Southbank, VIC 3006

Southbank, VIC 3006

Compare Part of Melbourne

1.04 km
Distance from CBD
5 k
Population

Auction Times

Sat 30 Jan
Auction Time Agency
2407/241 City Road
2 1 1 Apartment
12:30 PM
Sat 30th Jan
MICM Melbourne Lonsdale Street
Sat 6 Feb
Auction Time Agency
89/88 Wells Street
2 1 1 Apartment
12:00 PM
Sat 6th Feb
Ray White
Median Sale Price
House
$555K
Updated on Dec 2020
2 BR
$553K
3 BR
$1.49M
4 BR
-
Unit
$575K
Updated on Dec 2020
1 BR
$409K
2 BR
$584K
3 BR
$918K
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 $990,000 3
2020
-
- - - -
2021
-
- - - -
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 26 Jan 2021
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 Dec 2020)
Median Weekly Rent Price
House
$475
Updated on Dec 2020
2 BR
$500
3 BR
$550
4 BR
$2,250
Unit
$460
Updated on Dec 2020
1 BR
$390
2 BR
$500
3 BR
$800
4 BR
$1,100
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
$510
+5.9% $50 $1,250 46
2016
$500
-2.0% $50 $1,100 30
2017
$550
+9.1% $310 $950 32
2018
$600
+8.3% $330 $2,500 30
2019
$545
-10.1% $400 $2,800 15
2020
$550
+0.9% $300 $2,800 51
2021
-
- - - -
Median Rent Price
$550
per week
Based on 50 recorded rent within the last 12 months
Updated on 26 Jan 2021
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 66 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 50 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Southbank

Houses sold in Last 12 months ends 23 Jan 2021

$665K

Median Sale Price

100%

Clearance Rate

2/2

Sold/Reported

$665K

Highest Sale Price

Sold Price Range No. of Sold Properties
$600 K - $800 K
(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