Southbank (West) - South Wharf

SA2

Greater Melbourne / Melbourne City

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats 206041508 How we calculate this
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Statistical Area (SA2) Boundary Analysis

This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.

SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).

Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Southbank (West) - South Wharf

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DemographicsPopulation Growth in Southbank (West) - South Wharf

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Southbank (West) - South Wharf has an estimated 8,122 residents, up from 6,463 at the 2021 Census — a change of 1,659 people, or 25.7%. Growth has averaged 1.5% a year over five years, faster than 94% of areas nationally. Overseas migration accounts for 94.5% of that increase. That puts 9,555 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to research conducted by AreaSearch, the population across Southbank (West) - South Wharf stands at approximately 8,122 as of Aug 2026. This represents an addition of 1,659 residents (25.7%) compared to the 2021 Census tally of 6,463 people. This demographic movement incorporates ABS estimated resident population figures of 8,122 recorded as of June 2025 alongside 35 validated new addresses identified following the Census. The resulting density reaches 9,555 persons per square kilometer, positioning the precinct within the top 10% nationwide and underscoring intense local land demand. Expanding by 25.7% from the 2021 census, the locality outpaced both the broader Victorian state gain of 9.5% and nationwide figures, establishing itself as a standout regional growth center.

This demographic surge was overwhelmingly fueled by overseas migration, which generated roughly 94.5% of recent population additions. Demographic projections for each SA2 district rely on ABS/Geoscience Australia data published in 2024 using 2022 baseline figures, with any unrepresented areas supplemented by 2023 VIC State Government Regional/LGA releases via weighted aggregation models. These models also determine age-specific growth distributions applied across all territories spanning 2032 to 2041. Future demographic modeling indicates exceptional population expansion ranking within the top 10 percent of AreaSearch study areas, with local numbers anticipated to expand by 5,240 persons to 2041 from current annual ERP baselines, translating to a cumulative 64.5% surge across the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the Southbank (West) - South Wharf SA2?
Total population for the Southbank (West) - South Wharf SA2 was estimated to be approximately 8,122 as at Aug 26. This is based upon an estimated resident population of 8,122 from the ABS up to June 2025.
How has the population in the Southbank (West) - South Wharf SA2 changed since 2021?
The southbank (west) - south wharf sa2 has added approximately 1,659 people and shown a 25.67% increase from the 6,463 people recorded at the 2021 Census period.
What is the population density in the Southbank (West) - South Wharf SA2?
The population density in the Southbank (West) - South Wharf SA2 is estimated at 9,555 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the Southbank (West) - South Wharf SA2?
Over the past 10 years, the population in the Southbank (West) - South Wharf SA2 has shown a compound annual growth rate of 1.8% per annum.
What are the main drivers of population growth in the Southbank (West) - South Wharf SA2?
Population growth in the Southbank (West) - South Wharf SA2 is driven by: Overseas migration (94.5%), Natural increase (5.5%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 94.5% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Southbank (West) - South Wharf

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1,079 new dwellings have been approved in Southbank (West) - South Wharf over the past five years, an average of 215 a year. That places the area in the 80th percentile for residential development activity nationally, about 26 approvals per 1,000 residents a year. Of the 216 dwellings approved in the latest reporting year, 0% were detached houses and the rest townhouses or apartments. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.

Detail

Residential building approvals across Southbank (West) - South Wharf have tracked at roughly 215 dwellings annually, totaling 1,079 approved residences across the preceding 5 financial years (between FY-22 and FY-26). Over this same five-year span (between FY-22 and FY-26), an average of only 0.5 new residents arrived per approved dwelling, demonstrating that newly built supply comfortably accommodates or exceeds buyer demand, expanding residential capacity beyond baseline projections with new units carrying an expected construction cost of $441,000. Additionally, commercial development remains robust, marked by $29.1 million in commercial building approvals lodged during the ongoing financial year.

