Suburb Profile Southbank

Suburb Profile

Supply Demand History in Southbank

MonthSupplyDemand
2015 Apr4498115
2015 May4488555
2015 Jun4598403
2015 Jul4658701
2015 Aug4548267
2015 Sep4477468
2015 Oct4566862
2015 Nov4416137
2015 Dec4065473
2016 Jan4038791
2016 Feb4357663
2016 Mar4337523
2016 Apr4308038

More Recent Sold in Southbank

Address Sold Price
2510/63 Whiteman Street 2 $850,000
172/38 Kavanagh Street 1 $395,000
1307/283 City Road 1 $307,500
2510/1 Balston Street 1 $425,000
3106/60 Kavanagh Street 1 $400,000

More Recent Rent in Southbank

Address Price/Week
4504/81 City Road 2 $750
1515/70 Southbank Boulevard 2 $650
3213/9 Power Street 1 $530
410/83 Queensbridge Street 2 $600
411/250 St Kilda Road 3 $1,250

Rent Yield in Southbank

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$418,205$5506.84%$400,000$5507.15%553
2$612,000$7146.07%$593,000$7006.14%860
3$1,334,284$1,1564.51%$969,000$1,0005.37%165
4$1,947,500--$1,947,500--2
8$23,000,000--$23,000,000--1
House
1$330,000$4807.56%$330,000$4807.56%3
2$487,500--$487,500--2
Unit/apmt
1$411,382$5496.94%$395,000$5507.24%235
2$611,011$7106.04%$594,000$7006.13%384
3$1,182,000$1,2015.28%$890,000$1,0005.84%69
8$23,000,000--$23,000,000--1
Apartment
1$399,154$5517.18%$409,000$5406.87%202
2$555,148$7126.67%$559,000$7206.70%275
3$773,167$1,0136.81%$775,000$1,0006.71%53
4$1,800,000--$1,800,000--1
Other
1$526,000$5345.28%$499,000$5185.40%23
2$656,125$7165.67%$587,500$6806.02%55
3$2,445,167$1,1442.43%$2,375,000$1,0502.30%14
Unknown
1$416,977$5536.90%$399,500$5507.16%90
2$650,262$7275.81%$625,000$7005.82%144
3$1,464,056$1,6415.83%$1,414,000$1,2504.60%29
4$2,095,000--$2,095,000--1

Demographics of Southbank

PopulationSizeSouthbankMelbourne
All People41013366613
Country of OriginSouthbankMelbourne
Australian Born52%65%
Born Overseas - Top 5SouthbankMelbourne
Indonesia13%0%
United Kingdom6%5%
New Zealand5%1%
Malaysia4%1%
China3%1%
Median household incomeSouthbankMelbourne
Weekly income$1,838$1,333
Age StatisticsSouthbankMelbourne
20 to 3955%33%
40 to 5923%28%
5 to 1913%14%
60+7%17%
0 to 43%7%
Family Statistics - Top 5SouthbankMelbourne
Never Married53%33%
Married36%51%
Divorced5%7%
Separated4%3%
Widowed2%6%
Religion - Top 5SouthbankMelbourne
Catholic29%33%
No Religion24%19%
Anglican14%16%
Buddhism8%4%
Uniting Church6%5%
Occupation - Top 5SouthbankMelbourne
Professionals21%8%
Managers and Administrators10%4%
Intermediate Clerical/Sales/Service10%7%
Associate Professional9%5%
Advanced Clerical and Service Workers5%2%
Education - Top 5SouthbankMelbourne
Not Attending (Working)70%73%
University or other Tertiary Institution20%5%
Technical or Further Education4%3%
Secondary Education3%7%
Other Education2%1%
Transport to Work - Top 5SouthbankMelbourne
Car (driver)24%28%
Walked15%1%
Ferry/tram6%1%
Car (passenger)3%3%
Taxi2%0%
Type of Dwelling - Top 3SouthbankMelbourne
Flat85%14%
Semi/Terrace2%8%
Separate house1%74%
Nature of Occupancy - Top 3SouthbankMelbourne
Rented66%24%
Fully Owned13%43%
Purchasing8%27%
Monthly Loan Repayment - Top 5SouthbankMelbourne
$1,500+34%9%
$1,200-$1,39921%7%
$1,000-$1,19921%13%

Crime Rate of Melbourne

Crime TypeRate of MELBOURNERate of VIC
Crime Against Property17,4934,607
Crime Against the Person3,456940
Drug Offences1,506311
Other Crime5,129875
Total27,5846,733
Note: Southbank belongs to city Melbourne. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Southbank, VIC 3006 (1.04 km to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Sold
Suburb
Rent
School
Auction

Surrounding Suburbs

Closest Train Station

Flinders Street Station 0.52 km

Selected Demographics of Southbank

  • 1088 Number of House
  • 18827 Number of Unit
  • 4101 Number of People
  • 29 Median Age
  • 1.9 Median Household Size
  • $496 Weekly Rent
  • $983 Weekly Individual Income
  • $2,230 Weekly Family Income
  • $1,837 Weekly Household Income
  • $718,000 Median Asking Price
  • $520 Median Rent
  • 0.04% Rent Yield
  • 23 Stock On Sale
  • 5.16% Vacancy Rate
  • 431 Average Supply
  • 7743 Average Demand
  • 17.95 Supply Demand Ratio

Schools in Southbank

School NameSchool SectorSchool Type
Victorian College Of The Arts Secondary SchoolGovernmentSecondary

Leading Agencies (Sale)

MICM Property - Southbank 30%

Ray White - Southbank 8%
Hayden Real Estate - Melbourne 3%
Dingle Partners - Melbourne 3%
iProperty - Melbourne 2%
Hocking Stuart - (Albert Park) Pty Ltd 2%
Melcorp Property - Melbourne 2%
Salvo Property Group - SOUTHBANK 1%
Core Realty 1%
Greg Hocking Real Estate - Albert Park 1%

Leading Agents (Rent)

Agent NamePercentage
MICM Property - Southbank26%
Corporate Keys Australia - Port Melbourne8%
Ray White - Southbank4%
Dingle Partners - Melbourne4%
Parktrent Properties Group - Prahran2%
Hayden Real Estate - Melbourne2%
Little Residential1%
GPS Property Pty Ltd - Southbank1%
Buxton - Albert Park1%
RUN Property - Hawthorn/Richmond1%

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