Chat with us, powered by LiveChat

City of Melbourne

South Wharf

South Wharf Property Market
& Suburb Profile

Powered by Proptrack

MEDIAN PRICES IN SOUTH WHARF

Median unit price

(all agencies, last 12 months)$693k*

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

SOUTH WHARF price TRACKER

0

South Wharf Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$974pw

House rental price change

(all agencies, last 12 months)0.08%

Median rental price for Units

(all agencies, last 12 months)$1,010pw

Unit rental price change

(all agencies, last 12 months)-0.01%

Average rental yield for Houses

(all agencies, last 12 months)1.44%

Average rental yield for Units

(all agencies, last 12 months)4.71%

South Wharf total population size

(as at the last census)71

Median household size in South Wharf

(as at the last census)2.5

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

South Wharf property types

  • Units 67%
  • Other 33%

OCCUPANCY in South Wharf

  • Owned 30%
  • Rented 61%
  • Other/Not Stated 9%
  • Singles 26%
  • Families 87%
  • Other 0%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

Request a free price evaluation from our experienced team

About South Wharf

South Wharf is an inner suburb of Melbourne, Victoria, Australia, 2 km south-west of Melbourne's Central Business District. Its local government areas are the Cities of Melbourne and Port Phillip.

South Wharf is a small inner suburb south west from Melbourne's CBD. Its borders are the Yarra River to the north, Wurundjeri Way to the west, the West Gate Freeway and a small private car park bordering Ford Street and Munro Street, which is part of the City of Port Phillip, to the south and the former Port Melbourne railway line and Clarendon Street to the east.

Gazetted in 2008 and formerly part of the industrial and shipping area of Southbank, the renaming is part of a wider urban renewal strategy to link Southbank with the Melbourne Docklands.

South Wharf includes some of Melbourne's landmarks, including the Melbourne Exhibition and Convention Centre and the Melbourne Maritime Museum, with its heritage Polly Woodside.

South Wharf is also home to many apartments, shopping outlet Direct Factory Outlets and the 5-star luxury hotel Pan Pacific Hotel.

A five-storey Victorian warehouse, known as the Tea House (at 28 Clarendon Street), built in 1888, is one of the few buildings which survived the redevelopment of the area.

Powered by Proptrack

Sales Comparison

Find out how South Wharf median sales prices compare to neighbouring suburbs.

South Wharf MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20251$346,250no change2$992pw3.08%
20240-no change5$988pw3.25%
20233$525,000no change7$937pw3.01%
20220-no change6$855pw2.77%
20210-no change5$599pw2.23%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20251$346,250no change
20240-no change
20233$525,000no change
20220-no change
20210-no change

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20252$992pw3.08%
20245$988pw3.25%
20237$937pw3.01%
20226$855pw2.77%
20215$599pw2.23%

PROUDLY SERVICING South Wharf

Barry Plant
Docklands

Shop 8, 818 Bourke Street
View on Google Maps

Browse more suburbs

South Melbourne

Docklands

Southbank

Media Hub

Our Annual North Pole Post Boxes are Back! 🎅

November: A Month of Major Wins for Our Clients and Record-Breaking Month for The Barry Plant Eastern Group

Preparing for a big 2026?

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.