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Top Event Rooms in South Yarra
Discover the best function rooms in South Yarra, Melbourne. With a wide variety of interesting venues to choose from, you're sure to find the perfect space to host your event. Whether you're planning a corporate function, a birthday party, or any other special occasion, South Yarra has something to offer. Browse through our listings, view photos, compare prices, and book directly with just a few clicks. With our easy-to-use platform, finding the perfect function room has never been easier. Don't waste any more time searching, book your function room today and make your event a success!
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![Private Lounge at Temperance Hotel in South Yarra, Melbourne]()
from $2500
minimum spend / per sessionCheck availabilityPrivate Lounge
80 guestsTemperance HotelSouth Yarra, Melbourne
#Supervenue
AAshley C.
“The function room was amazing, the staff were lovely and my event was thoroughly enjoyable!” -
![Party Room Upstairs at Pre Drinks Bar in South Yarra, Melbourne]()
from $1200
minimum spend / per sessionCheck availabilityParty Room Upstairs
50 guestsPre Drinks BarSouth Yarra, Melbourne
#Supervenue
JJoshua
“Highly recommend as a venue for hire, both for upstairs and for the back area.” -
![Rock Sugar Function Room at Rock Sugar in South Yarra, Melbourne]()
from $1000
minimum spend / per sessionCheck availabilityRock Sugar Function Room
30 guestsRock SugarSouth Yarra, Melbourne
#Supervenue
JJennifer M.
“Everything! If you are looking for delicious food, great venue and amazing staff then Rock Sugar is the place!” -
![Gallery I, II & III at The Olsen Hotel Melbourne - Art Series in South Yarra, Melbourne]()
from $1500
hire fee / per dayCheck availabilityGallery I, II & III
70 guestsThe Olsen Hotel Melbourne - Art SeriesSouth Yarra, MelbourneThe Olsen Galleries I, II, and III offer versatile event spaces in the heart of South Yarra, perfect for a wide range of occasions. These galleries can be set up in various configurations, whether for a formal boardroom meeting,
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![Gallery I & II at The Olsen Hotel Melbourne - Art Series in South Yarra, Melbourne]()
from $1000
hire fee / per dayCheck availabilityGallery I & II
40 guestsThe Olsen Hotel Melbourne - Art SeriesSouth Yarra, MelbourneGallery I and Gallery II at The Olsen offer versatile event spaces that cater to a wide range of functions, from business meetings to celebratory occasions.
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![Gallery III at The Olsen Hotel Melbourne - Art Series in South Yarra, Melbourne]()
from $600
hire fee / per dayCheck availabilityGallery III
25 guestsThe Olsen Hotel Melbourne - Art SeriesSouth Yarra, MelbourneThe Olsen Hotel Melbourne - Art Series is an art-led boutique hotel that integrates contemporary artworks into its rooms and public areas. Venue highlights: On-site accommodation ranges from guest suites to a Penthouse that
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![Backroom at Ovolo South Yarra in South Yarra, Melbourne]()
from $2000
minimum spend / per sessionCheck availabilityBackroom
90 guestsOvolo South YarraSouth Yarra, Melbourne
#Supervenue
SSally I.
“I was impressed at every turn by what the venue has built for itself, and what the team were willing to offer.” -
![Penny & The Jets at Ovolo South Yarra in South Yarra, Melbourne]()
from $800
minimum spend / per dayCheck availabilityPenny & The Jets
40 guestsOvolo South YarraSouth Yarra, Melbourne
#Supervenue
BBrittney V.
“Incredible event space & very unique.” -
![Level One at Arcadia Hotel in South Yarra, Melbourne]()
from $1000
hire fee / per afternoonCheck availabilityLevel One
120 guestsArcadia HotelSouth Yarra, MelbourneLevel One is a modern space with an industrial twist. This picturesque party room comes with its own private bar, amenities, projection screen, and spacious dance floor.
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![Cocktail Lounge at The Osborne Rooftop & Bar in South Yarra, Melbourne]()
from $3000
minimum spend / per sessionCheck availabilityCocktail Lounge
130 guestsThe Osborne Rooftop & BarSouth Yarra, MelbourneCocktail Lounge is a Lounge in The Osborne Rooftop & Bar and is defined by a long, full-service tiled bar running the length of one wall. Design: The interior pairs exposed brick and teal banquette seating with a mix of timber
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![Private Dining Room at Temperance Hotel in South Yarra, Melbourne]()
from $1000
minimum spend / per sessionCheck availabilityPrivate Dining Room
15 guestsTemperance HotelSouth Yarra, Melbourne
#Supervenue
LLouise's 3.
“I recently had my 30th at Temperance Hotel and it was a real hoot!! The private lounge was such a vibe!!” -
![Gallery IV at The Olsen Hotel Melbourne - Art Series in South Yarra, Melbourne]()
from $650
hire fee / per dayCheck availabilityGallery IV
40 guestsThe Olsen Hotel Melbourne - Art SeriesSouth Yarra, MelbourneLocation: South Yarra's Chapel Street precinct places the hotel amid restaurants, bars and boutique shops that provide options for post-event dining and entertainment.
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FAQs about Top Event Rooms in South Yarra
The cost of function rooms averages around $2000 minimum spend per event. The final price will depend on location, size, amenities, and demand. Some venues also offer additional packages that include catering, AV equipment, or additional services. Take a look at the usual price ranges in South Yarra, based on Tagvenue data:
| Typically between $1000 | and $2500 | minimum spend per event |
| Typically between $600 | and $1000 | hire fee per day |
Based on the popularity and user ratings on Tagvenue (updated November 2026), the best options include:
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Rock Sugar Function Room at Rock Sugar in Prahran - rated 5/5
Our user said: ‘If you are looking for delicious food, great venue and amazing staff then Rock Sugar is the place!’ -
Private Lounge at Temperance Hotel in South Yarra - rated 4.9/5
Our user said: ‘Would recommend this space to anyone who wants to host a private function. The food was also incredible!’ -
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.’
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Rock Sugar Function Room at Rock Sugar, from $1000 minimum spend per event (up to 30 guests seated)
Our user said: ‘If you are looking for delicious food, great venue and amazing staff then Rock Sugar is the place!’ -
Private Dining Room at Temperance Hotel, from $1000 minimum spend per event (up to 15 guests standing)
Our user said: ‘Bea was a pleasure to deal with and made organising my birthday stress free.’ -
Roped Off Lounge + Balcony at Katuk, from $1000 minimum spend per event (up to 70 guests standing)
Venue said: Best for: Cocktail receptions, whisky tastings, intimate private parties. Location: Chapel Street in South Yarra sits within a busy nightlife precinct and places many bars and restaurants close by for after‑event plans.
This part of Melbourne offers a selection of venues suitable for a function. Hiring a function room in a hotel is one of the most popular options, along with hiring a blank canvas space or a community hall which can be used for different purposes. If you decide to go the more untraditional route, you can hire a pub, a bar or a restaurant with a function room for a memorable experience.
South Yarra is an inner suburb of Melbourne and has several access points via public transport. This means that hiring a venue in the proximity of South Yarra or Hawksburn Stations is going to make an event highly accessible for your guests. You can also opt for a venue along Chapel Street or Toorak Road since they are both strategically located in the centre of this district.
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Page last updated in November 2026
To provide you with relevant information, our pages are refreshed using an algorithm that aggregates real-time data, including bookings, reviews, and venue updates.