Southbank (West) - South Wharf

VIC

Southbank (West) - South Wharf is a growing region in VIC with 8,122 residents.

SA2 code: 206041508
State: VIC

Population

8,122

Estimated 2025

5-Year Growth

+7.6%

3yr: +19.8% · 10yr: +19.5%

5-year growth

Median Rent

$430/wk

Census 2021

Median Income

$2,054/wk

Household, Census 2021

Population over time — Southbank (West) - South Wharf (SA2)

Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.

Growth at a Glance

3yr: +19.8%5yr: +7.6%10yr: +19.5%Total: +440.7%

Population grew from 1,502 to 8,122 over 24 years, averaging 7.3% per year.

Demand & supply signals

Derived signals haven't been computed for this region yet.

Roadmap signals

Two more derived metrics are defined in the platform and waiting on upstream-data orchestration. Each will populate here once its source series is wired through.

Affordability trend

Coming soon

RPPI year-on-year divided by WPI year-on-year. Above 1.0 means home prices are outpacing wages; below 1.0 means wages are catching up.

Awaiting: ABS RPPI (6432.0) + WPI (6345.0) GCCSA-grain orchestration.

Rent–price momentum spread

Coming soon

CPI rents year-on-year minus RPPI year-on-year. Positive means rents are gaining on prices; negative means prices are running ahead of rents.

Awaiting: ABS CPI rents component + RPPI orchestration.

Profile

Census snapshot

ABS · 2021

Housing

Public housing 0.1%

Almost entirely apartments (100%), rental-heavy (62.5% renting), built for families (54% are 2 bed).

Dwelling mix

Apartments 100.0%

3,299 apartments

Tenure

Owned 15.7%

Mortgage 19.1%

Renting 62.5%

Owned 15.7%Mortgage 19.1%Renting 62.5%Other / NS 2.7%

Number of bedrooms

1 bed

974 (29.7%)

2 bed

1,780 (54.3%)

3 bed

507 (15.5%)

4 bed

15 (0.5%)

5 bed

0 (0.0%)

6+ bed