southbank Property Market

Southbank is situated on the southern side of the Yarra River and includes Southbank Promenade. The promenade has many cafes, restaurants, shops, upmarket hotels, offices, public art and modern apartments. The variety and spectacular city views make it a popular place for locals and visitors to drink, dine, stroll and watch the occasional street performer. Southbank is an important cultural hub and home to the Melbourne Arts Centre, Hamer Hall, Melbourne Recital Centre, National Gallery of Victoria, Malthouse Theatre, Australian Centre for Contemporary Art and Victorian College of the Arts. Significant and rapid residential development has occurred in Southbank and the population has skyrocketed. The vast majority of residents live in high-rise apartments, the tallest of which is the 300 metre tall Eureka Tower, one of the world's tallest solely residential buildings.

Local Council Postcode Population
Melbourne
3006
18709

Who lives there

Sales Data supplied by REIV
  • 4.8%
    Population under 15
  • 89.8%
    Population 15 to 65
  • 5.2%
    Population over 65

Median Price in Numbers

  • Rent$511 PW