Southbank

Melbourne’s glittering high-rise riverside district, home to the Arts Centre, Crown and a youthful renter population just across the Yarra from the CBD.

Updated May 22, 20265 min read

About Southbank

Southbank is Melbourne's densest and most vertical neighbourhood, a forest of apartment towers lining the south bank of the Yarra River, directly opposite the CBD. The Southbank Promenade buzzes with restaurants and street performers, while the Arts Precinct, NGV, Arts Centre Melbourne and Crown Entertainment Complex anchor the city's cultural and entertainment life. With a median age around 31 and roughly two-thirds of homes rented, Southbank is dominated by young professionals, students and city workers drawn to walk-to-work convenience. The market is overwhelmingly apartment-based, offering some of the inner city's strongest unit rental yields and a fast-paced, cosmopolitan lifestyle within minutes of everything Melbourne's centre offers.

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Location

Southbank in Melbourne, Victoria, Australia

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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