Per capita construction activity in Southbank (West) - South Wharf eclipses Greater Melbourne by 89.0%, giving purchasers a wide array of options despite a recent moderation in overall building volumes. This rate of development substantially exceeds national norms, demonstrating intense interest from commercial builders. Furthermore, recent residential additions have consisted exclusively of attached townhouses and multi-unit apartment complexes, a densification pattern that creates accessible price points suited to entry-level buyers, downsizers, and property investors. Long-term demographic forecasts indicate that Southbank (West) - South Wharf will add 5,240 residents through to 2041 relative to the most recent quarterly projections from AreaSearch. Considering ongoing construction volumes, incoming residential development appears well balanced to satisfy local demand, maintaining favorable market conditions for purchasers and supporting population expansion beyond current forecasts.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the Southbank (West) - South Wharf SA2 recently?
Dwelling approval activity in the the Southbank (West) - South Wharf SA2 area has seen 312 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The Southbank (West) - South Wharf SA2's current population of 8,122 has been supported by 215 approvals on average over recent years.
How does the Southbank (West) - South Wharf SA2's development activity compare to the broader region?
The Southbank (West) - South Wharf SA2 has seen 3.01 approvals per 100 people in recent years, compared to 0.86 approvals in the broader region. This means that one dwelling has been approved for every 0 people in the Southbank (West) - South Wharf SA2, compared to one for every 121 in the broader region.
Is the Southbank (West) - South Wharf SA2 keeping up with housing demand?
With the population expected to increase by 5,240 people by 2041, around 2,620 new dwellings will be necessary. Recent approval levels appear broadly sufficient to meet these forecasts, considering the census average of 2.0 persons per dwelling.
What has been the trend in development approvals over the past five years in the Southbank (West) - South Wharf SA2?
Looking at development activity over the past five years, the Southbank (West) - South Wharf SA2's approval levels have been significantly below the yearly average of 215, showing a notable downturn in recent development.
How many dwellings will be needed to accommodate future population growth in the Southbank (West) - South Wharf SA2?
The population in the Southbank (West) - South Wharf SA2 is expected to grow by 5,240 people by 2041, necessitating approximately 2,620 new dwellings. This calculation is based on the current census average of 2.0 persons per dwelling in the area.
How does recent development compare to population growth in the Southbank (West) - South Wharf SA2?
Over the past five years, the population in the Southbank (West) - South Wharf SA2 has grown by approximately 6,620 people, while 1,079 residential approvals were recorded. This equates to a ratio of 6.1 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the Southbank (West) - South Wharf SA2?
With dwelling approval activity running at an average of 215 approvals per year and a population of 8,122, the market appears to be reasonably balanced between supply and demand, presenting moderate opportunities for well-positioned developments. With the population expected to increase by 5,240 people by 2041, around 2,620 new dwellings will be necessary. Current approval trends may be insufficient to meet forecast demand, indicating strong development opportunities.
Approvals Pipeline Development applications near Southbank (West) - South Wharf

Development applications around Southbank (West) - South Wharf

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 36 applications for Southbank (West) - South Wharf, but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Southbank (West) - South Wharf

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AreaSearch tracks 14 current infrastructure and development projects inside Southbank (West) - South Wharf, worth an estimated $5.83 billion. A further 186 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $130.8 billion. 70 are already under construction and 58 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Area performance is heavily guided by capital projects, infrastructure upgrades, and strategic planning initiatives. AreaSearch has tracked 57 key developments that are expected to influence the precinct, with notable undertakings including Sento, One Queensbridge, R.Evolution, and Greenline Project headlining the most significant local investments.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the Southbank (West) - South Wharf SA2?
Key infrastructure and planning changes likely to influence the Southbank (West) - South Wharf SA2 include: Sento (Construction); One Queensbridge (Dev. Application); R.Evolution (Construction); Greenline Project (Construction); and Ian Potter State Theatre Refurbishment (Construction). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the Southbank (West) - South Wharf SA2?
Infrastructure development impacting the Southbank (West) - South Wharf SA2 spans multiple sectors including Residential Development, Arts & Culture, and Communities, Precincts & Urban Renewal, among others.
What is the scale of infrastructure investment impacting the Southbank (West) - South Wharf SA2?
Infrastructure investment analysis indicates substantial capital deployment exceeding $25.0 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the Southbank (West) - South Wharf SA2 vicinity.
How does the Southbank (West) - South Wharf SA2's infrastructure development compare to other areas?
The Southbank (West) - South Wharf SA2 ranks in the top 20% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
No. 1 Queens Bridge
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2031
Source / Links: Link 1   Link 2  

A 1.5 billion AUD, 71-level mixed-use tower developed by PDG and designed by COX Architecture. The landmark project features 588 luxury residences, a 181-key luxury boutique hotel, office spaces, and ground-level retail. It includes the retention and heritage restoration of the mid-1800s Queens Bridge Hotel, which will anchor the precinct hospitality offering with an atrium and rooftop bar. Early works and demolition commenced in early 2026.

Communities, Precincts & Urban Renewal

65 Haig Street Build-to-Rent Development
Category: Residential Development
Stage: Approved | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A 39-storey build-to-rent tower providing 312 apartments in Southbank, Melbourne, targeting the rental market with 74% studios and one-bedroom units. Features extensive amenities including co-working spaces, health facilities, indoor pool, gym, rooftop lounge, and pet facilities. The design incorporates a brick-bond facade pattern with bronze highlights to enhance visual interest and integrate with the urban environment.

Residential Development

STH BNK by Beulah
Category: Precincts & Urban Renewal
Stage: Approved | Est. Comp: 0
Source / Links: Link 1   Link 2  

$2.7 billion dual-tower mixed-use development (366m and 251m) featuring 789 apartments, Four Seasons hotel with 202 rooms, Centre Pompidou-affiliated cultural gallery, 27,000 sq m of offices, and 21,000 sq m of retail. Designed by UNStudio and Cox Architecture with a vertical green spine. Planning permit approved April 2020 and extended to April 2027. Project management entity BSSPV Pty Ltd entered voluntary administration in February 2025 with debts exceeding $100 million; creditors voted in March 2025 to sell the site.Beulah (via land entity SB Nominees) is pursuing parallel strategies including a joint venture partner, alternate financing, or site sale. No construction has commenced as of May 2026.

