🔍

Southbank

VIC 3006 • Greater Melbourne

22,631
Population (2021)
$100,152
Median Household Income
1.56 km²
Area
$411/wk
Median Rent
High-Rise LivingArts PrecinctInner CityRiver Views

About Southbank

Southbank is Melbourne's arts and entertainment precinct, a vertical suburb of 22,600 residents in soaring towers just 1 kilometre from the CBD across the Yarra River. The Arts Centre, NGV, and Crown Casino anchor the cultural and entertainment offerings, while residents enjoy walkable access to everything central Melbourne offers. Apartment living is the only option in this dense urban precinct.

Life here is intensely urban—world-class dining, riverside promenades, and cultural events are steps from home. The Sunday Southbank Market, restaurants along the river, and proximity to the sports precinct define the lifestyle. Southbank attracts young professionals, investors, and those who want genuine city living without suburban compromise. It's Melbourne's most urban residential address.

Southbank falls under postcode 3006 and is governed by Melbourne Council (LGA). For state elections, residents vote in the Albert Park (Southern Metropolitan) electorate.

📍 Location

State
Victoria
Postcode
3006
Urban Area
Melbourne - Central
LGA / Council
Melbourne
Federal Electorate
Macnamara
State Electorate
Albert Park (Southern Metropolitan)
Type
Major Urban
Timezone
Melbourne (UTC+10)
Coordinates
-37.83°, 144.96°
Statistical Area
Greater Melbourne
Area
1.56 km²
Elevation
12m

🏷️ Property Prices June quarter 2025

Median sale prices in Southbank for the June quarter 2025. Median sale prices published by the Valuer-General Victoria.

🏢Unit / Apartment
$550K
290 sales · ▼ 8.4% YoY

Source: Valuer-General Victoria — Victorian Property Sales Report. Medians are for the latest quarter; the change shown is the official 12-month movement. Suburbs with very few sales in a quarter can be volatile.

🏠 Housing 2021 Census

Median Rent (weekly)
$411
Median Mortgage (monthly)
$1,900
Avg Household Size
1.8 people
Median Age
31 years
Social Housing (% of dwellings)
0.1%

3 state housing + 10 community housing dwellings (ABS 2021 Census)

🚌 Transport & Commute

Bus Services

  • Local bus services — Melbourne CBD Varies

Commute to Melbourne CBD

Distance
1 km
By Train
Train access via local station
By Car (Peak)
15-25 min
By Car (Off-Peak)
10-15 min

🛣️ Located 1 km from Melbourne CBD

Walkability Somewhat Walkable

Daily errands can often be done on foot near local shopping strips, but a car is useful for larger trips

🛒 Supermarkets Nearby

No major supermarkets listed for this suburb.

🎓 Schools

🚔 Crime Statistics LGA-wide

These are the latest rates for the Melbourne Local Government Area, which contains Southbank. Rates are per 100,000 residents for the year ending September 2025; trends compare 2 and 10 year periods.

Break & enter (dwelling)
550.4 / 100k
2yr Up 22.3% 10yr Down 10.8%
Motor vehicle theft
785.3 / 100k
2yr Up 73.2% 10yr Up 76.2%
Non-FV assault
1,345.5 / 100k
2yr Stable 10yr Up 14.7%
Robbery (unarmed)
26.2 / 100k
2yr Down 19.7% 10yr Stable
Steal from vehicle
2,849.7 / 100k
2yr Up 154.0% 10yr Up 99.5%
View all offence subgroups for Melbourne →

Source: Crime Statistics Agency Victoria

🎓 Educational Institution Attending 2021 Census

School Sector Breakdown

👥 Demographics

Census 2016
18,709
Census 2021
22,631
▲ 21.0% growth

Population Growth

Gender Distribution (Census 2021)

Personal Income 2016
$50,908
Personal Income 2021
$60,892
▲ 19.6% increase

2021 Census income breakdown

Personal = median for one earner. Household = all members of a dwelling pooled. Family = related members only. Annual = weekly × 52.

