Southbank, VIC 3006

Southbank, VIC 3006

Compare Part of Melbourne

1.04 km
Distance from CBD
5 k
Population

Auction Times

Sat 22 Feb
Auction Time Agency
2307/163 City Road
2 2 1 Apartment
11:00 AM
Sat 22nd Feb
Hocking Stuart
Wed 26 Feb
Auction Time Agency
3606/241 City Road
2 2 1 Apartment
6:30 PM
Wed 26th Feb
Ray White
Sat 29 Feb
Auction Time Agency
1706/33 City Road
2 2 2 Apartment
11:00 AM
Sat 29th Feb
Hocking Stuart
212/221 Sturt Street
3 2 1 Apartment
11:30 AM
Sat 29th Feb
Whiting & Co Real Estate
186/38 Kavanagh Street
3 1 2 Apartment
2:00 PM
Sat 29th Feb
Chisholm & Gamon Property Port Melbourne
Wed 4 Mar
Auction Time Agency
115/1 Riverside Quay
2 1 1 Apartment
6:00 PM
Wed 4th Mar
Abercromby's Real Estate
Median Sale Price
House
$895K
Updated on Jan 2020
2 BR
$1.13M
3 BR
-
4 BR
-
Unit
$580K
Updated on Jan 2020
1 BR
$393K
2 BR
$600K
3 BR
$885K
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
-
- - - -
Median Sale Price
$0M
Based on 0 recorded sales within the last 12 months
Updated on 20 Feb 2020
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 Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$490
Updated on Jan 2020
2 BR
-
3 BR
$750
4 BR
-
Unit
$580
Updated on Jan 2020
1 BR
$470
2 BR
$600
3 BR
$900
4 BR
$3,700
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
$515
+6.8% $50 $1,250 46
2016
$500
-3.0% $50 $1,100 30
2017
$550
+9.1% $360 $950 32
2018
$600
+8.3% $400 $2,500 30
2019
$545
-10.1% $450 $2,800 15
2020
$720
+24.3% $720 $720 1
Median Rent Price
$545
per week
Based on 15 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
-10.1%
Current Median Rent: $545
Previous Median Rent: $600
Based on 44 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
n/a
Current Median Price:
Current Median rent: $545
Based on 15 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Southbank

Houses sold in Last 12 months ends 15 Feb 2020

$895K

Median Sale Price

100%

Clearance Rate

1/1

Sold/Reported

$895K

Highest Sale Price

Sold Price Range No. of Sold Properties
$800 K - $1 M
(Median Price Range)
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