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Free performance report on all Southbank agents

There are 101 real estate agents servicing Southbank and surrounds. In 2016 they sold 447 properties. We have analysed all these Southbank agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

We are the only service in Australia that analyses all local agents and their performance, and provides this to you in a transparent and unbiased manner. View frequently asked questions

We pride ourselves on providing independent, insightful analysis on real estate agents. Read real client case studies to see how we continually exceed expectations. We never disclose your details to any agents unless you specifically instruct us to do so.

Real Estate Agents Southbank – 2016/17 Performance

Southbank Real Estate Agents sold 447 units over the last 12 months. Southbank units on average took 110 days to sell and were sold at an average discount of -8% from their initial listing price.

The best Southbank Real Estate Agents sell properties considerably better than these average figures. We detail who these Southbank agents are in our free report

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 101 agents operating in the Melbourne – S’Bank-D’Lands council area servicing the Southbank market and 38 agencies, vendors should only use those Southbank agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Southbank property.

With total unit price growth of 27% over the last five years Southbank agents have had it reasonably easy selling into a appreciating market. Growth in Southbank units over the last year has been below the five year annual growth rate, coming in at -4% (5yr average 5%).

Request your free report for the individual performance details of real estate agents in Southbank and the properties they have sold over the last couple of years.

With Southbank property transactions only occurring on average every 7 years, securing the best Southbank real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Southbank real estate agent to sell your property can make years of difference to your personal financial situation.

Suburb Overview

Southbank is a suburb of Melbourne, Victoria, Australia, 1km south from Melbourne's Central Business District. Its Local Government Area are the Cities of Melbourne and Port Phillp. At the 2011 Census, Southbank had a population of 11,235.

Southbank is an inner city suburb of Melbourne, located direct south of the Yarra River, opposite Melbourne's Hoddle Grid. Its northernmost area is considered part of the Central Business District and Central Activities District of the City. Southbank is bordered to the north by the Yarra River, and to the east by St Kilda Road. Southbank's southern and western borders are bounded by Dorcas Street, Kings Way, the West Gate Freeway and Montague Street.

Southbank was formerly an industrial area and part of South Melbourne. It was transformed into a densely populated district of high rise apartment and office buildings beginning in the early 1990s, as part of an urban renewal program. With the exceptions of the cultural precinct along St Kilda Road, few buildings built before this time were spared by redevelopment.

Today Southbank is dominated by high-rise development. It is one of the primary business centres in Greater Melbourne, being the headquarters of Foster's, Treasury Wine Estates, Crown Limited, Alumina, Incitec Pivot, The Herald and Weekly Times, as well as regional offices of many major corporations, in a cluster of towers with over 340,000 square metres of office space in 2008. It is also one of the most densely populated areas of Melbourne, with a large cluster of apartment towers, including Australia's tallest tower measured to its highest floor, the Eureka Tower.

Southbank Promenade and Southgate Arts and Leisure Precinct, on the southern bank of the Yarra River, extending to Crown Casino, is one of Melbourne's major entertainment precincts. Southgate's landmark Ophelia sculpture by Deborah Halpern has been used to represent Melbourne in tourism campaigns.

Before European settlement, the area now called South Melbourne was a series of low lying swamps inhabited by Aboriginal tribes.

From European settlement the area which is now Southbank consisted of some old factories, warehouses and wharves, mostly built between the 1860s-1920s when the area was part of the first port of Melbourne. It had a few old bridges, the first being the first Princes Bridge and later the Sandridge Bridge, which was formerly part of the Port Melbourne railway line from 1888 to 1987, and the Arts Centre precinct which opened in the 1980s on a former parkland, which was once used as an amusement park and featured the Southgate Fountain.

The suburb was the subject of urban renewal in the early 1990s, aimed at stimulating development in a period when Melbourne was experiencing an economic downturn.

Denton Corker Marshall designed and oversaw the original Southbank Promenade in 1990, which paved the way for development of apartments.

Southgate, Sheraton Towers and new tall office buildings for The Herald and Weekly Times Ltd and IBM were built along with an award winning pedestrian footbridge at about the same time in late 1992, and combined with a new Sunday arts and crafts market, attracted local and tourist visitors to the area. At the eastern end of the area is the Victorian Arts Centre. Since then, the pylon underneath the award winning Southbank Pedestrian Bridge has been utilised and is now home to Ponyfish Island.

Further buildings including the Esso headquarters were built between 1992 and 1995. Development expanded along the Yarra westward, with the Melbourne Convention and Exhibition Centre in 1996 and Crown Casino in 1997, stimulating the first residential towers. In 2001, the boutique "Melburnian" apartments, designed by Bates Smart, were one of the first to be aimed at the owner occupier market and included the most expensive penthouse sold in Melbourne at the time. Clarendon Towers also attracted the owner occupiers. Beginning with Southbank Towers in 2001 and the Centurion in 2002, Central Equity began a swathe of apartment towers and at the same time the neighbouring Yarra's Edge precinct of the new Melbourne Docklands began to kick off.

Southbank VIC 3006
Docklands VIC 3008