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

4009/151 City Rd, Southbank

$630,000

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Dazzling Designer Domain with Breathtaking Parkland Views

A sunlit illustration of high-quality finish, wide-reaching space and a stellar location in the heart of Southbank, this sky-high 2 bedroom, 2 bathroom apartment captures stunning views from every angle. Head downstairs and explore the best of Melbourne so close to the CBD, Crown, Melbourne Square ...

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VIC 3006


1707/283 City Rd, Southbank

$295,000

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Prime Southbank Living in the Renowned Bank Apartments

Nestled within the highly sought-after Bank Apartments in the vibrant heart of Southbank, this residence places you just moments from Crown, Clarendon Street, South Melbourne Market, and the CBD. Offering a seamless blend of comfort and convenience, it delivers a lifestyle defined by ease and ...

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VIC 3006


1413/8 Dorcas St, Southbank

$390,000

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Expressions of Interest - Closing 5pm 12th January 2026

Positioned on the 14th floor of the sought-after 'EIGHT' building, this stylish one-bedroom plus study apartment delivers effortless Southbank living combining light-filled interiors, a smart 53sqm layout, and unbeatable convenience just moments from the Royal Botanic Gardens, St Kilda Road trams, ...

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VIC 3006


1109/43 Hancock St, Southbank

$450,000

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RESORT STYLE LIVING

Don't miss this fantastic opportunity in the Stature building, with this like-new 2-bed, 1-bath apartment on offer for astute buyers. This chic inner city pad provides quality, style, and convenience, perfect for cosmopolitan living. The open plan living zone offers modern finishes, with plenty of ...

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VIC 3006


1603/18 Hoff Blvd, Southbank

$540,000

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RESORT STYLE LIVING

Don't miss this fantastic opportunity in the Melbourne Square complex, with this like-new 2-bed, 2-bath apartment on offer for astute buyers. This chic inner city pad provides quality, style, and convenience, perfect for cosmopolitan living. The open plan living zone offers modern finishes, with ...

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VIC 3006


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