Precincts & Urban Renewal

36-42 Clarke Street Residential Development
Category: Residential Development
Stage: Proposed | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Proposed 25-storey residential tower in Southbank featuring 188 apartments, including one and two-bedroom units, with amenities such as a pool, spa, and gym. The development addresses the site's industrial heritage and flood zone challenges but was refused planning permission due to flood risks.

Residential Development

Sento
Category: Residential Development
Stage: Approved | Est. Comp: 2028
Source / Links: Link 1   Link 2  

Sento by Holder East is a 48-storey mixed-use development featuring Melbourne's first urban onsen. It includes 148 premium residences and a 126-room Japanese-inspired boutique hotel on the lower levels. Amenities include a private teahouse, sky garden, yoga studio, gym, and Japanese bathhouse. Designed by FK architects.

Residential Development

Greenline Project
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2028
Source / Links: Link 1   Link 2  

The Greenline Project is a transformational 4km urban renewal initiative creating a continuous promenade along the north bank of the Yarra River (Birrarung). Connecting five precincts from Birrarung Marr to Saltwater Wharf, the first major stage at Birrarung Marr is complete while planning and detailed design advance for the central riverfront sections. Delivered by the City of Melbourne in partnership with design studios ASPECT Studios and TCL, the project integrates native habitat restoration and Indigenous cultural design.

Communities, Precincts & Urban Renewal

93-103 Clarendon Street Development Site
Category: Residential Development
Stage: Under Assessment | Est. Comp: 2029
Source / Links: Link 1   

A proposed 54-storey residential tower developed by LAS Group, featuring 510 apartments, a podium, and pedestrian bridge. The revised plan follows the rejection of an initial 60-storey proposal and aims to address concerns regarding height, overshadowing, and heritage.

Residential Development

Melbourne Arts Precinct Transformation
Category: Social Infrastructure
Stage: Construction | Est. Comp: 2028

The $1.7 billion Melbourne Arts Precinct Transformation (MAPT) is a landmark cultural redevelopment overseen by MAP Co and delivered by Development Victoria. The project encompasses major upgrades to Arts Centre Melbourne's Theatres Building, the construction of The Fox: NGV Contemporary art gallery, and the creation of Laak Boorndap, an 18,000 sqm elevated urban garden. Construction is actively advancing across deep basement civil packages, with overall completion scheduled for 2028.

Social Infrastructure

Jobs & IndustryEmployment Trends in Southbank (West) - South Wharf

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6,001 residents of Southbank (West) - South Wharf are employed, from a labour force of 6,168. Unemployment sits at 2.7%, with participation at 80.7%. Weighted for its industry mix, the area's sectors are forecast to grow about 7.0% nationally over five years. That reflects industry composition only and makes no allowance for local population growth, so in an area growing as fast as this one it understates the likely rise in local jobs. The working-day population is estimated at 23,187, about 2.9 times the resident population, so the area draws in more workers than it sends out. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

The local labor force in Southbank (West) - South Wharf is exceptionally qualified, highlighted by extensive professional services representation, a low unemployment rate of 2.7%, and an estimated 3.9% annual rise in job numbers. By March 2026, employed residents reached 6,001 while local joblessness sat 2.1% lower than the Greater Melbourne benchmark of 4.8%, accompanied by an elevated labor force participation rate of 80.7% compared to 70.1% across Greater Melbourne. Census records also indicate that 46.6% of workers operated from home, though this figure was influenced by prevailing Covid-19 restrictions.

Resident employment centers primarily on professional & technical roles, finance & insurance, and accommodation & food services. Specialization is particularly elevated in professional & technical fields, where the local employment proportion reaches 1.9 times the broader metropolitan level. Conversely, health care & social assistance remains comparatively small, engaging 8.5% of Southbank (West) - South Wharf workers against 14.2% across Greater Melbourne. Maintaining 4.5 workers for every resident as of the Census, the precinct acts as a major commercial center that draws in commuting personnel from surrounding suburbs. Analysis of SALM and ABS statistics by AreaSearch shows that during the 12 months leading to March 2026, resident employment rose by 3.9% and the total workforce expanded by 3.8%, leaving the unemployment rate virtually static. Over the same duration, Greater Melbourne posted a 2.1% increase in employment and a 2.3% gain in the labor pool, alongside a 0.2 percentage point uptick in unemployment. Future labor demand trends can be evaluated against national forecasts released by Jobs and Skills Australia in Mar-26 across five- and ten-year intervals. While nationwide workforce numbers are anticipated to rise 6.6% over five years and 13.7% over ten years, local industry concentrations suggest Southbank (West) - South Wharf could record employment gains of 7.0% over five years and 14.0% over ten years, based on simple industry weighting extrapolations without factoring in specific local population changes.

