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Southbank, Australia

Full City Profile

3.1 /5.0
B Good
22,631 Population 36,502/sq mi density
49 ft Elevation 15 meters
59°F Avg Temperature 15°C
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$39,580 median income, 5.8% unemployment
B
Affordability
3.4 / 5.0
$231,600 home value, $1,158/mo rent

Southbank, Australia

At a Glance

Median Income
$39,580
47% below
$39,580 per capita
Home Value
$231,600
18% below
Median Rent
$1,158/mo
0% below
Unemployment
5.8%
61% above
Avg Temperature
59°F
292 sunny days/yr

Is Southbank a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Southbank residents earn a median household income of $39,580 , which is 47% below the national average of $75,149. Per capita income is $39,580. The unemployment rate stands at 5.8% (61% above the U.S. rate of 3.6%). The area is home to 2,150 business establishments.

Housing & Cost of Living

The median home value in Southbank is $231,600 , 18% below the national median of $281,900. Median rent is $1,158/month.

Climate & Weather

Southbank has an average annual temperature of 59°F (15°C). Winters average 68°F in January while summers reach 52°F in July. The area gets 292 sunny days per year. Annual precipitation totals 33.2 inches.

Data Overview

People

Population22,631
Median Age31.0 yrs
Density36,502/mi²
Foreign Born61.2%

Economy

C+
Median Income$39,580
Per Capita$39,580
Unemployment5.8%
Poverty
Avg Weekly Wage$761

Housing

B
Home Value$231,600
Rent$1,158
Ownership31.1%
Housing Units9,052

Climate

Avg Temp59°F
Sunny Days292/yr
Rain33.2 in/yr
Elevation49 ft

Did You Know?

61.2% of residents are foreign-born.