Demographics

Southbank is approximately 1.56 square kilometres. In 2016 the population of Southbank was 18709. The population is 50% male and 50% female. On average the monthly mortgage repayments in Southbank are $1800 to $2399. The most common weekly income bracket is $1000 to $1249 per week. Weekly rents in the area are on average $450 to $549.

Description

Southbank is an inner urban neighbourhood of Melbourne, Victoria, Australia, 1 km south of Melbourne's central business district. Its local government area are the Cities of Melbourne and Port Phillip. At the 2011 Census, Southbank had a population of 11,235. Its northernmost area is considered part of the Central Business District and Central Activities District of the City. Southbank is bordered to the north by the Yarra River, and to the east by St Kilda Road. Southbank's southern and western borders are bounded by Dorcas Street, Kings Way, the West Gate Freeway and Montague Street. Southbank is dominated by high-rise development. It is one of the primary business centres in Greater Melbourne, being the headquarters of Foster's, Treasury Wine Estates, Crown Limited, Alumina, Incitec Pivot, The Herald and Weekly Times (including the Herald Sun), as well as regional offices of many major corporations, in a cluster of towers with over 340,000 square metres of office space in 2008. Southbank is also one of the most densely populated areas of Melbourne, with a large cluster of apartment towers, including Australia's tallest tower measured to its highest floor, the Eureka Tower.