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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

99/99 Whiteman St, Southbank

$795,000

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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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Unit

VIC 3006


402/135 City Rd, Southbank

$380,000

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North-Facing Corner Apartment in Private Podium Setting

• Private podium level with exclusive access • Only two apartments per floor • North-facing corner position • Open-plan living with undercover balcony • Smeg kitchen with stone benchtops • Large bedroom with built-in robes • Pool, gym and sauna ...

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Unit

VIC 3006


1711/1 Freshwater Pl, Southbank

$550,000

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FRESHWATER PLACE - THE ULTIMATE IN APARTMENT LIVING

Located in Southbanks highly sought after location, the prestigious Freshwater Place complex located on the bank of the Yarra offers the ultimate in apartment living with facilities such as indoor pool, gymnasium, roof top garden, BBQ area, theatre, steam room/sauna to name a few for its ...

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Unit

VIC 3006


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