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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 3 of 3 investment properties found in Southbank on realestateinvestar.com.au

123/173 City Rd, Southbank

$630,000

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Spacious, Stylish and Central in the Perfect Position

A wide-reaching celebration of free-flowing space, this captivating 2 bedroom, 2 bathroom apartment offers sunlit Southbank living at its most engaging. Head downstairs from your 12th floor retreat and stroll to the CBD, riverside restaurants, Crown, Melbourne Square Woolworths, Boyd Community ...

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Unit

VIC 3006


1711/105 Clarendon St, Southbank

$430,000

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Considered Design, Luxury Finishes, Amazing Location!

-Thoughtful floorplan maximises spaces and allows for phenomenal light -Relaxed living and meals flows out to a versatile winter garden -Immaculate straight line kitchen with premium stone and Smeg appls -Two superb bedrooms with BIRs incl. one bedroom with study nook -Gleaming bathroom, European ...

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Unit

VIC 3006


3605/105-107 CLARENDON St, Southbank

$0

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Luxury 36th-Floor Apartment with Unbeatable Views Southbank, Me

Perched on the 36th floor, this stunning two-bedroom apartment offers breathtaking panoramic views of Melbourne's skyline and the Port Phillip. Designed for those who seek the very best in urban living, this residence is an exceptional opportunity for both owner-occupiers and savvy investors. Why ...

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Unit

VIC 3006


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