Southbank, VIC

1,165 sales · 2025 · Victorian Valuer General

Southbank recorded 1,165 residential sales in 2025, comprising Apartments at a median of $587,500 (1,165 sales). The median apartment price was $587,500.
Median price
$588k
Apartments · Annual · VGV 2025
Sales (2025)
1,165
Active market
Price range
$588k–$588k
10th–90th pct
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
BudgetMarket accessGradeEst. properties
$375,000 ~13% D — Very limited ~151 of 1,165
$475,000 ~30% C — Limited ~350 of 1,165
$600,000 ~52% B — Competitive ~606 of 1,165
$800,000 ~78% A — Strong access ~909 of 1,165
Budget access and price distribution are estimated from NSW market distribution curves — individual sale records are not publicly available in Victoria. See methodology.
Under $300k
~5%
$300k–$450k
~21%
$450k–$700k
~42%
$700k–$1.1M
~27%
Over $1.1M
~6%

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What is the median apartment price in Southbank?

The median apartment price in Southbank was $587,500 in 2025, based on 1,165 recorded sales from the Victorian Valuer General.

Is Southbank affordable on a $475,000 budget?

A $475,000 budget gives access to an estimated 30% of the Southbank apartment market (estimated from market distribution curves).

How many apartments sold in Southbank in 2025?

1,165 apartments were recorded in Southbank in 2025 by the Victorian Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Southbank?

Sale prices in Southbank ranged from $587,500 (10th percentile) to $587,500 (90th percentile) in 2025.