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Southbank
Inner Melbourne · VIC · 3006 · City of Melbourne
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URBANOS SCORE
Our model31/100
Our proprietary model — yield, supply pipeline, price growth, infrastructure and CBD proximity for new build investors
↓ Below Melbourne average·more data may improve this score as imports run
KEY METRICS
Gross yield
5.39%
Median rent / wk
$570
1yr price growth
-8.4%
Median unit price
$550k
Distance CBD
1.4km
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Data last updated: June 2026·Sources: CAV rent bonds, Valuer General, ABS Census, Victorian UDP·Stats reflect all properties in the suburb — new builds typically achieve higher yields and prices than the suburb median.
INFRASTRUCTURE & GROWTH DRIVERS
Development Activity Monitor (City of Melbourne): 5 developments under construction, 32 approved.
Calculate your tax advantage in Southbank
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Active developments (30)
132-136 KAVANAGH STREET
Under construction~ Likely Eligible
$ – $
434 of 434 available
84-90 QUEENSBRIDGE STREET
Under construction~ Likely Eligible
$ – $
367 of 367 available
334-344 CITY ROAD
Under construction~ Likely Eligible
$ – $
394 of 394 available
203-205 NORMANBY ROAD & 1-3 Hartington St
Under construction~ Likely Eligible
$ – $
237 of 237 available
19 HOFF BOULEVARD
Under construction~ Likely Eligible
$ – $
602 of 602 available
131-139 STURT STREET
Off the plan~ Likely Eligible
$ – $
183 of 183 available
268-270 CITY ROAD
Off the plan~ Likely Eligible
$ – $
475 of 475 available
293-297 CITY ROAD
Off the plan~ Likely Eligible
$ – $
218 of 218 available
83-89 COVENTRY STREET
Off the plan~ Likely Eligible
$ – $
173 of 173 available
42-48 MORAY STREET
Off the plan~ Likely Eligible
$ – $
305 of 305 available
56-62 CLARENDON STREET
Off the plan~ Likely Eligible
$ – $
208 of 208 available
57-59 HAIG ROAD
Off the plan~ Likely Eligible
$ – $
190 of 190 available
51-65 CLARKE STREET
Off the plan~ Likely Eligible
$ – $
565 of 565 available
65-71 HAIG STREET
Off the plan~ Likely Eligible
$ – $
292 of 292 available
175-187 STURT STREET
Off the plan~ Likely Eligible
$ – $
152 of 152 available
296-306 CITY ROAD
Off the plan~ Likely Eligible
$ – $
338 of 338 available
54-56 CLARKE STREET
Off the plan~ Likely Eligible
$ – $
112 of 112 available
1-29 QUEENSBRIDGE STREET
Off the plan~ Likely Eligible
$ – $
483 of 483 available
127-129 KAVANAGH STREET
Off the plan~ Likely Eligible
$ – $
455 of 455 available
31 COVENTRY STREET
Off the plan~ Likely Eligible
$ – $
111 of 111 available
87-127 QUEENSBRIDGE STREET
Off the plan~ Likely Eligible
$ – $
610 of 610 available
60 SOUTHBANK BOULEVARD
Off the plan~ Likely Eligible
$ – $
789 of 789 available
10-16 DORCAS ALLEY
Off the plan~ Likely Eligible
$ – $
36 of 36 available
37 BALSTON STREET
Off the plan~ Likely Eligible
$ – $
429 of 429 available
60 SOUTHBANK BOULEVARD
Off the plan~ Likely Eligible
$ – $
789 of 789 available
10-16 DORCAS ALLEY
Off the plan~ Likely Eligible
$ – $
36 of 36 available
37 BALSTON STREET
Off the plan~ Likely Eligible
$ – $
429 of 429 available
10-16 DORCAS ALLEY
Off the plan~ Likely Eligible
$ – $
36 of 36 available
37 BALSTON STREET
Off the plan~ Likely Eligible
$ – $
429 of 429 available
60 SOUTHBANK BOULEVARD
Off the plan~ Likely Eligible
$ – $
789 of 789 available