Southbank
VIC 3006
Southbank is an inner-city suburb in the City of Melbourne, about 1 kilometre from the Melbourne CBD. City Road is a major east-west commercial road in a dense district of office towers, apartments and retained heritage buildings beside the Yarra River. The suburb has extensive road and tram connections to the Melbourne city centre.
Southbank has an office and consulting market, with office suites and floors in high-rise and inner-urban commercial buildings. South Melbourne, Melbourne and Docklands are nearby comparisons.
64
Active lease listings
commercial properties
$107,500
Median annual rent
asking rent across all listings
453
Median days on market
across all active listings
Lease rate trend
$471/m² p.a.
Median advertised rate
Up 1.9%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Southbank. Drill down to individual listings in MarketBuddy
Listings by sector
44
Offices
active lease listings
8
Medical / Consulting
active lease listings
5
Industrial, Warehouse and Factories
active lease listings
5
Retail and Shops
active lease listings
2
Land and Developments
active lease listings
Want to know more?
Explore commercial property insights for Southbank in MarketBuddy.
Last updated 5 September 2026