Southbank sits on the Yarra River bank directly adjacent to the CBD and is Melbourne’s premiere arts and entertainment precinct. With attractions like the Arts Centre, Crown Casino, riverside promenades, and high-rise apartments, it caters to tourists, nightlife seekers, and urban professionals. The area also hosts significant office developments and cultural venues.

Offices servicing Southbank

Your Southbank real estate experts

The Jellis Craig Southbank real estate team are trusted and highly experienced sales agents that have a reputation for achieving exceptional results for buyers, sellers, and investors. If you are looking to buy, sell or lease a property in Southbank, we can provide you with expert advice and assist you in achieving your property goals.

If you are considering selling, your first question would be “What is my home worth?”. The Jellis Craig Southbank specialists, have an in-depth knowledge of the suburb and trends that affect property values in Southbank. Your team of local are experts can provide you with an estimate of the value of your property by conducting a property appraisal.

Our Southbank team also has an expert Property Management division that specialises in leasing property in Southbank quickly and to high quality tenants. If you would like to know the rental return that you can expect on your property as a landlord, we can also provide you with a rental appraisal and assist you in finding the ideal tenant.

View current properties for sale in Southbank and browse recent sold results to see what houses in Southbank are selling for. If you would like to know more about buying, selling, and leasing, or would like to know the value of your property in the current market, contact our Southbank experts today.

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Sales snapshot

Southbank sales snapshot


Key facts and figures to know before selling

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past quarter

12.5%

Median days on market Info * Updated quarterly for the past 12 months

Houses

35 days

Units

54 days

Average hold period Info * Updated monthly for the past 12 months

Houses

22.1 years

Units

11.7 years

Property prices

Median house price

Median Info * Updated monthly for the past 12 months

$945k

Monthly price change Price change Info * Updated monthly for the past 12 months

0.00%

Median unit price

Median Info * Updated monthly for the past 12 months

$545k

Monthly price change Price change Info * Updated monthly for the past 12 months

0.83%

Southbank monthly median property prices

Houses    Units

Suburb Report

Your connection to property insights

A reliable snapshot of the property market in Southbank.

Property listings
Schools

New Generation College

Level 6 152-168 Elizabeth Street Melbourne

0.3km

The Meridian International School

196 Flinders Street Melbourne

0.4km

Ozford College

Level 3 - 169 Swanston Street Melbourne

0.8km

Stott's College

168 Exhibition Street Melbourne

1.0km

Victorian College Of The Arts Secondary School

57 Miles Street Southbank

1.0km

Holmes Secondary College

185 Spring Street Melbourne

1.1km

Taylors College

399 Lonsdale Street Melbourne

1.1km

Melbourne Grammar School

1 Domain Rd Melbourne

1.6km

Agents servicing Southbank