worth reaching out to the venue manager to see if they have any restrictions. They also might be able to provide you with more budget-friendly options.

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Verified Reviews of Party Venues in South Yarra

RW
Riley W.
Verified review
Booked Beer Garden at Pre Drinks Bar
4.7
Venue was perfect we had around 40 people there and had dj decks set up. Everyone had such a good time Thank you!
J
Joshua
Verified review
Booked Party Room Upstairs at Pre Drinks Bar
4.8
I really liked the service. The bartender and other staff were very friendly and cheerful which is great from a service standpoint (have worked in the bar scene before). Drinks were delicious, particularly the espresso martini’s and Long Island iced teas. Highly recommend as a venue for hire, both for upstairs and for the back area. Just waiting on my deposit to be returned.
MJ
Matthew J.
Verified review
Booked Outdoor Courtyard at Banzai Bar
5.0
The staff could not have been nicer, the venue was perfect and every one of the areas were excellent. Not to mention the platters exceeded everybodies expectations.