Frequently Asked Questions - Employment

What is the employment situation in the Southbank (West) - South Wharf SA2?
As of March 2026, the Southbank (West) - South Wharf SA2 has approximately 6,001 employed residents with an unemployment rate of 2.7%. This very low unemployment rate indicates a tight labour market with strong demand for workers. The area ranks in the top 25% nationally for employment performance, indicating a robust job market.
How does the Southbank (West) - South Wharf SA2's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the Southbank (West) - South Wharf SA2 stands at 2.7%, which is 2.1 percentage points below Greater Melbourne's rate of 4.8%. This lower unemployment rate suggests stronger local employment conditions. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the Southbank (West) - South Wharf SA2?
The employment landscape in the Southbank (West) - South Wharf SA2 is dominated by several key sectors. The largest employers are professional & technical (19.3% of employment), finance & insurance (10.5%), and accommodation & food (9.9%). Other significant employers include health care & social assistance and retail trade.
How has employment changed recently in the Southbank (West) - South Wharf SA2?
Over the past year to March 2026, the Southbank (West) - South Wharf SA2 has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Melbourne saw employment increased and its unemployment rate rose.
What is the workforce participation rate in the Southbank (West) - South Wharf SA2?
The workforce participation rate in the Southbank (West) - South Wharf SA2 is 80.7%, which represents the proportion of working-age residents who are either employed or actively seeking work. This high participation rate indicates strong workforce engagement and economic vitality. The local rate leading the Greater Melbourne average of 70.1%, indicating stronger workforce attachment in the local area.
Which industries are over-represented in the Southbank (West) - South Wharf SA2's employment market?
The southbank (west) - south wharf sa2 shows notable specialization in professional & technical, which employs 19.3% of the local workforce compared to 10.1% regionally. This concentration suggests the area has developed competitive advantages in this sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the Southbank (West) - South Wharf SA2?
Based on Jobs and Skills Australia projections applied to the Southbank (West) - South Wharf SA2's industry mix, employment is expected to grow by 7.0% over the next five years and 14.0% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the Southbank (West) - South Wharf SA2 compare nationally?
The southbank (west) - south wharf sa2's employment market shows strong performance nationally, ranking in the top 25% of areas assessed by AreaSearch. This indicates robust employment conditions and economic vitality compared to other regions. Recent job advertisement trends show the broader employment region saw a 8.9% decline, ranking 34.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the Southbank (West) - South Wharf SA2?
Skilled workers will find excellent opportunities in the Southbank (West) - South Wharf SA2, with knowledge-intensive sectors comprising 47.3% of local employment. Key sectors for skilled workers include professional & technical (19.3%), finance & insurance (10.5%), and health care & social assistance (8.5%). With projected employment growth of 7.0% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Southbank (West) - South Wharf

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Median household income in Southbank (West) - South Wharf is $2,054 a week (about $107,000 a year), with median personal income at $1,227 a week. ATO records put median taxable income at $58,179 a year against an average of $75,649. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

Postcode-level ATO records compiled by AreaSearch for financial year 2023 place Southbank (West) - South Wharf among the country's highest-earning areas, featuring a median income of $58,179 and an average income of $75,649, outpacing the Greater Melbourne median of $57,688 and average of $75,164. Factoring in a 9.62% increase in the Wage Price Index since financial year 2023, updated estimates suggest figures near $63,776 (median) and $82,926 (average) by March 2026. The 2021 Census showed local individual earnings placed in the 92nd percentile nationwide at $1,227 weekly. In terms of distribution, 36.6% of residents (2,972 people) fall into the $1,500 - 2,999 bracket, aligning with the regional rate of 32.8%.

While local accommodation expenses absorb 17.8% of earnings, strong overall pay keeps disposable earnings at the 66th percentile and positions the district in the 9th decile on the SEIFA income index.

Frequently Asked Questions - Income

What is the median taxable income in the Southbank (West) - South Wharf SA2?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Southbank (West) - South Wharf SA2 is approximately $63,776. The official ATO data from FY-23 recorded a median of $58,179.
What is the average taxable income in the Southbank (West) - South Wharf SA2?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Southbank (West) - South Wharf SA2 is approximately $82,926. The official ATO data from FY-23 recorded an average of $75,649.
How does the median taxable income in the Southbank (West) - South Wharf SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Southbank (West) - South Wharf SA2 is approximately $63,776 compared to $63,238 in Greater Melbourne. The official ATO data from FY-23 shows $58,179 and $57,688 respectively.
How does the average taxable income in the Southbank (West) - South Wharf SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Southbank (West) - South Wharf SA2 is approximately $82,926 compared to $82,395 in Greater Melbourne. The official ATO data from FY-23 shows $75,649 and $75,164 respectively.
What are the main income cohorts in the Southbank (West) - South Wharf SA2 according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~36.6% / 2,972 persons) of the Southbank (West) - South Wharf SA2's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the Southbank (West) - South Wharf SA2 compare to the region?
The largest income cohort in the Southbank (West) - South Wharf SA2 is the $1,500 - 2,999 group, representing about 36.6% of the population. In comparison, Greater Melbourne's largest income cohort is the $1,500 - 2,999 group, representing 32.8% of its population, according to the 2021 Census.
What is the median household income in the Southbank (West) - South Wharf SA2 according to the 2021 Census?
The 2021 Census data indicates that the median household income in the Southbank (West) - South Wharf SA2 is $2,054/wk.
What is the median family income in the Southbank (West) - South Wharf SA2 according to the 2021 Census?
According to the 2021 Census, the median family income in the Southbank (West) - South Wharf SA2 is $2,681/wk.
What is the median personal income in the Southbank (West) - South Wharf SA2 according to the 2021 Census?
The 2021 Census shows that the median personal income in the Southbank (West) - South Wharf SA2 is $1,227/wk.
How does the Southbank (West) - South Wharf SA2's income rank nationally?
The Southbank (West) - South Wharf SA2 shows a median taxpayer income of $58,179 and an average of $75,649 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is well above average nationally, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $63,776 (median) and $82,926 (average) as of March 2026.
What is the disposable income in the Southbank (West) - South Wharf SA2?
The estimated disposable income in the Southbank (West) - South Wharf SA2 is $7,312 per year according to AreaSearch analysis.
How does the Southbank (West) - South Wharf SA2's disposable income compare to the region?
The southbank (west) - south wharf sa2's disposable income is $7,312 compared to $6,948 for Greater Melbourne, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Southbank (West) - South Wharf

