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

83/1 Riverside Qy, Southbank

$840,000

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Stylish Riverside Apartments Retreat with Renovated Allure

An impeccably presented blend of far-reaching flow, detailed quality and a city-edge locale, this fully renovated 2 bedroom, 2 bathroom (plus fitted study zone) apartment will instantly inspire in the prestigious Riverside Apartments complex. Venture downstairs and walk to riverside restaurants, ...

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VIC 3006


6003/35 Queensbridge St, Southbank

$1,400,000

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Sky-High Roomy Prima Tower Luxury with Stunning City and Water V

A sky-high celebration of Prima Tower prestige, this superbly spacious 3 bedroom, 2 bathroom apartment will energise every day with commanding views of magnificent Melbourne at every turn. Investors will appreciate the CBD convenience, downsizers and families can purchase without compromising on ...

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VIC 3006


1600/180 City Rd, Southbank

$648,000

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Spacious Entertainer with Southbank One Luxury, Lifestyle

A captivating blend of exceptional finish, sleek design and unsurpassed convenience, this stylish 2 bedroom, 2 bathroom apartment is enriched by the best of Melbourne ready to explore from your doorstep. Head downstairs and simply stroll to a boutique FoodWorks next door, Melbourne Square ...

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Unit

VIC 3006


1108/9 Power St, Southbank

$570,000

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High-Demand Southbank Investment in Prima Tower

This well-positioned apartment presents an outstanding opportunity for investors seeking strong rental appeal in the heart of Southbank. Featuring a smart and functional floorplan with newly installed carpet, the second room can be utilized as a study or guest room catering perfectly to tenants ...

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VIC 3006


1203/152 Sturt St, Southbank

$600,000

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Sophisticated Living with Breathtaking City Light Views

• North-facing full-width balcony with sweeping city outlook • Open-plan living with floor-to-ceiling windows and natural light • Stone kitchen with stainless-steel appliances & integrated fridge/freezer • Study nook with built-in desk • 25m lap pool, gym, steam ...

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VIC 3006


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