IRSAD
Relative Socio-economic Advantage and Disadvantage
Score 1,106
Measures relative socio-economic advantage and disadvantage.
Within AustraliaDecile 10 of 10
Within VictoriaDecile 10 of 10
For state-level context, explore the Victoria economy.
Housing
Southbank
Victoria · Census 2021
Median house price not tracked for this suburb
Southbank is an inner-city suburb of Melbourne.
Household income
$1,926/wk72nd pctile
of 2,844 VIC suburbs
Amenity score
100/10095th pctile
of 1,338 rated VIC suburbs
Median house price
No Valuer-General median for Southbank.
Victoria's Valuer-General sales data is open, but we have no suburb median for Southbank from it. ABS median established-house price, Greater Melbourne: $850k; Rest of Vic.: $625k.
From current listings
$560kmedian sold · 23 sales$589kmedian asking · 190 listed
Aggregated from residential listings we track in Southbank, not from Valuer-General settled transfers. It is a different measure on a much smaller sample, so it is not comparable with the median house prices shown for NSW, Victoria and South Australia suburbs, and Southbank is not ranked on it.
How it compares
Household income / wk72nd percentile
<$599ABS Census 2021$3,249+
Percentiles rank this suburb against Victoria suburbs that carry the metric — never across states, and never against suburbs where it is missing. Price references are ABS median established-house transfer prices for the Mar 2026 quarter (CC BY 4.0); the suburb figure is a Valuer-General median over a different window, so read the gap as indicative. Income references are the Census 2021 median of the middle suburb in Victoria and nationally, not a household-weighted median.
People & housing
Population
22,631
Median age
31 yrs
Income / person / wk
$1,171
Household income / wk
$1,926
▲ 22% vs VIC
Median rent / wk
$411
Mortgage / month
$1,900
Who lives here
- Couples with children
- 8%
- −24 pts vs VIC
- Living alone
- 43%
- +17 pts vs VIC
- Unemployment
- 6%
- +1 pts vs VIC
- In the labour force
- 78%
- +15 pts vs VIC
- Bachelor degree or higher
- 59%
- +30 pts vs VIC
- Earning $1–$499 a week
- 11%
- −12 pts vs VIC
- Earning $2,000+ a week
- 20%
- +8 pts vs VIC
Households for the family mix, residents aged 15+ for work, education and income; unemployment is a share of the labour force. VIC figures weight each suburb by its dwellings or residents. ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.
Housing stock
11,894 occupied private dwellings
- Separate house 0%
- Flat or apartment 98%
- Semi, terrace & other 2%
VIC: 73% separate houses · 12% flats & apartments
- Owned outright 13%
- Mortgaged 18%
- Rented 67%
- Other & not stated 3%
VIC: 32% owned outright · 36% mortgaged · 29% rented
ABS Census 2021 (CC BY 4.0). Withheld for very small populations — under 100 residents, or under 50 dwellings, households or workers for the shares that count those.
Socio-economic profile
IRSD
Relative Socio-economic Disadvantage
Score 1,054
Measures relative socio-economic disadvantage only; a higher score means less disadvantage.
Within AustraliaDecile 8 of 10
Within VictoriaDecile 8 of 10
IER
Economic Resources
Score 868
Measures access to economic resources, including income, housing costs and assets.
Within AustraliaDecile 1 of 10
Within VictoriaDecile 1 of 10
IEO
Education and Occupation
Score 1,154
Measures relative education and occupation characteristics.
Within AustraliaDecile 10 of 10
Within VictoriaDecile 10 of 10
Scores are standardised across Australia to a mean of 1,000 and a standard deviation of 100. Deciles run from 1 (most disadvantaged) to 10 (least disadvantaged).
Source: ABS SEIFA 2021 (CC BY 4.0).
Terrain & hazard exposure
Median elevation
11 m
range 4–27 m
Land below 5 m
0.9%
0% below 2 m
Shares are the proportion of the suburb's land area. Land where Landsat saw water in at least 1% of clear passes since 1987, excluding permanent water and filtered by DEA's confidence layer. Satellites miss flood peaks, so this is a floor, not a risk estimate; dense high-rise cores can still register tower shadow as water. A statutory planning-control boundary, not a flood extent, and it can lag the latest flood study. Designated for development control; a designation, not a prediction of fire behaviour. The Building Regulations' Designated Bushfire Prone Area, the like-for-like of NSW Bush Fire Prone Land; the narrower Bushfire Management Overlay is a separate planning control. Elevation is orthometric height from a 30 m model; no hydrology or drainage is modelled.