Personal
$60,892 / yr
$1171/wk
Household
$100,152 / yr
$1926/wk
Family
$127,296 / yr
$2448/wk

Personal Income Comparison (2016 vs 2021)

📊 Population: ABS Census 2021
💰 Income: ABS Census 2021

🌍 Country of Birth 2021 Census

Born in Australia 7,540
Born Overseas 13,841

Top Countries of Birth (excl. Australia)

  • 1. India 2,127
  • 2. China 2,024
  • 3. Malaysia 829
  • 4. England 677
  • 5. New Zealand 610
  • 6. Indonesia 604
  • 7. South Korea 458
  • 8. Philippines 380
  • 9. Hong Kong 313
  • 10. Vietnam 281

🧬 Ancestry 2021 Census

Top ancestries reported (people may report up to two)

Chinese 4,683
English 4,109
Australian 2,785
Indian 2,212
Irish 1,492
Scottish 1,097
Italian 886
German 559
Korean 506
Filipino 464

👨‍👩‍👧 Parents' Birthplace 2021 Census

4,120
Both parents born in Australia
15,537
Both parents born overseas
1,640
One parent AU, one overseas

🛐 Religion 2021 Census

No Religion
46.3%
Christianity
27.7%
Hinduism
8.1%
Buddhism
5.4%
Islam
3.3%
Sikhism
0.5%
Judaism
0.3%

📊 Age Distribution 2021 Census

0-4 years
693 (3.1%)
5-14 years
651 (2.9%)
15-19 years
454 (2.0%)
20-24 years
2,853 (12.6%)
25-34 years
9,417 (41.6%)
35-44 years
4,209 (18.6%)
45-54 years
1,741 (7.7%)
55-64 years
1,313 (5.8%)
65-74 years
870 (3.8%)
75-84 years
358 (1.6%)
85+ years
65 (0.3%)

Nearby Suburbs

Frequently Asked Questions

What is Southbank known for? +

Southbank is a well-established residential suburb in Melbourne, VIC, with a population of approximately 22,631 residents. The suburb is valued for its local schools, parks, and community facilities.

How far is Southbank from Melbourne CBD? +

Southbank is approximately 1 kilometres from Melbourne CBD, typically a 10-15 min drive outside peak hours.

Does Southbank have public transport? +

Southbank is served by local bus services connecting to the broader VIC network. Nearby train stations provide access to Melbourne CBD.

What is the population of Southbank? +

According to the 2021 Census, Southbank has a population of approximately 22,631 residents.

Is Southbank a good place to live? +

Southbank offers a practical and liveable lifestyle with local schools, parks, and shopping. With a median income around $50,125, it attracts a broad demographic mix.

What is the postcode for Southbank? +

The postcode for Southbank, VIC is 3006.

What is the average income in Southbank? +

Based on the 2021 Census, the median personal income in Southbank is about $1,171 per week (around $60,900 per year). The median household income is $1,926 per week and the median family income is $2,448 per week.

What is the median house price in Southbank? +

As of June quarter 2025, the median unit/apartment price is $549,800, down 8.4% year-on-year. Figures are based on Valuer-General Victoria — Victorian Property Sales Report.

What is the age profile of Southbank? +

The median age in Southbank is 31. The largest age group is 25–34 (9,417 residents, around 42%). Around 8% of residents are under 20 and about 6% are aged 65 or older. (2021 Census)

Is Southbank a safe area? +

Crime statistics are recorded at the Local Government Area level. Southbank is part of the Melbourne LGA — see the Crime Statistics section on this page for the latest recorded offence rates per 100,000 residents, along with 2-year and 10-year trends.

How much is rent in Southbank? +

In Southbank, the median weekly rent is $411, and the median monthly mortgage repayment is $1,900 (2021 Census).