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Southbank (West) - South Wharf had 3,309 occupied dwellings at the 2021 Census, 0% detached houses and 100% apartments. 20% are owned with a mortgage, 64% rented and 16% owned outright. At that Census the median rent was $430 a week and the median mortgage repayment $2,000 a month, a total housing cost higher than 86% of areas nationally. Rent absorbs 20.9% of household income here and mortgage repayments 22.5%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

The residential landscape of Southbank (West) - South Wharf during the most recent Census featured no standalone houses whatsoever, with 100.0% of properties classified as other dwellings including apartments and semi-detached units, compared to 67.9% houses and 32.1% other dwellings across Melbourne metro. Outright property ownership trailed metropolitan levels at 16.2%, while remaining homes were under a mortgage (19.7%) or occupied by tenants (64.1%). The typical monthly mortgage cost matched the Melbourne metro median of $2,000, while median weekly rent reached $430 compared to $390 across Melbourne metro and $2,000 for metropolitan home loans.

On a broader scale, local mortgage payments surpass the national benchmark of $1,863, and weekly rents track considerably higher than the Australian median of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the Southbank (West) - South Wharf SA2?
In the Southbank (West) - South Wharf SA2, 16.2% of homes are owned outright, 19.7% are owned with a mortgage, and 64.1% are rented.
What percentage of dwellings in the Southbank (West) - South Wharf SA2 are houses?
According to the latest data, 0.0% of dwellings in the Southbank (West) - South Wharf SA2 are houses.
What percentage of dwellings in the Southbank (West) - South Wharf SA2 are apartments or units?
In the Southbank (West) - South Wharf SA2, 99.9% of dwellings are apartments or units, with an additional 0.0% being semi-detached dwellings.
What is the level of outright home ownership in the Southbank (West) - South Wharf SA2?
Outright home ownership in the Southbank (West) - South Wharf SA2 stands at 16.2%, compared to 30.7% in Greater Melbourne.
What is the median monthly mortgage repayment in the Southbank (West) - South Wharf SA2?
The median monthly mortgage repayment in the Southbank (West) - South Wharf SA2 is $2,000, compared to $2,000 in Greater Melbourne.
What is the median weekly rent in the Southbank (West) - South Wharf SA2?
The median weekly rent in the Southbank (West) - South Wharf SA2 is $430, compared to $390 in Greater Melbourne.
What is the distribution of rental prices in the Southbank (West) - South Wharf SA2?
In the Southbank (West) - South Wharf SA2, 0.6% of rentals are $0-149/week, 18.4% are $150-349/week, 65.9% are $350-649/week, 10.6% are $650-949/week, and 4.4% are $950+/week.
What is the average monthly housing cost in the Southbank (West) - South Wharf SA2?
The aggregate monthly housing cost in the Southbank (West) - South Wharf SA2 is $1,588, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the Southbank (West) - South Wharf SA2?
In the Southbank (West) - South Wharf SA2, households with mortgages typically spend 22.5% of their income on mortgage repayments, while renters spend 20.9% of their income on rent.
How crowded are homes in the Southbank (West) - South Wharf SA2?
The average persons per bedroom ratio in the Southbank (West) - South Wharf SA2 is 1.0, indicating the level of household density.
How does housing affordability in the Southbank (West) - South Wharf SA2 compare to the region?
Housing affordability in the Southbank (West) - South Wharf SA2 shows mortgage holders spending 22.5% of income on repayments (vs 24.3% regionally), while renters spend 20.9% of income on rent (vs 20.5% regionally).
What types of dwellings are most common in the Southbank (West) - South Wharf SA2?
The dwelling mix in the Southbank (West) - South Wharf SA2 consists of 0.0% detached houses, 0.0% semi-detached dwellings, 99.9% apartments, and 0.1% other dwelling types.
What is the weighted average housing cost based on tenure mix in the Southbank (West) - South Wharf SA2?
Considering the housing occupancy patterns, the weighted average monthly housing cost is approximately $1,587. This accounts for outright owners paying no housing costs, mortgage holders paying $2,000/month, and renters paying $1,862/month.
How affordable is housing in the Southbank (West) - South Wharf SA2 relative to local incomes?
Housing in Southbank (West) - South Wharf consumes approximately 17.8% of median household income ($8,894 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the Southbank (West) - South Wharf SA2?
Development application data is not available for this area.

