Suburb profile · ABS Census 2021
Southbank suburb profile
Southbank, VIC · Postcode 3006
This Southbank suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Southbank, VIC (postcode 3006). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Southbank with nearby suburbs.
Southbank at a glance
Population
22,631
Median rent
$411/wk
Household income
$1,926/wk
Median age
31
Southbank trends (2016 → 2021)
Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.
Population
Census 2011 → 2016 → 2021
+100.8% over 10 years
Population
22,631
was 18,709 in 2016
+3,922 · +21%
Median rent
$411/wk
was $511/wk in 2016
$100 · -19.6%
Household income
$1,926/wk
was $1,851/wk in 2016
+$75 · +4.1%
Median age
31
was 30 in 2016
+1 · +3.3%
Dig deeper: Southbank population growth · Southbank then and now
Southbank vs nearby & Greater Melbourne
Median Census 2021 figures for Southbank, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).
Rent
+5.2% vs area
- Southbank$411/wk
- Nearby$384.5/wk
- Melbourne$390.5/wk
Household income
-0.5% vs area
- Southbank$1,926/wk
- Nearby$1,936.5/wk
- Melbourne$1,936.5/wk
Median age
-20.5% vs area
- Southbank31
- Nearby34
- Melbourne39
Personal income
+38.8% vs area
- Southbank$1,171/wk
- Nearby$1,030.5/wk
- Melbourne$843.5/wk
Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.
Socio-economic profile
How Southbank compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Southbank ranks among Australia's most advantaged suburbs. It shows limited economic resources and high education and occupation levels.
Relative disadvantage (IRSD)
Decile 81,053.5
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 101,106.4
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 1867.9
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 101,154.5
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Southbank on the map
OpenStreetMap outline for Southbank, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Southbank people
- Population
- 22,631
- Median age
- 31
- Born overseas
- 61.2%
- Average household size
- 1.8
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Southbank income
- Median household income
- $1,926/wk
- Median personal income
- $1,171/wk
Median total weekly household income
Median total weekly personal income
Southbank housing
- Median rent
- $411/wk
- Median mortgage repayment
- $1,900/mo
- Separate houses
- 0%
- Flats & apartments
- 70.3%
- Owned outright
- 9%
- Mortgaged
- 12.6%
- Rented
- 47.9%
- Unoccupied dwellings
- 28.5%
Median weekly rent for rented dwellings
Median monthly mortgage repayment
Percentage of dwellings that are separate houses
Percentage of dwellings that are flats or apartments
Percentage of dwellings owned without a mortgage
Percentage of dwellings with a mortgage
Percentage of dwellings rented
Percentage of private dwellings unoccupied on Census night
Southbank work
- Employment to population
- 73.2%
- Unemployment rate
- 5.8%
- Year 12 or above
- 84.2%
Employed persons as a percentage of population aged 15+
Unemployed persons as a percentage of the labour force
Percentage with Year 12 or equivalent as highest school level
Nearby suburb profiles (near 3006)
Compare Southbank with nearby suburbs
Southbank in numbers
Southbank had 22,631 residents at the 2021 Census, making it the 61st most populous suburb or locality in VIC out of 2,835. The median age is 31, 24% below the typical VIC suburb. The average household has 1.8 people. 61.2% of residents were born overseas.
Among occupied homes, 9% own their home outright, 12.6% are paying a mortgage, 47.9% rent. Flats and apartments make up 70.3% of dwellings, with 0% separate houses. Median rent was $411/wk, 17% above the typical VIC suburb.
Median household income was $1,926/wk, 8% above the typical VIC suburb. The unemployment rate on Census night was 5.8%. 84.2% of adults had completed Year 12 or above. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 8 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 21% (from 18,709 to 22,631). Median rent moved from $511/wk to $411/wk (-19.6%).
Southbank suburb FAQs
- What is the median rent in Southbank, VIC?
- The median weekly rent in Southbank was $411/wk at the 2021 Census (ABS).
- How many people live in Southbank, VIC?
- Southbank had 22,631 residents at the 2021 Census, up 21% from 2016.
- What is the median household income in Southbank?
- Median household income in Southbank was $1,926/wk at the 2021 Census.
- Do most people rent or own in Southbank?
- 47.9% of occupied homes in Southbank were rented, 9% were owned outright and 12.6% were owned with a mortgage.
About this Southbank suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Southbank. Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.
Source: ABS Census 2021. Methodology · Richest suburbs in Melbourne