Southbank Suburb Report | Jellis Craig

Southbank

Suburb Reports - Your connection to property insights

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3006
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

0.00%


Southbank monthly median property prices

Houses    Units

Compare my property

Choose your property type below to find out the median price and recent comparable sales in Southbank.

Property Type

Bedrooms

Median price Info * Updated monthly for the past 12 months

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Median price change Median price change Info * Updated monthly for the past 12 months

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Recent comparable sales Recent comparable sales Info * Updated daily for the past 12 months
Address Bedrooms Type Price Sold
Surrounding suburbs

Compare how Southbank is performing compared to its closest neighbours.

Median sale price Info * Updated monthly for the past 12 months

Houses    Units   

Middle Park $3,062,500

Middle Park $3,062,500 0%

East Melbourne $2,951,250

East Melbourne $2,951,250 3% decrease

Albert Park $2,501,000

Albert Park $2,501,000 0%

Parkville $1,768,888

Parkville $1,768,888 0%

Fitzroy $1,422,000

Fitzroy $1,422,000 9% decrease

Docklands $1,360,000

Docklands $1,360,000 3% decrease

Collingwood $1,345,000

Collingwood $1,345,000 1% increase

North Melbourne $1,235,000

North Melbourne $1,235,000 2% decrease

Southbank $981,000

Southbank $981,000 0%

Melbourne $580,000

Melbourne $580,000 21% increase
Sales snapshot

Key insights to the property market within Southbank.

Sale method Info * Updated daily for the past 12 months

Auction clearance rate Info * Updated daily for the past Saturday's auctions

20%


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

House

35 days


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

Unit

51 days


Jellis Craig average inspection attendance per listing Info * Jellis Craig's average inspection attendance per listing (houses) for the past 12 months

20 groups


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

House

21.1 years


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

Unit

11.5 years


Investor insight

Explore key demographics and investor insights including median asking rent and ownership statistics within Southbank.

Dwelling type Info * ABS 2021

Houses 0%    Units 100%


Population Info * ABS 2021

22,631


Population growth Info * ABS 2021

20.96%


Median age Info * ABS 2021

31 years


Ownership Info * ABS 2021

Owned Outright 13%    Mortgaged 18%    Rented 69%


Median asking rent per week Info * Updated monthly for
the past 12 months

House

$600


Median asking rent per week Info * Updated monthly for
the past 12 months

Unit

$700


Rental yield Info * Updated monthly
for the past 12 months

House

3.86%


Rental yield Info * Updated monthly
for the past 12 months

Unit

7.01%


Median household size Info * ABS 2021

1.8 people


Sold properties

Interested in what other properties have sold within your suburb? Discover the last 12 months of sales in your area below.

Properties

Property Type

Bedrooms

Price range


Address Bedrooms Type Price Sold

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