Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 205/39 Coventry Street 2 2 1 Apartment | 10:00 AM Sat 27th Apr | Ray White |
Sat 4 May | Auction Time | Agency | |
|---|---|---|---|
 | 415/250 St Kilda Road 2 2 2 Apartment | 10:30 AM Sat 4th May | Marshall White |
 | 11/38 Wells Street 2 1 1 Apartment | 10:30 AM Sat 4th May | MICM Property |
 | 3304/57-61 City Road 1 1 1 Apartment | 1:00 PM Sat 4th May | Ray White |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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% | $380,000 | $1,650,000 | 4 |
| 2023 | $816,500 | +6.7% | $530,000 | $4,259,000 | 35 |
| 2024 | - | - | - | - | - |
Median Sale Price
$814K
Based on 25 recorded sales within the last 12 months
Updated on 24 Apr 2024
Suburb Growth
-0.3%
Current Median Price: $814,000
Previous Median Price: $816,500
Based on 39 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
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 | $850 | 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 | $600 | +8.3% | $290 | $2,500 | 30 |
| 2019 | $545 | -10.1% | $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 | 59 |
| 2023 | $600 | +8.3% | $90 | $1,000 | 32 |
| 2024 | $745 | +19.5% | $60 | $1,000 | 8 |
Median Rent Price
$630
per week
Based on 23 recorded rent within the last 12 months
Updated on 24 Apr 2024
Rent Price Growth
+7.9%
Current Median Rent: $630
Previous Median Rent: $580
Based on 69 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4%
Current Median Price: $814,000
Current Median rent: $630
Based on 48 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
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 |