Southbank, VIC 3006

Southbank, VIC 3006

Compare Part of Melbourne

1.04 km
Distance from CBD
5 k
Population

Auction Times

Sat 10 Dec
Auction Time Agency
185/173 City Road
1 1 0 Apartment
10:30 AM
Sat 10th Dec
MICM Property
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$575,000
0.0% $461,000 $862,500 4
2010
$620,000
+7.3% $350,000 $920,000 4
2011
$500,000
-24.0% $500,000 $500,000 1
2012
-
- - - -
2013
$386,000
-29.5% $386,000 $770,000 4
2014
$1,320,000
+70.8% $335,000 $1,320,000 2
2015
$1,145,000
-15.3% $295,000 $1,200,000 4
2016
$1,220,000
+6.1% $725,000 $1,220,000 2
2017
$470,000
-159.6% $367,000 $1,365,000 3
2018
-
- - - -
2019
$990,000
+52.5% $895,000 $4,500,000 5
2020
-
- - - -
2021
-
- - - -
2022
$762,000
-29.9% $575,000 $1,650,000 4
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 1 Dec 2022
Suburb Growth
n/a
Current Median Price:
Previous Median Price:
Based on 0 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$520
0.0% $340 $650 10
2012
$650
+20.0% $380 $1,600 14
2013
$575
-13.0% $370 $1,850 15
2014
$480
-19.8% $45 $780 13
2015
$500
+4.0% $50 $1,250 46
2016
$500
0.0% $50 $1,100 30
2017
$550
+9.1% $310 $950 32
2018
$581
+5.3% $290 $2,500 30
2019
$545
-6.6% $400 $2,800 15
2020
$550
+0.9% $300 $2,800 54
2021
$425
-29.4% $40 $1,100 53
2022
$550
+22.7% $290 $1,100 49
Median Rent Price
$550
per week
Based on 54 recorded rent within the last 12 months
Updated on 1 Dec 2022
Rent Price Growth
+22.7%
Current Median Rent: $550
Previous Median Rent: $425
Based on 105 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $550
Based on 54 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Southbank

Houses sold in Last 12 months ends 26 Nov 2022

$1.65M

Median Sale Price

67%

Clearance Rate

2/3

Sold/Reported

$1.65M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.6 M - $1.8 M
(Median Price Range)
1
$400 K - $600 K 1

Schools closest to Southbank, VIC 3006

School name Address Type Sector Distance
Victorian College Of The Arts Secondary SchoolTop 50 57 MILES STREETSouthbank 3006 Secondary Government 0.63 km
Eltham College of Education City CampusTop 100 Melbourne 3000 Combined Independent 0.98 km
Melbourne Grammar School DOMAIN ROADMelbourne 3004 Combined Independent 1.46 km
Ozford College LEVELS 2 AND 5, 123 LONSDALE STREETMelbourne 3000 Secondary Independent 1.59 km
MacRobertson Girls High SchoolTop 5 350-370 KINGS WAYMelbourne 3004 Secondary Government 1.62 km
Galilee Regional Catholic Primary School MONTAGUE STREET & BANK STREETSouth Melbourne 3205 Primary Catholic 1.73 km
Melbourne Girls' Grammar School - an Anglican SchoolTop 20 82 ANDERSON STSouth Yarra 3141 Combined Independent 1.98 km
Academy of Mary ImmaculateTop 100 88 NICHOLSON STFitzroy 3065 Secondary Catholic 2.32 km
Albert Park Primary School BRIDPORT STREETAlbert Park 3206 Primary Government 2.37 km