Southbank
VIC · 2021 Census
Daily life in Southbank is dynamic, with a strong professional presence as 38.5% of residents work in professional occupations. The suburb has a high labour force participation rate of 77.7%, with many residents working from home (40.6%). Commuting is diverse, with 15.5% using public transport and 15.1% driving. The community is culturally diverse, with 33.3% born in Australia and significant populations from India and China.
The read
What living here is actually like
Southbank, VIC is a vibrant suburb with a population of 22,631 and a median age of 31, indicating a youthful demographic. The gender distribution is relatively balanced, with 50.7% male and 49.3% female residents. The suburb is characterized by a high proportion of apartments, making up 98.3% of housing, and a significant number of residents renting at 67.0%. The average household size is 1.8 people, reflecting the prevalence of single-person households (43.0%) and couples without children (68.1%).
Buyer fit
Who this suburb suits
One score per buyer type, out of 100, built from the demographic, housing and commute profile. Strongest first.
Buyer-fit score
Southbank · 0–100
Show data table
| Buyer type | Score |
|---|---|
| Professionals | 85 |
| Investors | 80 |
| First home buyers | 60 |
| Families | 55 |
| Retirees | 45 |
Why professionals score highest
The signals doing the work
- High percentage of professionals at 38.5%
- Strong work-from-home culture at 40.6%
- High median personal income of $1,171
- Proximity to professional industries like Computer System Design
Against the state
How Southbank differs from Victoria
Every bar is this suburb. The vertical tick is the Victorian figure — the gap between them is the story.
Housing & movement
What’s built here, and how people leave in the morning
Dwelling mix
Share of occupied private dwellings
Show data table
| Dwelling type | Share |
|---|---|
| Apartments | 98.3% |
| Townhouses | 1.3% |
How people get to work
Method of travel, 2021 Census
Show data table
| Method | Share |
|---|---|
| Worked from home | 40.6% |
| Drove a car | 15.1% |
| Public transport | 15.5% |
| Walked only | 12.9% |
Costs
Top occupations
Share of the employed workforce
Key highlights
- Highly educated population - 59.0% hold bachelor degrees or higher (vs VIC 29.2%)
- High median personal weekly income of $1,171 (vs VIC $805)
- Significant professional workforce - 38.5% in professional occupations
- Predominantly apartment living - 98.3% of housing
- High work-from-home rate at 40.6%
Things to be aware of
- High rental market presence may limit ownership opportunities
- Lower proportion of family households at 44.3%
- Median age significantly younger than VIC average (31 vs 38)
- High apartment density may not suit all lifestyle preferences
- Limited separate house options
Coming to this page
Where the richer profile lands
Slots reserved now so the layout doesn’t need reworking when the data arrives.
Schools & catchments
Zoned primary and secondary, NAPLAN bands, distances.
Transport & access
Stations, tram routes, drive time to the CBD, walkability.
Price history
Ten-year median by dwelling type, growth rate, clearance trend.
Development activity
Permits approved, projects underway, zoning changes.
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Demographic figures from the Census of Population and Housing © Australian Bureau of Statistics, used under Creative Commons Attribution.
Cadastral and boundary data contains information © State of Victoria (Vicmap), licensed under CC BY 4.0.
Narrative summaries are AI-generated from the underlying data and may contain errors.
Base map © Mapbox © OpenStreetMap. Improve this map at openstreetmap.org/fixthemap.
Informational only — not financial, legal or planning advice. Verify zoning, overlays and catchments with the relevant council before relying on them. Data vintage: 2021 Census.