Auction Times
Sat 23 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 1/28 Southgate Avenue 2 1 0 Apartment | 12:00 PM Sat 23rd Jan | Whiting & Co Real Estate |
Sat 30 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 2407/241 City Road 2 1 1 Apartment | 12:30 PM Sat 30th Jan | MICM Melbourne Lonsdale Street |
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 17 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 | 50 |
| 2021 | - | - | - | - | - |
Median Rent Price
$550
per week
Based on 49 recorded rent within the last 12 months
Updated on 17 Jan 2021
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 65 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 49 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 16 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 | |
Similar Suburbs to Southbank 3006
Based on median house sale price sold in last 12 months
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 |