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Southbank VIC 3006 Real Estate Listings


Southbank, VIC 3006, pulsates with the vibrant energy of Melbourne's heart. This riverside haven seamlessly blends city sophistication with green spaces, offering a lifestyle coveted by many. Steeped in history, Southbank was transformed from industrial wastelands in the 1990s to become a cultural and architectural marvel. Today, it's a melting pot of residents, from young professionals to established families, all drawn to its world-class attractions, diverse dining scene, and unparalleled convenience.


Key Points:


  • Prime location on the Yarra River, offering stunning city and water views


  • Extensive public transport network, including trams and trains


  • Abundance of green spaces, from the Royal Botanic Gardens to Southbank Park


**Exploring the Vibrant Essence of Southbank, VIC: A Suburb of Endless Charm and Possibilities**


Nestled in the heart of Melbourne, Southbank is a suburb that radiates a unique blend of cosmopolitan allure and relaxed charm. With its prime location along the southern bank of the Yarra River, Southbank is a thriving community that boasts a rich tapestry of culture, lifestyle, and amenities, making it a truly fascinating place to live and invest in.


**Overview and Location:**

Southbank is situated just south of Melbourne's Central Business District (CBD), making it a hub for urban living, entertainment, and commerce. Its picturesque location along the Yarra River offers stunning waterfront views and a seamless connection to the city's iconic attractions.


**Culture and Lifestyle:**

This suburb is a melting pot of cultures, evident in its diverse dining options, art galleries, theaters, and cultural festivals. The Southbank Promenade is a bustling hub for locals and tourists alike, offering a vibrant selection of dining establishments, entertainment venues, and public spaces.


**Amenities and Infrastructure:**

Southbank caters to all modern conveniences, including shopping centers, gyms, and recreational facilities. The Crown Entertainment Complex, a renowned attraction, offers world-class dining, gaming, and entertainment options under one roof.


**Neighbourhood and Community:**

Despite being close to the city's hustle and bustle, Southbank maintains a strong sense of community. Residents often engage in local activities and events, fostering a warm and inclusive atmosphere.


**Heritage:**

Southbank has a rich history, with remnants of its industrial past still visible in some areas. The suburb has successfully merged its historical elements with modern architecture and facilities.


**Real Estate and Living:**

Living in Southbank offers a range of housing options, from luxurious waterfront apartments to contemporary townhouses. The suburb's popularity has led to a flourishing real estate market, with properties catering to various preferences.


**Education, Childcare, Schools, Colleges, and Universities:**

Southbank provides excellent educational opportunities for residents of all ages. From reputable primary and secondary schools to tertiary institutions, such as the renowned University of Melbourne, education is easily accessible.


**Healthcare and Medical Facilities:**

Residents benefit from proximity to top-notch medical facilities and hospitals, ensuring access to quality healthcare services. The Alfred Hospital, one of Melbourne's leading medical institutions, is within easy reach.


**Local Jobs and Employment:**

With its proximity to the CBD, Southbank offers a range of job opportunities across sectors, including hospitality, retail, finance, and technology. The bustling business district provides ample employment options for residents.


**Public Transport and Services:**

Southbank enjoys exceptional connectivity through public transport, including trams, buses, and trains. This accessibility makes commuting to the CBD and surrounding areas convenient.


**Quality of Life and Safety:**

The suburb prides itself on its high quality of life, offering a balance between urban amenities and green spaces. Southbank also boasts a relatively low crime rate, contributing to its appeal as a safe and comfortable place to reside.


**Climate and Greenery:**

The temperate climate of Melbourne is mirrored in Southbank, with four distinct seasons. The suburb's parks and green areas, such as the Royal Botanic Gardens and Southbank Parklands, offer a refreshing escape from the urban buzz.


**Events, Adventure, and Family Fun:**

Southbank is a hub of entertainment and adventure. Residents can enjoy various events, such as the Melbourne International Comedy Festival and outdoor concerts. The area also caters to families with child-friendly attractions like SEA LIFE Melbourne Aquarium.


**Parks, Shopping, Wellness, and Food:**

The Royal Botanic Gardens offer a serene oasis for relaxation, while shopping enthusiasts can explore nearby retail hubs like Southgate Shopping Precinct. Wellness centers and spas provide opportunities for self-care, while the diverse culinary scene satisfies every palate.


**Population Growth and Demographic Change:**

The suburb's popularity continues to attract a diverse range of residents, contributing to its dynamic population growth. This blend of demographics enriches the local culture and fosters a sense of community.


**Food and Entertainment:**

Southbank's culinary scene is a kaleidoscope of flavors, featuring both international cuisine and local delights. The Arts Precinct is a hub for entertainment, housing galleries, theaters, and live performance venues.


**Investment Prospects and Gentrification:**

Southbank's prime location and thriving lifestyle make it a hotspot for property investment. Gentrification has transformed the area into a trendy and sought-after neighborhood, boosting property values and attracting upscale developments.


**Growth Forecast and Future Developments:**

The suburb's growth trajectory remains positive, with ongoing urban development projects enhancing its appeal. New residential complexes, commercial spaces, and recreational facilities are set to elevate Southbank's allure even further.


**Opportunities for Buyers, Sellers, and Investors:**

For buyers, Southbank presents a range of housing options that cater to different preferences. Sellers can benefit from the suburb's popularity and competitive real estate market. Investors stand to gain from the area's continuous growth and potential for rental income.


