📡 PropertyEye tracks live listings in Sydney and Brisbane today — Melbourne pages are built from published auction results (2021–2026), our price model and weekly clearance data. Live Melbourne tracking is on the roadmap.
🎯 Price model — what the model says a typical home here achieves at auction
| Configuration | Model estimate | Range | Comparable sales |
|---|---|---|---|
| 1-bed unit | $500k | $453k–$561k | 69 |
| 2-bed unit | $706k | $629k–$780k | 69 |
| 3-bed unit | $957k | $853k–$1.06M | 69 |
Modelled from 138,399 Australian auction sales (2021–2026). Melbourne cells run on the base model (suburb prior + configuration + time) without the Sydney-only land/school/transport features — ranges are honest about the wider uncertainty. Estimates from comparable auction results — not valuations or financial advice.
🧾 Recent comparable sales — the real auction results behind the estimates
Units
| Address | Config | Sold | When |
|---|---|---|---|
| 1008/83 Queensbridge St | 1 bd · 1 ba | $450,000 | Jul 2025 |
| 2006/245 City Rd | 1 bd · 1 ba | $445,000 | Jul 2025 |
| 1604/33 City Rd | 1 bd · 1 ba | $420,000 | Jul 2025 |
| 1015/31 City Rd | 1 bd · 1 ba | $290,000 | Jun 2025 |
| 1904/58 Clarke St | 2 bd · 1 ba | $415,000 | Jun 2025 |
| 907/151 City Rd | 1 bd · 1 ba | $318,000 | Jun 2025 |
Recent sold auction results in Southbank from the price model's training set (published Domain results). A sample, not every sale.
💰 What Southbank actually sold for — published auction results, quarter by quarter
Units — median sold price by quarter
Latest quarter $445k (3 sales)
Quarterly medians of real published auction results (sold outcomes only). Historical results — not a prediction, valuation or financial advice.
🛡 Crime — recorded criminal incidents, year ending March 2026
Index 100 — well above the Greater Melbourne average (50 = average) · 136.9 key incidents per 1,000 residents · year-on-year +21%
Most recorded: Steal from a motor vehicle (980) · Other theft (482) · Motor vehicle theft (324)
Key offences: homicide, assault, sexual offences, robbery, property damage, burglary/break-and-enter, theft (CSA subdivisions A10/A20/A30/A70/B20/B30/B40). Rates are per RESIDENT — suburbs with heavy visitor/entertainment traffic (CBD, nightlife strips) read high on this basis. Source: Crime Statistics Agency (Victoria), criminal incidents year ending March 2026 (CC BY 4.0); populations ABS Census 2021 (SAL).
🔨 Auction market pace — Melbourne weekly clearance
Benchmark series (Domain): week to 2026-08-01 — 54.9% of 448 reported auctions. Our own tracking (withdrawn counted): week to 2026-08-01 — 54% of 506 scheduled. Lower clearance generally means more room for buyers to negotiate.
Suburb breakdown — trailing 8 weeks, our tracking, withdrawn counted
| Suburb | Clearance | Withdrawn | Auctions |
|---|---|---|---|
| Craigieburn | 44% | 5% | 102 |
| Reservoir | 58% | 5% | 92 |
| Wollert | 49% | 6% | 79 |
| Tarneit | 16% | 25% | 76 |
| Coburg | 51% | 10% | 68 |
| Preston | 40% | 15% | 68 |
| Glen Waverley | 60% | 9% | 67 |
| Mount Waverley | 51% | 5% | 63 |
| Mickleham | 30% | 21% | 56 |
| Bentleigh East | 44% | 12% | 52 |
🏠 Recent auction addresses in Southbank
Every address links to its own page — published results, price estimate, suburb context.
507/102 Wells St · 252/173 City Rd · 1/88 Wells St · 3701/241 City Rd · 3306/57-61 City Rd · 1101/118 Kavanagh St
All figures derive from published auction results and public data — estimates only, not financial advice.