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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

Housing Overview

Median Home Value
$231,600
18% below
US avg: $281,900
Median Rent
$1,158/mo
0% below
US avg: $1,163/mo
Homeownership Rate
31.1%
52% below US avg (65.4%)
Total Housing Units
9,052

Ownership vs. Renting

31.1%
Owner-Occupied
68.9%
Renter-Occupied
31%
69%
US avg: 65.4% owner-occupied

Complete Housing Data

Home Values

Census Median Value$231,600

Rent

Census Median Rent$1,158

Market

Ownership & Stock

Owner-Occupied31.1%
Renter-Occupied68.9%
Homeownership Rate31.1%
Total Housing Units9,052