SOUTHBANK 3006
State: VICPosiProp AI Investment Summary
SOUTHBANK (VIC 3006) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -62.2%, with a median house buy price of $476,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$425,000
$788,000
–
$476,000
Suburb Market Profile
Last month Southbank had 420 properties available for rent and 388 properties for sale. Median property prices over the last year range from $476,000 for houses to $535,000 for units. If you are looking for an investment property, consider houses in Southbank rent out for $700 PW with an annual rental yield of 3.5% and units rent for $700 PW with a rental yield of 7.0%. Southbank has seen an annual compound growth rate of -62.2% for houses and -8.7% for units.