HouseholdsHousehold Composition in Southbank (West) - South Wharf

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Southbank (West) - South Wharf counted 3,309 households at the 2021 Census, an estimated 4,158 today, averaging 1.8 people each. 10% are couples with children, fewer than in 97% of areas nationally, against 30% couples without children. 43% of households are people living alone, and families average 0.6 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Family units account for 47.0% of all local households, divided between couples without children (30.4%), couples with children (10.3%), and single parent families (4.3%). Non-family living arrangements constitute the remaining 53.0%, driven by single-person dwellings at 43.1% and shared group households at 9.7%. With a median household size of 1.8 people, occupancy is notably more compact than the Greater Melbourne standard of 2.6.

Frequently Asked Questions - Households

How many households are in the Southbank (West) - South Wharf SA2?
As of the 2021 Census, the Southbank (West) - South Wharf SA2 had 3,309 households. Based on population growth patterns, this has grown by approximately 25.7% to an estimated 4,158 households today.
What is the typical household size?
The median household size in the Southbank (West) - South Wharf SA2 is 1.8 people. This compares to 2.6 in Greater Melbourne and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 47.0% of all households. The remaining households consist of lone person households (43.1%), group households (9.7%), and other household types (0.0%).
How are families structured in the area?
Among the 1,555 family households, 10.3% are couples with children, 30.4% are couples without children at home, and 4.3% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the Southbank (West) - South Wharf SA2 compare to regional household patterns?
Compared to Greater Melbourne, the Southbank (West) - South Wharf SA2 shows distinct household patterns. Lone person households are notably over-represented at 43.1% (versus 24.8% regionally). Conversely, family households are under-represented at 47.0% compared to the regional 70.9%. This higher proportion of single-person households drives demand for smaller dwellings and different community services.
What is the average family size?
Families in the Southbank (West) - South Wharf SA2 have an average of 0.6 children, slightly below the Greater Melbourne average of 1.4. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the Southbank (West) - South Wharf SA2?
Marriage patterns reveal 33.8% of the adult population are currently married, while 54.4% have never married. This compares to 47.0% married and 38.0% never married across Greater Melbourne.
How significant are single-person households?
Single-person households represent 43.1% of all households in the Southbank (West) - South Wharf SA2, higher than the regional average of 24.8%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 9.7% of households, well below the Greater Melbourne average of 4.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Southbank (West) - South Wharf

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64.5% of adults in Southbank (West) - South Wharf hold a university qualification, including 38.0% with a bachelor degree and 22.6% with postgraduate qualifications. A further 8.1% hold a vocational qualification. Qualifications come from the 2021 Census.

Detail

Educational qualifications throughout Southbank (West) - South Wharf substantially outpace regional and national standards, with 64.5% of people aged 15+ holding a tertiary qualification, compared to 33.4% in VIC and 30.4% in Australia. This strong educational profile supports the local knowledge economy. Bachelor degrees are the most widespread credential at 38.0%, followed by postgraduate degrees at 22.6% and graduate diplomas at 3.9%. Technical and vocational training encompasses 18.4% of qualifications for residents aged 15+, consisting of advanced diplomas (10.3%) and certificates (8.1%). Active participation in study is prominent across the suburb, with 27.9% of the population currently attending educational institutions.

This includes 13.2% undertaking tertiary studies, 3.3% attending primary schools, and 1.6% in secondary education.

Frequently Asked Questions - Education

What percentage of people in the Southbank (West) - South Wharf SA2 have university qualifications?
64.5% of people aged 15 and over in the Southbank (West) - South Wharf SA2 have university qualifications, compared to 37.0% in the broader region.
What percentage of people in the Southbank (West) - South Wharf SA2 have no formal qualifications?
17.1% of people aged 15 and over in the Southbank (West) - South Wharf SA2 have no formal qualifications, compared to 35.2% regionally.
How does the Southbank (West) - South Wharf SA2's education level compare to national averages?
The southbank (west) - south wharf sa2 ranks in the 67th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the Southbank (West) - South Wharf SA2?
The most common qualifications in the Southbank (West) - South Wharf SA2 are: Bachelor Degree (38.0%), Postgraduate (22.6%), Advanced Diploma (10.3%).
What proportion of the Southbank (West) - South Wharf SA2's population is currently attending educational institutions?
27.9% of the population in the Southbank (West) - South Wharf SA2 is currently engaged in formal education, with 3.3% in primary school, 1.6% in secondary school, 13.2% at university.
What is the ICSEA score for schools in the Southbank (West) - South Wharf SA2?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the Southbank (West) - South Wharf SA2 is 0, indicating below-average socio-educational advantage compared to the national average of 1000.

