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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 456 investment properties found in Southbank on realestateinvestar.com.au

912/33 City Rd, Southbank

$320,000

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Great Views, Top Position - Extinguish the lease with just 90 Da

This impressive apartment is situated on Level Nine offering a quiet South/Easterly aspect with views toward Melbourne's Arts Centre and beyond to the MCG. This is a one-bedroom apartment measuring 53 square meters. Recently refurbished, the apartment offers a generous bedroom with built in robes, ...

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Unit

VIC 3006


N/A, Southbank

$670,000

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1-Bedroom Apartment with Premium Amenities and Vibrant Melbourn

FOR FIRST HOME BUYERS: GET INTO YOUR FIRST HOME FASTER WITH GOVERNMENT SUPPORT. YOU CAN BUY WITH A 5% DEPOSIT, NO LMI (LENDERS' MORTGAGE INSURANCE), AND NO STAMP DUTY*. FOR FINANCE ASSISTANCE & FREE CONVEYANCING, PLEASE CONTACT ON 0423814254. Discover the perfect blend of modern convenience and ...

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Unit

VIC 3006


N/A, Southbank

$695,000

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1-Bedroom Apartment with Premium Amenities and Vibrant Melbourne

FOR FIRST HOME BUYERS: GET INTO YOUR FIRST HOME FASTER WITH GOVERNMENT SUPPORT. YOU CAN BUY WITH A 5% DEPOSIT, NO LMI (LENDERS' MORTGAGE INSURANCE), AND NO STAMP DUTY*. FOR FINANCE ASSISTANCE & FREE CONVEYANCING, PLEASE CONTACT ON 0423814254. Discover the perfect blend of modern convenience and ...

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Unit

VIC 3006


N/A, Southbank

$750,000

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Modern Elegance and City Convenience: Spacious 1 Bedroom Apartme

FOR FIRST HOME BUYERS: GET INTO YOUR FIRST HOME FASTER WITH GOVERNMENT SUPPORT. YOU CAN BUY WITH A 5% DEPOSIT, NO LMI (LENDERS' MORTGAGE INSURANCE), AND NO STAMP DUTY*. FOR FINANCE ASSISTANCE & FREE CONVEYANCING, PLEASE CONTACT ON 0423814254. Step into a lifestyle of comfort and sophistication in ...

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VIC 3006


1206/57-61 City Rd, Southbank

$298,000

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Modern City Living in the Heart of Southbank

Positioned in the vibrant heart of Southbank, this stylish one-bedroom apartment offers the perfect opportunity for both first-home buyers and savvy investors alike. Residents will appreciate the building's premium location! You are just moments from Crown Entertainment Complex, Southgate dining ...

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Unit

VIC 3006


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