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Overview

Southbank, VIC, 3006

Southbank, VIC, 3006 is home to 391 active real estate agents and 222 active real estate agencies.  There are 29 agents known for being pricing experts.

Over the past 12 months there have been 845 active and sold properties, with 130 reviews in total. This is a 11% decrease compared to the previous 12 months.

87%
Happiness rating
130
Reviews collected
391
Active agents
222
Active agencies
845
Properties sold
393
Properties active

Latest reviews in Southbank

Local market insights

Sellers in Southbank are some of the happiest

87% of sellers reported being happy with their sale price in the last 12 months.

Favourable buyers market in Southbank

The median sales price for houses is down by 4% YoY making it a great time for buyers.

Southbank is known for its price experts

29 agents have earned the Price Expert badge - reflecting their ability to achieve a price that meets or exceeds their clients expectations.

Property market insights

Price and performance data by property type for Southbank.

Median price snapshot for apartments

The median sale price for apartments in Southbank is $534.73k, down 4% over the last 12 months. The number of apartments sold has decreased by 6% over the last 12 months.

Median apartment price
$534.73k
Median days on market for apartments
48
Bedrooms
Median Price
Sold
1 bedroom
$388.51k
245
2 bedroom
$580k
463
3 bedroom
$950k
93

Happy sellers in Southbank

87%
87% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 92 reviews in Southbank over the last 12 months.

Top agencies by market share

Over the 12 months Ray White Southbank | Melbourne City have sold 221 properties, which accounts for 26% of the property sales in Southbank. This is followed by MICM with 209 property sales (25%) and Barry Plant Docklands at 41 property sales (5%).

Ray White Southbank | Melbourne City
26%
MICM
25%
Barry Plant Docklands
5%

The RateMyAgent Experience

Every verified review on RateMyAgent is linked to a specific property transaction, ensuring that the feedback comes from real buyers and sellers. This also allows you to view key property details - such as location and number of bedrooms - so you can find reviews relevant to your own real estate journey. With our verification process, you can trust that the experiences shared are real, reliable, and helpful.

Integrity is at the core of what we do. We conduct rigorous daily integrity checks on all reviews, using multi-stage verification to analyse submission data and behavioural patterns for potential anomalies. Suspicious reviews may be rejected outright or escalated for further scrutiny by our internal team.

Transparency and fairness are core to how RateMyAgent works. While it’s sometimes assumed that only positive reviews appear on our platform, that’s not the case.
Only clients involved in an actual transaction with an agent can leave a review. This helps ensure authenticity and prevents fake or anonymous feedback. Agent's have no control over what’s written - every review, whether positive or critical, is published and remains visible.

Through verified reviews and price satisfaction insights, we highlight top-performing agents who consistently exceed client expectations. All agents can request and collect reviews for free, and subscription status has no impact on rankings or award eligibility. Our Agent of the Year Awards and platform rankings are based solely on verified client feedback and performance. By celebrating excellence fairly and transparently, we help consumers find the best agents with confidence.

Learn more
Award winning agent
For Southbank
Michael Pastrikos
Michael Pastrikos

Ray White Southbank | Melbourne City


Award winning agency
For Southbank
Ray White Southbank | Melbourne City
Ray White Southbank | Melbourne City
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