Southbank on the Yarra River's south side features the bustling Southbank Promenade with cafes, restaurants, shops, hotels, offices, art, and apartments. It's a popular spot for dining, strolling, and cultural attractions like the Melbourne Arts Centre, National Gallery of Victoria, and more. Rapid residential growth has expanded the area, mainly in high-rise apartments including the iconic 300-meter Eureka Tower.

Southbank
Click here for a property appraisalYour 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
* Updated daily for the past 12 months
Auction clearance rate
* Updated daily for the past quarter
84.62%
Median days on market
* Updated daily for the past quarter
48 days
Average hold period
* Updated quarterly for the past 12 months
7.8 years
Property prices
Median unit price
Median
* Updated quarterly for the past 12 months
$555k
Price change
* Updated quarterly for the past 12 months
-2.63%
Quarterly price change
* Updated quarterly for the past 12 months
Units
Suburb Report
Know your postcode
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