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Southbank and surrounds

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The Upside Property Report gives you an in-depth understanding of your property and the market with comprehensive data including property value estimates, comparables sales and historical suburb performance.
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Comparable sales
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Southbank

Vic 3006

Southbank is like any CBD neighbourhood in Australia – largely high rise, close to everything else in the CBD and well served for almost all amenities. Melbourne’s laneways bring a richness to CBD living which other Australian CBDs, notably Sydney, find difficult to match. Proximity to the Royal Botanic Gardens, Melbourne Cricket Ground, Fitzroy Gardens, Carlton Gardens and Flagstaff Gardens offer access to plenty of green space for CBD residents and Queen Victoria Market provides an unpolished experience for when you need to look beyond the city’s glossy veneer.

Southbank demographics

Median household income
$96,304
Weekly median rent
$511
Median age
30
Average household size
1.9

Dwelling structure

Flat Or Apartment
97.7%
Semi Detached Or Terrace
1.9%
House
0.2%
Other Dwelling
0.1%

Home ownership type

Rented Regular
59.6%
Owned Mortgage
21.8%
Owned Outright
15.7%
Rented State Housing Authority
0%

Method of travel to work

Walking
35.5%
Car
24.4%
Tram Light Rail
20.9%
Train
8.2%

Industry of employment

Professional Scientific And Technical
19.1%
Accommodation And Food Services
12%
Finance And Insurance
9.8%
Retail Trade
7.7%

Recently sold in Southbank

Sold
$532,500 Sold on 02 Apr 2020
3003/151 City Road, Southbank
  • Apartment
  • 2 bedrooms
  • 1 bathrooms
  • 1 parking
Photo of property
$532,500
Apr 2020
3003/151 City Road, Southbank
  • 2 bedrooms
  • 1 bathrooms
  • 1 parking
Sold
$408,000 Sold on 02 Apr 2020
618/39 Coventry Street, Southbank
  • Apartment
  • 2 bedrooms
  • 1 bathrooms
Photo of property
$408,000
Apr 2020
618/39 Coventry Street, Southbank
  • 2 bedrooms
  • 1 bathrooms
Sold
$725,000 Sold on 31 Mar 2020
356/183 City Road, Southbank
  • Apartment
  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
Photo of property
$725,000
Mar 2020
356/183 City Road, Southbank
  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
Sold
$640,000 Sold on 30 Mar 2020
1700/180 City Road, Southbank
  • Apartment
  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
Photo of property
$640,000
Mar 2020
1700/180 City Road, Southbank
  • 2 bedrooms
  • 2 bathrooms
  • 1 parking

Meet Paul

88 Total sales
4 Years of experience
A driven, confident and conscientious agent with a wealth of local knowledge accrued from 28 years spent residing in Bayside. Connecting with people and making sure he achieves the best possible outcome for his clients are the highlights of Paul's work.
Paul standing in front of a sold property
An agent you can trust
Our agents are focused on achieving the best result for you, that means being honest from the get go. It also means sometimes they'll tell you what you need to hear, not what you want to hear.
Stay fully informed 24/7
Our unique online sale and progress tracker allows you to follow the progress of your sale and have full access to listing performance, offers and buyer feedback throughout your campaign.
Zero hidden costs
Our fees are fully transparent; $8,900 or $9,700 for auction which gives you the full real estate service you would expect including marketing. There's no nasty surprises when you sell with Upside.

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