Southbank, VIC 3006

Southbank, VIC 3006

Compare Part of Melbourne

1.04 km
Distance from CBD
5 k
Population

Auction Times

Sat 2 Jul
Auction Time Agency
4/110 Dodds Street
2 1 1 Apartment
10:30 AM
Sat 2nd Jul
Ray White
Sat 9 Jul
Auction Time Agency
3/51 Kavanagh Street
3 1 1 Apartment
10:30 AM
Sat 9th Jul
Ray White
Median Sale Price
House
$769K
Updated on May 2022
2 BR
$712K
3 BR
$1.23M
4 BR
-
Unit
$580K
Updated on May 2022
1 BR
$413K
2 BR
$600K
3 BR
$870K
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% $762,000 $762,000 1
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 30 Jun 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 May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$470
Updated on May 2022
2 BR
$470
3 BR
$600
4 BR
-
Unit
$440
Updated on May 2022
1 BR
$360
2 BR
$470
3 BR
$780
4 BR
$1,063
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
$420
-31.0% $40 $1,100 53
2022
$520
+19.2% $290 $1,100 34
Median Rent Price
$490
per week
Based on 63 recorded rent within the last 12 months
Updated on 30 Jun 2022
Rent Price Growth
+11.2%
Current Median Rent: $490
Previous Median Rent: $435
Based on 112 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $490
Based on 63 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Southbank

Houses sold in Last 12 months ends 25 Jun 2022

$0M

Median Sale Price

0%

Clearance Rate

0/1

Sold/Reported

$0M

Highest Sale Price

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