Suburb market data

Southbank, VIC 3006

Southbank VIC 3006: median asking price $600K for units and townhouses (143 listings). Bond rents and ranked listings.

Southbank asking prices: units and townhouses

• Median asking price, units and townhouses: $600K (143 listings). Middle 50%: $484K to $744K
• Active listings tracked: 211

Based on active listings with an advertised asking price, last checked between 23 Apr 2026 and 27 Oct 2026.

Southbank weekly rents (rental bond data)

• Median weekly rent, units and townhouses: $684/wk (Victorian DFFH rental report)
• Indicative gross yield, units and townhouses: 5.9% (from the median bond rent and median asking price above)

Asking prices in Southbank, all listings

• Under $400k: 22 listings (13.6%)
• $400k-$600k: 52 listings (32.1%)
• $600k-$800k: 55 listings (34.0%)
• $800k-$1m: 16 listings (9.9%)
• $1m-$1.5m: 11 listings (6.8%)
• $1.5m-$2m: 2 listings (1.2%)
• $2m+: 4 listings (2.5%)

Ranked active listings in Southbank

• 4403 / 11 Bale Circuit, $390K, 6.7% estimated yield
• 1309 45 Haig Street, $430K, 6.8% estimated yield
• 3507/241 City Road, $545K, 6.9% estimated yield
• 1905/163 City Road, $550K, 6.8% estimated yield
• 301/320 St Kilda Road, $550K, 6.8% estimated yield
• 1904/135 City Road, $550K, 6.8% estimated yield
• 1105/283 City Road, $570K, 6.8% estimated yield
• 2408/45 Clarke Street, $560K, 6.7% estimated yield
• 1515/9 Power Street, $480K, 6.1% estimated yield
• 79 Whiteman Street, $580K, 6.5% estimated yield
• 1603/18 Hoff Boulevard, $585K, 6.4% estimated yield
• 3704 / 135 City Road, $585K, 6.4% estimated yield

Nearby suburbs

• West Melbourne, VIC 3006
• St Kilda, VIC 3006
• South Melbourne, VIC 3205
• Melbourne, VIC 3205
• Melbourne, VIC 3000
• Melbourne, VIC 3003
• Carlton, VIC 3053
• Albert Park, VIC 3206

Victoria market data

• Melbourne median asking price, all listings, median weekly bond rent and estimated rental yield
• Victoria (VIC) median asking price, all listings, median weekly bond rent and estimated rental yield
• Australian median asking price, all listings, by state

High-yield properties for sale in Southbank, VIC 3006

Use this data

These Southbank asking-price figures are computed from listings we track directly, rents come from state rental bond data, and both are published under the Creative Commons Attribution 4.0 licence. Republish them anywhere, including commercially, as long as you credit Aus Property Invest.