Suburb Profile

Supply Demand History in South Melbourne

MonthSupplyDemand
2015 Apr1459233
2015 May1518547
2015 Jun1507565
2015 Jul1478208
2015 Aug1516315
2015 Sep1445533
2015 Oct1516678
2015 Nov1597002
2015 Dec1384630
2016 Jan1327297
2016 Feb1486842
2016 Mar1486349
2016 Apr1618533

More Recent Sold in South Melbourne

Address Sold Price
704/85 Market Street 1 $455,000
1002/39 Park Street 2 $610,000
817/338 Kings Way 2 $500,000
201/167 Gladstone Street 2 $490,000
202/21 Thistlethwaite Street 2 $750,000

More Recent Rent in South Melbourne

Address Price/Week
271 Montague Street 3 $750
416/52 Park Street 1 $400
9/81 Palmerston Crescent 2 $1,100
276 Moray Street 3 $1,050
410/52 Park Street 1 $460

Rent Yield in South Melbourne

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$411,459$5436.86%$420,000$5256.50%130
2$797,366$7264.73%$657,500$6955.50%195
3$1,581,678$1,1013.62%$1,480,000$9633.38%67
4$3,150,000$1,5132.50%$3,150,000$1,4752.43%6
5-$1,000--$1,000-1
House
1-$490--$490-2
2$1,150,000$7273.29%$1,150,000$7003.17%11
3$2,181,250$1,0482.50%$2,137,500$9502.31%13
4$3,300,000$1,4752.32%$3,300,000$1,4752.32%3
Unit/apmt
1$388,632$4966.64%$395,000$5006.58%56
2$609,866$6715.72%$625,000$6505.41%66
3$1,061,500$1,0305.05%$1,061,500$9754.78%10
Apartment
1$412,500$5306.68%$412,500$5406.81%11
2$565,000$6546.02%$565,000$6405.89%20
3$768,888$8876.00%$768,888$8805.95%8
Townhouse
2$1,700,000$6952.13%$1,700,000$6952.13%2
3$995,000$8604.49%$995,000$8604.49%2
4-$1,400--$1,400-1
Other
2-$800--$800-1
Unknown
1$438,438$5876.96%$450,000$5506.36%61
2$903,643$7784.48%$775,000$7505.03%95
3$1,585,455$1,2224.01%$1,480,000$1,0503.69%34
4$3,000,000$1,7002.95%$3,000,000$1,7002.95%2
5-$1,000--$1,000-1

Demographics of South Melbourne

PopulationSizeSouth MelbourneMelbourne
All People105023366613
Country of OriginSouth MelbourneMelbourne
Australian Born63%65%
Born Overseas - Top 5South MelbourneMelbourne
United Kingdom6%5%
Indonesia5%0%
New Zealand3%1%
Greece2%2%
Malaysia2%1%
Median household incomeSouth MelbourneMelbourne
Weekly income$1,670$1,333
Age StatisticsSouth MelbourneMelbourne
20 to 3946%33%
40 to 5923%28%
60+15%17%
5 to 1912%14%
0 to 44%7%
Family Statistics - Top 5South MelbourneMelbourne
Never Married50%33%
Married32%51%
Divorced9%7%
Widowed6%6%
Separated3%3%
Religion - Top 5South MelbourneMelbourne
Catholic26%33%
No Religion24%19%
Anglican18%16%
Orthodox7%7%
Uniting Church5%5%
Occupation - Top 5South MelbourneMelbourne
Professionals13%8%
Associate Professional7%5%
Intermediate Clerical/Sales/Service7%7%
Managers and Administrators6%4%
Elementary Clerical/Sales/Service3%4%
Education - Top 5South MelbourneMelbourne
Not Attending (Working)74%73%
University or other Tertiary Institution13%5%
Infants/Primary3%9%
Technical or Further Education3%3%
Secondary Education3%7%
Transport to Work - Top 5South MelbourneMelbourne
Car (driver)22%28%
Ferry/tram6%1%
Walked5%1%
Worked at home3%2%
Car (passenger)3%3%
Type of Dwelling - Top 3South MelbourneMelbourne
Semi/Terrace46%8%
Flat30%14%
Separate house12%74%
Nature of Occupancy - Top 3South MelbourneMelbourne
Rented52%24%
Fully Owned23%43%
Purchasing14%27%
Monthly Loan Repayment - Top 5South MelbourneMelbourne
$1,500+36%9%
$1,000-$1,19915%13%
$1,200-$1,39914%7%

Crime Rate of Port Phillip

Crime TypeRate of PORT PHILLIPRate of VIC
Crime Against Property7,2854,607
Crime Against the Person1,291940
Drug Offences518311
Other Crime1,244875
Total10,3386,733
Note: South Melbourne belongs to city Port Phillip. Crime rate means the number crimes per 100,000 population.

Based on Australian Bureau of Statistics data

Map And Street View

Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

South Melbourne, VIC 3205 (1.88 km to CBD)

Median House Price

$1,665,000

Median Unit Price

$620,000

Surrounding Suburbs

Closest Train Station

Flinders Street Station 1.43 km

Selected Demographics of South Melbourne

  • 3525 Number of House
  • 5999 Number of Unit
  • 10502 Number of People
  • 37 Median Age
  • 2 Median Household Size
  • $399 Weekly Rent
  • $920 Weekly Individual Income
  • $2,450 Weekly Family Income
  • $1,668 Weekly Household Income
  • $1,665,000 Median Asking Price
  • $700 Median Rent
  • 0.02% Rent Yield
  • 138 Stock On Sale
  • 3.74% Vacancy Rate
  • 154 Average Supply
  • 7285 Average Demand
  • 47.44 Supply Demand Ratio

Schools in South Melbourne

School NameSchool SectorSchool Type
Galilee Regional Catholic Primary SchoolCatholicPrimary
Montague Continuing Education Centre

Leading Agencies (Sale)

Greg Hocking Real Estate - Albert Park 12%

Cayzer Real Estate - Albert Park 11%
Marshall White - Albert Park 9%
Hocking Stuart - (Albert Park) Pty Ltd 9%
MICM Property - Southbank 7%
Buxton - Albert Park 4%
Marshall White - ARMADALE 2%
Kay & Burton - South Yarra 2%
Marshall White One - Armadale 2%
RT Edgar - Albert Park 2%

Leading Agents (Rent)

Agent NamePercentage
Cayzer Real Estate - Albert Park14%
Hocking Stuart - (Albert Park) Pty Ltd10%
MICM Property - Southbank9%
Dixon Kestles - South Melbourne5%
Luxe Property - South Yarra4%
Buxton - Albert Park4%
Carroll McKeddie - South Yarra3%
RT Edgar - Albert Park3%
Greg Hocking Real Estate - Albert Park2%
Capri Property Group - Port Melbourne1%