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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 $600 per week and the median rental yield is NA. Stock on the market for houses/townhouses has changed -64.29% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $595,000 and this has changed -4.04% over the past year. The average unit takes 173 days to sell and the median rent for a unit in Southbank is $610 per week, producing a rental yield of 5.33%.

Supply & Demand in Southbank, Melbourne

3.67%

Current vacancy rate


671

Rental stock available


18,709

Population


47.94%

Rental population


2.64%

Current vacancy rate


3,541

Rental stock available


135,965

Population


52.20%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Southbank, Melbourne

  House Townhouses Units
Median listing price NA NA $595,000
Median price change - last quarter NA NA -0.67%
Median price change - 1 year NA NA -4.04%
Median price change - 2 years NA NA -0.84%
  House Townhouses Units
Median weekly rent $600 NA $610
Median yield % NA NA 5.33%
Median rent change - 1 year 4.34% NA 5.17%
  House Units
Previous month sales 0 55
Stock on market previous month 5 605
Stock variance vs. last year -64.29% 13.51%
Average days on market NA 173

Southbank investment property listings

Showing 1 of 1 investment properties found in Southbank on realestateinvestar.com.au

3102/180 City Rd, Southbank

$929,000

property pic

Exclusive Family-Sized Luxury with Stunning City Views

A fresh blend of northern light, a peaceful corner setting and captivating city views, this spectacular 3 bedroom, 2 bathroom (plus substantial study zone) apartment is set to perfection 31 floors sky-high in the award-winning Southbank One complex. Head downstairs and the central location offers ...

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3

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VIC 3006


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