Median priceⓘLast 12 months
—k
South Wharf's housing market is small — only a handful of recent activity, with 3 leases at $920 a week, renting out in about 33 days.
Unit sales follow, with 2 sales at around $748K, taking about 60 days to sell.
Who lives hereA mostly-renter, family-oriented suburb — apartment-dominated.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
11% report Scottish ancestry, but only 0.0% were born in Scotland — the gap is the Australian-born and diaspora Scottish community, invisible in birthplace alone.
A fast-growing, recent-arrival migrant gateway.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.1× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
No school inside South Wharf itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
How settled or transient the community is — and where newcomers came from.
Headline price, rent, yield and time on market for South Wharf — choose a property type and size below.
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Eight diagnostic views cutting the data a different way each time — South Wharf in blue, peers in colour.
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Every market within reach of South Wharf, ranked by distance — each compared against this suburb's Houses · Total segment so divergence reads at a glance.
12 data-driven answers about South Wharf's property market — every one computed from the metrics above.
The median unit price in South Wharf, VIC 3006 is $748k as of June 2026, based on 2 sales over the past 12 months.
Gross rental yield in South Wharf is 6.40% for units as of June 2026, compared with the VIC unit median of 5.12%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
As of June 2026, South Wharf medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Units | — | $804k | — | — | $748k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
. Units sit at 4.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
The most-transacted segment in South Wharf over the 12 months to June 2026 is 2 bed units with 1 sales. The 'Most popular' panel above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
South Wharf recorded 0 house sales and 2 unit sales over the 12 months to June 2026 — a combined 2 transactions. On the rental side, 0 houses and 3 units were leased. Segments with statistically thin samples are excluded from displayed figures.
South Wharf, VIC 3006 is home to 71 residents (ABS Census 2021). The median resident age is 34, and the average household holds 2.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
The median household in South Wharf earns $3k per week — roughly $149k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
South Wharf tilts towards renters: about 30% of households are owner-occupiers and 61% rent (ABS Census 2021). Of owners, 13% own outright and 17% are paying off a mortgage.
South Wharf has 60 schools within reach — including South Melbourne Primary School, Montague School, Victorian College Of The Arts Secondary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
South Wharf, VIC 3006 has a population of 71, a median age of 34, a median household income around $3k/week, 61% of households renting (ABS Census 2021). There are 60 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
This South Wharf market data was last updated June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.
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