In conclusion, Southbank, VIC, is a suburb that encapsulates the essence of urban sophistication and a thriving community spirit. With its strategic location, rich cultural landscape, and modern amenities, Southbank offers an exceptional lifestyle that continues to captivate residents and investors alike. As the suburb evolves with exciting developments and opportunities, its allure is set to remain as timeless as the Yarra River that flows beside it.




**Key Points and Interesting Facts about Southbank, VIC:**


**Overview and Location:**

1. Southbank is situated along the southern bank of the Yarra River, adjacent to Melbourne's CBD.

2. Its prime location offers stunning waterfront views and easy access to the city's attractions.


**Culture and Lifestyle:**

3. Southbank boasts a diverse cultural scene with art galleries, theaters, and cultural festivals.

4. The Southbank Promenade is a bustling hub with dining options, entertainment venues, and public spaces.


**Amenities and Infrastructure:**

5. The Crown Entertainment Complex offers a range of dining, gaming, and entertainment experiences.

6. The suburb offers modern amenities including shopping centers, gyms, and recreational facilities.


**Neighbourhood and Community:**

7. Despite its urban setting, Southbank maintains a strong sense of community and hosts local events.

8. The area's vibrant atmosphere fosters an inclusive and welcoming environment.


**Heritage:**

9. Southbank's industrial past is evident in some areas, blending history with modern architecture.


**Real Estate and Living:**

10. The suburb offers a variety of housing options, from luxurious waterfront apartments to contemporary townhouses.

11. The real estate market is thriving, appealing to various preferences and budgets.


**Education, Childcare, Schools, Colleges, and Universities:**

12. Southbank provides quality education options, including primary and secondary schools and the University of Melbourne.


**Healthcare and Medical Facilities:**

13. Residents have access to top-notch medical facilities, including the Alfred Hospital.


**Local Jobs and Employment:**

14. Its proximity to the CBD provides a range of job opportunities across sectors like hospitality, retail, finance, and technology.


**Public Transport and Services:**

15. Southbank is well-connected through trams, buses, and trains, making commuting convenient.


**Quality of Life and Safety:**

16. The suburb offers a high quality of life, balanced with green spaces and a relatively low crime rate.


**Climate and Greenery:**

17. Southbank experiences Melbourne's temperate climate, with nearby parks like the Royal Botanic Gardens providing green retreats.


**Events, Adventure, and Family Fun:**

18. The suburb hosts various events and attractions, including the Melbourne International Comedy Festival and SEA LIFE Melbourne Aquarium.


**Parks, Shopping, Wellness, and Food:**

19. The Royal Botanic Gardens offer a serene escape, while Southgate Shopping Precinct satisfies shopping enthusiasts.

20. Wellness centers and a diverse culinary scene cater to residents' needs.


**Population Growth and Demographic Change:**

21. Southbank's popularity leads to a dynamic and diverse population, enriching the local culture.


**Food and Entertainment:**

22. The Arts Precinct houses galleries, theaters, and live performance venues, contributing to the vibrant entertainment scene.


**Investment Prospects and Gentrification:**

23. Southbank's strategic location and lifestyle make it attractive for property investment, leading to gentrification.


**Growth Forecast and Future Developments:**

24. Ongoing urban projects are set to enhance Southbank's appeal, with new residential complexes and recreational facilities.


**Opportunities for Buyers, Sellers, and Investors:**

25. Buyers can choose from diverse housing options, while sellers benefit from the competitive real estate market.

26. Investors stand to gain from the suburb's growth and potential rental income.


**Conclusion:**

27. Southbank, VIC, seamlessly blends urban sophistication with a strong sense of community and cultural vibrancy, making it an enduringly appealing place to live and invest.

The size of Southbank is approximately 1.6 square kilometres. It has 2 parks covering nearly 0.6% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016. Currently the median sales price of houses in the area is $590,000.

Southbank VIC 3006 - Suburb Profile

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Planning and Applications in Southbank VIC 3006

ApplicationsDate ReceivedAuthority

34-36 Market Street Southbank VIC 3006

Construction of a multi-storey office building and a reduction in the car parking requirements within a Commercial 2 Zone, Design and Development Overlay – schedule 8 and Special Building Overlay – Schedule 2

City of Port Phillip

University Of Melbourne Southbank Campus 45-99 Sturt Street Southbank 3006

Replacement screen fencing

12/04/2024Melbourne City Council

Shop UR2, Southgate, Southbank 3006, VIC

App.Online - Transfer of licence to Company

29/03/2024Victorian Gambling and Casino Control Commission

36-42 Clarke Street Southbank 3006

Construction of a twenty-six (26) storey residential building (plus a roof area), with associated car parking

20/03/2024Melbourne City Council

12 Riverside Quay Southbank 3006

Buildings and works associated with the temporary fixture and display of directional signage to hoardings

13/03/2024Melbourne City Council

84-90 Queens Bridge Street Southbank 3006

Section 37 (Subdivision - Staged) PS846719E/S6

28/02/2024Melbourne City Council

84-90 Queens Bridge Street, Southbank VIC 3006

Staged subdivision generally in accordance with the accompanying plan

27/02/2024Streamlined Planning through Electronic Applications and Referrals

84-90 Queens Bridge Street, Southbank VIC 3006

Staged subdivision generally in accordance with the accompanying plan

28/02/2024Streamlined Planning through Electronic Applications and Referrals

84-90 Queens Bridge Street Southbank 3006

Section 37 (Subdivision - Staged) PS846719E

27/02/2024Melbourne City Council

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