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

99/99 Whiteman St, Southbank

$765,000

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Sunlit, Spacious and Stylish with Striking City and Bay Views

An impeccable blend of sunlit style, family-sized space and a serene corner setting, this vast 3 bedroom, 2 bathroom apartment highlights the soaring city skyline in glowing northern light. Venture downstairs and the best of Melbourne is ready to be explored from your doorstep. Take a short stroll ...

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VIC 3006


41/99 Whiteman St, Southbank

$690,000

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Sleek Retreat with Breathtaking City Views

A stunning showcase of the soaring city skyline, this impeccable 2 bedroom, 2 bathroom, 2 balcony apartment highlights a captivating world of spacious style, glowing northern light and seamless indoor/outdoor flow over an impressive 90sqm (approx.). Explore your new city-edge neighbourhood with an ...

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VIC 3006


265/100 Kavanagh St, Southbank

$650,000

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Ultimate Southbank Entertainer in a Tranquil Corner Position

A light-filled blend of vast space, quality finish and picturesque views, this captivating 2 bedroom, 2 bathroom apartment spreads out 26 floors high in a coveted corner position. Elevate your expectations every day in a city-edge neighbourhood with unrivalled convenience. Take a short walk to ...

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Unit

VIC 3006


175/100 Kavanagh St, Southbank

$635,000

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Spacious Layout in a Northeastern Corner Setting

Showcasing space, style and sunlit sophistication in a central Southbank setting, this wide-reaching 2 bedroom, 2 bathroom apartment is set to inspire from a northeastern corner position in the tightly held Victoria Tower complex. Head downstairs and the convenience is unrivalled. Take an easy ...

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VIC 3006


102/60 Kavanagh St, Southbank

$430,000

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Oversized One plus Study with Style and Sophistication

A truly spacious illustration of award-winning Southbank Place splendour, this immaculate 1 bedroom (plus full-sized study) apartment delivers meticulous quality on the first floor in a building celebrated for resort-inspired excellence. Situated within walking distance of the CBD, the central ...

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VIC 3006


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