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Investment Property Southbank, VIC, 3006

Suburb Snapshot

Southbank is a suburb in the Melbourne Region of Victoria. Southbank has a population of 18,709 people and 47.94% of its occupants live in rental accommodation. The median listing price for houses is NA and this has changed NA over the past year and changed NA over 2 years.

The median rent in Southbank for houses is $615 per week and the median rental yield is NA. Stock on the market for houses/townhouses has changed -68.75% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $596,500 and this has changed -2.22% over the past year. The average unit takes 169 days to sell and the median rent for a unit in Southbank is $610 per week, producing a rental yield of 5.31%.

Supply & Demand in Southbank, Melbourne

3.54%

Current vacancy rate


646

Rental stock available


18,709

Population


47.94%

Rental population


2.45%

Current vacancy rate


3,287

Rental stock available


135,965

Population


52.20%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Southbank, Melbourne

  House Townhouses Units
Median listing price NA NA $596,500
Median price change - last quarter NA NA -0.67%
Median price change - 1 year NA NA -2.22%
Median price change - 2 years NA NA -0.59%
  House Townhouses Units
Median weekly rent $615 NA $610
Median yield % NA NA 5.31%
Median rent change - 1 year 2.50% NA 3.38%
  House Units
Previous month sales 1 58
Stock on market previous month 5 596
Stock variance vs. last year -68.75% 7.58%
Average days on market NA 169

Southbank investment property listings

Showing 5 of 457 investment properties found in Southbank on realestateinvestar.com.au

31/161 Sturt St, Southbank

$430,000

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Radiant Retreat in a Sought-After Southbank Setting

Easy to love, exceptional to live in, and effortless to rent out, this north-facing 1 bedroom apartment showcases a free-flowing floorplan with size to surprise. Welcome to a special Southbank neighbourhood celebrated for convenience, amenity, and arts precinct vibrancy. Simply stroll to the NGV, ...

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VIC 3006


3809/151 City Rd, Southbank

$670,000

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Award-Winning Southbank Grand with Unbeatable Parkland Vistas

An instantly inviting celebration of light-filled luxury, this immaculately maintained 2 bedroom, 2 bathroom apartment showcases panoramic parkland views as far as the eye can see! Owning a sky-high 38th floor position in the award-winning Southbank Grand building, venture downstairs and explore ...

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VIC 3006


2706/133 City Rd, Southbank

$525,000

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Unobstructed City Views with Iconic Melbourne Landmarks

Positioned high in the heart of Southbank, this spacious two-bedroom apartment captures breathtaking, uninterrupted views across Melbourne's city skyline, with the MCG and Rod Laver Arena prominently on display an outlook that truly sets this home apart. The apartment boasts generous living and ...

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VIC 3006


2504/201 Normanby Rd, Southbank

$458,000

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STYLISH ONE-BEDROOM LIVING WITH ELEVATED VIEWS

Positioned within the sought-after Normanby Residences, this beautifully presented one-bedroom apartment delivers modern comfort, quality finishes, and impressive outlooks across Southbank and beyond. Ideal for first-home buyers, professionals, and investors, this residence offers a ...

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VIC 3006


505/144 Clarendon St, Southbank

$495,000

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Inner City Oasis

In a dream location on the city fringe that offers easy access not only to Southbank and Clarendon Street, but also the city itself and the Arts Precinct. This low maintenance two bedroom pad is the ultimate base for a cosmopolitan urban lifestyle. Walking distance from almost everything, the ...

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VIC 3006


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