Schools Detail

AmenitiesServices & Amenities in Southbank (West) - South Wharf

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Getting AroundTransport & Commuting in Southbank (West) - South Wharf

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Public transport in Southbank (West) - South Wharf reaches 14 stops on 11 routes, timetabled for about 6,400 services a week. The typical home sits about 120 m from its nearest stop. Trams carry the largest share of public transport commuters. Households keep an average of 0.2 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Commuter networks across Southbank (West) - South Wharf feature 14 active public transit stops spanning bus and light rail services. Operated across 11 transit routes, the network delivers 6,409 weekly passenger departures, providing outstanding accessibility with residents located a typical 124 meters from their closest boarding point. Most workers commute outward, with personal motor vehicles serving 35% of trips, walking accounting for 26%, and train travel representing 13%. Car ownership sits below regional norms at an average of 0.2 vehicles per residence, while 46.6% of local workers worked from home according to the 2021 Census, reflecting prevailing COVID-19 settings.

Transit services maintain an average delivery of 915 trips per day throughout the broader network, representing roughly 457 weekly departures per active stop.

Frequently Asked Questions - Transport

How many public transport stops are in Southbank (West) - South Wharf?
There are 14 public transport stops within the Southbank (West) - South Wharf SA2.
How frequent are the transport services in Southbank (West) - South Wharf?
the Southbank (West) - South Wharf SA2 has 6,409 weekly trips across 11 routes, averaging 915 trips per day.
How far are residents from public transport in Southbank (West) - South Wharf?
On average, residential properties are 124 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Southbank (West) - South Wharf

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81.4% of residents in Southbank (West) - South Wharf report no long-term health condition, a healthier profile than 93% of areas nationally. 1.8% need daily assistance with core activities, and 56.6% hold private health cover. The standardised death rate runs at 4.4 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Health indicators across Southbank (West) - South Wharf reflect excellent overall wellbeing according to AreaSearch metrics on chronic illness and mortality, showcasing minimal prevalence of common medical ailments across all age demographics alongside an elevated private health insurance rate covering roughly 57% of residents (~4,597 people). Asthma and mental health conditions represent the most frequently reported health concerns, recorded among 5.5% and 6.0 of residents, respectively, whereas 81.4% of the population reported no long-term illnesses, compared to 72.6% throughout Greater Melbourne. Seniors aged 65 and over constitute 7.8% of the local population (630 people), which is lower than the Greater Melbourne proportion of 15.1%, with older residents demonstrating strong overall health metrics consistent with broader national trends.

Frequently Asked Questions - Health

How many people in the Southbank (West) - South Wharf SA2 have private health insurance?
Around 56.6% of people in the Southbank (West) - South Wharf SA2 are covered by private health insurance, which compares to 56.7% in the broader region of Greater Melbourne.
What percentage of the population requires ongoing medical assistance in the Southbank (West) - South Wharf SA2?
In the Southbank (West) - South Wharf SA2, 1.8% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.5% of people in Greater Melbourne require similar assistance.
How prevalent is asthma in the Southbank (West) - South Wharf SA2?
5.5% of people in the Southbank (West) - South Wharf SA2 are diagnosed with asthma. In comparison, 7.3% of the population across Greater Melbourne is affected by asthma.
What percentage of people have diabetes in the Southbank (West) - South Wharf SA2?
Diabetes affects 2.3% of the the Southbank (West) - South Wharf SA2 population, while in the surrounding region, 4.1% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the Southbank (West) - South Wharf SA2?
1.8% of people in the Southbank (West) - South Wharf SA2 have heart disease. Across the region of Greater Melbourne, 3.1% of the population is affected by heart disease.
How does the Southbank (West) - South Wharf SA2 compare to the region in terms of overall private health coverage?
In the Southbank (West) - South Wharf SA2, 56.6% of the population are estimated to have private health insurance. Comparatively, Greater Melbourne sees an estimated private health coverage rate of 56.7%.

Ancestry & LanguageCultural Diversity in Southbank (West) - South Wharf

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62.3% of Southbank (West) - South Wharf residents were born overseas and 50.1% speak a language other than English at home, more culturally diverse than 94% of areas nationally. The largest reported ancestries are Chinese (17.0%) and English (16.1%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Southbank (West) - South Wharf ranks among Australia's most cosmopolitan localities, with 62.3% of residents born abroad and 50.1% using a language other than English in their homes. Christianity is the primary religion, identified by 30.8% of the population in Southbank (West) - South Wharf. Buddhism displays the most notable relative concentration, representing 6.8% of residents compared to 4.2% across Greater Melbourne. Regarding ancestral background based on parental birthplaces, the largest identified groups across Southbank (West) - South Wharf comprise Other at 19.0%, Chinese at 17.0% (substantially higher than the 6.5% regional proportion), and English at 16.1%.

