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Real Estate Appraisal Southbank VIC 3006

How much is my home worth in Southbank?

<p>The median price for a unit in Southbank is <b>$600,000</b> as of January 23, 2023.</p><p>There have been 466 units sold in the last year and 5 houses. The average annual capital growth for units is -0.04%.</p><p>The 12-month capital growth for units is 3.80%.</p><p>The Demand to Supply Ratio or DSR rating units or apartments as balanced. In terms of supply and demand, this market is in equilibrium. When compared to the amount of prospective buyers, there is a fair quantity of houses for sale. Buyers and sellers are engaged in a fierce tug-of-war. Sellers may be able to get away with a low price if they discover a customer who hasn&#x27;t done their homework. If a buyer can discover a seller that is looking for a rapid sale, they may be able to secure a fantastic deal. Prices should rise at the same rate as the national average. It takes on average 38 days to sell a unit in Southbank.<br/></p><p><b>House prices and rent returns in Southbank.</b></p><ul><li>2 bedroom home N/A, Rent per week $515</li></ul><p><b>Unit prices and rent returns in Southbank.</b></p><ul><li>1 bedroom unit $420,000, Rent per week $421</li><li>2 bedroom unit $625,000, Rent per week $550</li><li>3 bedroom unit $902,500, Rent per week $775</li></ul><p>The Southbank gross rental yield for units is 5.14%.</p>

Free Real Estate Appraisal Southbank

Selling your house in Southbank? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Southbank

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.

Property Valuation Southbank

The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.

If you want to know the value of your Southbank home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.

How do we appraise a property in Southbank?

<ul><li>Recent property sales history in Southbank, Melbourne</li><li>Location and the proximity to amenities</li><li>Accessibility of schools and shops</li><li>Comparison of market values</li><li>Condition and size of the property</li></ul>

Want to know what your Southbank home is worth?

Recently Sold Properties in Southbank

<p><a href="https://www.barryplant.com.au/sold-properties/?status=sold&amp;property_class=residential&amp;listing_type=sale&amp;search_view=location&amp;save_search=false&amp;advanced=false&amp;address_suburb=SOUTHBANK&amp;order_by=-created">View all sold properties in Southbank , Melbourne</a></p>

Lifestyle in Southbank

<p>The Malthouse Theatre, housed in a refurbished brewery, and the state-of-the-art Melbourne Recital Centre, which presents classical performances, attract a sophisticated population to Southbank. In the enormous Crown Casino complex, there are clubs, food courts, and designer stores. The bustling riverfront promenades provide alfresco fine dining and shipping sheds with craft beer bars. Neighbouring suburbs include South Melbourne, Port Melbourne and Melbourne CBD.</p><p>The Southbank skyline is dominated by high-rise construction. It is the headquarters of Treasury Wine Estates, Crown Limited, Alumina, Incitec Pivot, The Herald and Weekly Times (containing the Herald Sun), as well as regional offices of many large firms, and is housed in a cluster of buildings with approximately 340,000 square metres of office space in 2008. It is also one of Melbourne&#x27;s most densely inhabited neighbourhoods, with a huge cluster of apartment skyscrapers, including the Australia 108, Australia&#x27;s tallest tower measured to its highest level.</p><p>One of Melbourne&#x27;s largest entertainment zones is the Southbank Promenade and Southgate Restaurant and Shopping Precinct, which stretches from the southern bank of the Yarra River to Crown Casino. Deborah Halpern&#x27;s iconic Ophelia sculpture in Southgate has been featured in tourism advertisements to promote Melbourne.</p>

Schools in Southbank

<p>There is 1 school in Southbank.</p><ul><li><a href="http://www.vcass.vic.edu.au/">Victorian College Of The Arts Secondary School</a></li></ul><p></p>

Southbank Real Estate Agent Contact Details

<p>Office: <a href="/offices/docklands/">Docklands</a><br/>Phone: <a href="tel:03 9936 9999">03 9936 9999</a></p>

Featured suburbs

Port Melbourne

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Port Melbourne is an inner suburb of Melbourne, Australia, 5 km south-west from the Melbourne central business district. It is split between the local government areas of Melbourne and Port Phillip.

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