Southbank

Melbourne CBD · Melbourne, VIC · 3006

Live · SQM Research3006House premium: +$250/wk over units

House rent/wk

$1050

Houses 3+ bed

Annual change

+4.1%

Hot

Monthly rent

$4.5K

52/12 × weekly

Bond (4 weeks)

$4.2K

Required upfront

Unit rent:$800/wk+6.8% p.a.

This suburb$1050/wk

Melbourne median$1222/wk

-14% below city average($172/wk)

Well below median

House

Unit

Hover to inspect monthly values

— Houses 3+ bed

Weekly

$1050

Monthly

$4.5K

Annual

$54.6K

% of avg VIC weekly earnings57% — Rental stress

0%20%30%40%50%

Need ~$15,167/month income to keep rent under 30% of earnings · VIC avg: $1,837/wk (ABS 6302.0)