Planning & zoning
Zoning mix (share of the suburb's land)
Show on map →- Centres & mixed use66%
- Infrastructure & special purpose27%
- Growth area, deferred or unzoned3.7%
- Open space & recreation3.4%
In a heritage area
16%
conservation area / Heritage Overlay
Show on map →Planning instruments: Melbourne Planning Scheme; Port Phillip Planning Scheme. Zones are grouped into ten families so states compare; the council's own scheme is the authority for any one lot. Source: Vicmap Planning zones; Vicmap Heritage Overlay.
Local amenities
Schools
2
Supermarkets
9
Pubs & bars
15
Parks
24
Libraries
3
GP clinics
5
Pharmacies
3
Hospitals
0
Nearest supermarket
0.1 km
Nearest train
0.9 km
Nearest hospital
2.4 km
Distance to coast
2.9 km
Grocery mix: 2 Woolworths · 1 Aldi · 3 IGA. Amenity counts via © OpenStreetMap contributors (ODbL) & Geoscience Australia HealthDirect (CC BY 4.0). Distance to coast derived from ABS state boundaries (CC BY 4.0).
Culture & community
- Dominant religion
- No religion · 46%
- Top language at home
- Mandarin · 5%
- No religion
- 46%
- Born overseas
- 65%
- English only at home
- 48%
Schools by sector
- Government / Catholic / Indep.
- 2 / 0 / 0
- Primary / Secondary
- 1 / 1
- Nearest secondary
- 0.3 km
School sector & type: ACARA (Australian Curriculum, Assessment and Reporting Authority), School Location dataset.
Local council
- Council (LGA)
- Melbourne
- Population
- 194,481 (2025) · +3.7% in a year
- Area / density
- 38 km² · 5,186/km²
- Council medians (2021)
- age 30 · $1,678/wk household income · $396/wk rent
- Council-wide house median (2023-24)
- $1.3M
- Federal grants
- $5.95M in 2025-26 · $31/resident
- Avg rates / property
- $2,345
- Operating result
- +5.5%
- Asset renewal
- 129%
- Website
- melbourne.vic.gov.au
Council boundaries and the suburb split: ABS ASGS LGA 2024, allocated by 2021 mesh block and weighted by Census 2021 residents. Population: ABS Estimated Resident Population 2025. Medians: ABS Census 2021. House median: ABS Data by Region, established-house transfers across the whole council, financial year 2023-24. Federal grants: Financial Assistance Grants, Dept of Infrastructure. Financials: VIC Local Government Performance Reporting 2024-25, Local Government Victoria. ABS, Dept of Infrastructure and Local Government Victoria data CC BY 4.0; council website from Wikidata (CC0).
Representation
- Federal division
- Macnamara
- Federal MP
- Josh Burns (ALP)
- Two-party-preferred
- Labor 62% 2PP
- State electorate
- Albert Park
- State MP
- Nina Taylor (ALP)
Where it is in Victoria
View on the full Victoria map →Similar suburbs
Closest demographic & amenity profile, nationally.
Sources: ABS ASGS boundaries (CC BY 4.0); ABS Census 2021 (CC BY 4.0); ACARA School Locations (CC BY 4.0); © OpenStreetMap contributors (ODbL); Australian Electoral Commission (CC BY 4.0); Geoscience Australia 1 Second DEM-S (CC BY 4.0); DEA Water Observations Statistics, Geoscience Australia (CC BY 4.0); Vicmap Planning overlays, Department of Transport and Planning Victoria (CC BY 4.0); Designated Bushfire Prone Area, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Planning Scheme Zones, Department of Transport and Planning Victoria (CC BY 4.0); Vicmap Planning — Heritage Overlay, Department of Transport and Planning Victoria (CC BY 4.0); Wikipedia state-member tables (CC BY-SA 4.0). Not financial advice.