Specific overseas backgrounds also show elevated representation, including Korean at 1.8% (against 0.3% regionally), Indian at 8.2% (against 4.2%), and Spanish at 0.9% (against 0.4%).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the Southbank (West) - South Wharf SA2?
Southbank (West) - South Wharf is among the most culturally diverse areas in the country, with 50.1% of its population speaking a language other than English at home and 62.3% born overseas.
What is the most common religion in the Southbank (West) - South Wharf SA2?
The main religion in Southbank (West) - South Wharf was found to be Christianity, which makes up 30.8% of people in Southbank (West) - South Wharf. However, the most apparent overrepresentation was in Buddhism, which comprises 6.8% of the population, compared to 4.2% across Greater Melbourne.
What are the top countries of origin in the Southbank (West) - South Wharf SA2?
In terms of ancestry (country of birth of parents), the top three represented groups in Southbank (West) - South Wharf are Other, comprising 19.0% of the population, Chinese, comprising 17.0% of the population, which is substantially higher than the regional average of 6.5%, and English, comprising 16.1% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Korean is notably overrepresented at 1.8% of Southbank (West) - South Wharf (vs 0.3% regionally), Spanish at 0.9% (vs 0.4%) and Indian at 8.2% (vs 4.2%).
How does the percentage of people born overseas compare to the regional average?
62.3% of the the Southbank (West) - South Wharf SA2 population was born overseas, compared to 37.3% regionally.
What percentage of the the Southbank (West) - South Wharf SA2 population speaks a language other than English at home?
50.1% of the population in the Southbank (West) - South Wharf SA2 speaks a language other than English at home, compared to 35.9% in the wider region.
How many people in the Southbank (West) - South Wharf SA2 identify as Australian Aboriginal?
0.4% of the the Southbank (West) - South Wharf SA2 population identifies as Australian Aboriginal, compared to 0.5% in the region.
What is the citizenship status of the population in the Southbank (West) - South Wharf SA2?
53.8% of the the Southbank (West) - South Wharf SA2 population holds citizenship, compared to 81.1% in the wider region.

Age StructureAge Profile of Southbank (West) - South Wharf

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The median resident of Southbank (West) - South Wharf is 32, younger than 88% of areas nationally. That is 1 year younger than at the 2021 Census. 50.7% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The demographic structure of Southbank (West) - South Wharf is predominantly weighted toward young adults prior to family formation. AreaSearch figures for August 2026 show 55.9% of residents situated in the 25 - 44 age cohort compared to 32.1% across Greater Melbourne, while children and young adults (0 - 24) account for only 20.4% locally versus 30.5% across the metropolitan area. The median age is estimated at 32 as at August 2026, down from 33 at the 2021 Census and sitting 5 years below the Greater Melbourne median of 37 and below the national median of 38 at that Census.

The proportion of young people aged 0 - 24 has expanded from 18.3% at the Census to an estimated 20.4%. Heading toward 2041, the 25 - 44 cohort is projected to see the largest absolute gain of 2,462 residents (54%) to reach 7,001, while mature adults and young retirees aged 45 - 64 will register the fastest percentage expansion, increasing 118% to 2,827 residents.

Frequently Asked Questions - Age

What is the median age in the Southbank (West) - South Wharf SA2?
AreaSearch estimates the median age in the Southbank (West) - South Wharf SA2 at 32 years as at August 2026. That is down from the 2021 Census figure of 33 years, with AreaSearch updating the age profile for population change recorded since the Census.
How does the Southbank (West) - South Wharf SA2's median age compare to broader areas?
At an estimated 32 years as at August 2026, Southbank (West) - South Wharf is 5 years younger than the Greater Melbourne 2021 Census average (37 years) and 6 years younger than the national Census average (38 years).
What age groups are over-represented in the Southbank (West) - South Wharf SA2?
On AreaSearch estimates updated to August 2026, the most over-represented age group in the Southbank (West) - South Wharf SA2 compared to the Greater Melbourne region is the 25 - 34 group, making up 36.2% of the population.
What age groups are under-represented in the Southbank (West) - South Wharf SA2?
On AreaSearch estimates updated to August 2026, the most under-represented age group in the Southbank (West) - South Wharf SA2 compared to the Greater Melbourne region is the 5 - 14 group, making up 3.6% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the Southbank (West) - South Wharf SA2 show significant variance compared to the Greater Melbourne region. The most over-represented age group is 25-34 year-olds (36.2% vs 16.4%). The most under-represented age groups are 5-14 year-olds (3.6% vs 11.8%) and 85+ year-olds (0.8% vs 2.1%).
What is the percentage of children (0-14 years) in the Southbank (West) - South Wharf SA2?
AreaSearch estimates children aged 0-14 years at 5.9% of the population in the Southbank (West) - South Wharf SA2 as at August 2026.
What is the percentage of older people (65+ years) in the Southbank (West) - South Wharf SA2?
AreaSearch estimates people aged 65 and over at 7.8% of the population in the Southbank (West) - South Wharf SA2 as at August 2026.

Data & MethodBoundaries, Sources & Method for Southbank (West) - South Wharf

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) Aug 2026 last month headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to Aug 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual Aug 2026 last month headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to Aug 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Aug 2026 last month headline measures · Jun 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 last month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily May 2026 4 months ago all 14 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 6 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 last month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 2 months ago headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 2 months ago all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 35 validated new addresses here. The headline figure is therefore a current estimate for Aug 2026, not a 2021 count (6,463 at the 2021 Census → 8,122 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to Aug 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (206041508). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

Why can the Southbank (West) - South Wharf SA2 boundary differ from the suburb boundary?
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (e.g., census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
Where does the data on this Southbank (West) - South Wharf page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Southbank (West) - South Wharf data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Aug 2026), property sales & rents (Aug 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to Aug 2026), age profile (to Aug 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas