Suburb Profile

South Brisbane Buyers Agent’s Guide

Are you looking to purchase a home or investment property in South Brisbane? As a South Brisbane Buyers’ Agent we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your South Brisbane property purchase!

South Brisbane Suburb Profile

South Brisbane is one of Brisbane’s most vibrant inner-city suburbs, located just 1.6 km south-west of the CBD on the southern bank of the Brisbane River. Bordered by West End, Highgate Hill, Woolloongabba, and Kangaroo Point, the suburb blends historic charm with cutting-edge urban renewal.

Once Brisbane’s original port and industrial district, South Brisbane was transformed by World Expo ’88, which paved the way for the creation of the South Bank Parklands, Queensland Performing Arts Centre (QPAC), Queensland Museum, and the State Library of Queensland. Today, the area is recognised as one of Brisbane’s premier lifestyle and cultural destinations — a walkable, high-density precinct characterised by restaurants, entertainment, and premium apartment living.

According to the ABS, South Brisbane had a population of 14,292 in 2021, representing an extraordinary 98.6% increase since 2016. The suburb’s predominant age group is 20–29 years, reflecting its popularity among young professionals, students, and inner-city tenants.

Key statistics:

  • Households: 58.4% childless couples; 24.7% couples with children.
  • Occupations: 37.6% professionals, 12.7% managers, 12.2% community and personal service workers.
  • Education: 38.5% hold bachelor degrees; 17.4% postgraduate qualifications.
  • Ownership: 27.4% owner-occupied (2021).
  • Median household income: Skews toward the upper brackets, with 27.8% earning $78K–$130K and 16.3% exceeding $182K per annum.

South Brisbane offers some of Brisbane’s finest dining and entertainment options.

  • South Bank Parklands – a 17-hectare riverside park featuring Streets Beach, cafes, and weekend markets.
  • Grey Street & Little Stanley Street – lined with acclaimed restaurants and wine bars.
  • Fish Lane Precinct – a laneway hub of award-winning restaurants, bars, and boutique galleries.
  • Queensland Cultural Centre – home to QPAC, the Queensland Museum, State Library, and the Queensland Art Gallery & Gallery of Modern Art (QAGOMA).

The area thrives day and night, attracting both locals and tourists seeking culture, dining, and riverside relaxation.

There are many options for residents to get to the Brisbane CBD, which is just across the river. City Cats depart from the Southbank Parklands and take a few minutes to get to the other side of the river. Busses and trains can also take residents to the CBD. A short picturesque walk across one of the inner city bridges: Victoria Bridge, Goodwill Bridge, or Kurilpa Bridge.

The area is home to a number of great private and public schools including St Laurence’s College, St Joseph’s Primary School, Somerville House, the highly desirable Brisbane State High School and West End State School.

Despite the inner-city location, the suburb has quite a few parks and green spaces with the South Bank Parklands being the most popular and offering walking and cycling paths along the Brisbane River as well as swimming at the man-made Streets Beach. The parklands also have BBQ and picnic areas.

Local employment is dominated by education, health, tourism, and government sectors:

  • Queensland Health (Mater and Queensland Children’s Hospitals)
  • Queensland Performing Arts Centre (QPAC)
  • Griffith University and TAFE Queensland
  • Brisbane Convention & Exhibition Centre
  • Retail, hospitality, and tourism businesses throughout the South Bank precinct

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South Brisbane Properties

Units located closest to the Brisbane River and those offering city and river views are most desirable.

Traffic noise can be an issue for properties close to major thoroughfares including Grey Street, Merivale Street, Cordelia Street, Vulture Street and Melbourne Street. Buyers should check the Brisbane City Council Flood Maps, as a large part of the suburb is susceptible to flooding and was inundated during the 2011 floods.

Housing type and typical block size

The vast majority (over 96%) of properties in South Brisbaneare units. Newer multistorey complexes with city views and a range of amenities, including rooftop pools, gyms, BBQ areas, movie rooms, libraries and wine cellars appeal to young professional couples working in the city.

What can my money buy in South Brisbane?

South Brisbane House Prices

The median house price in South Brisbane is $1.03 million

Houses are scarce — accounting for less than 1% of total dwellings making statistical analysis difficult.  At time of publication (November 2025) there were no recent sales at the median price point.

South Brisbane Unit Prices

The median unit price in South Brisbane is:$845,000 (November 2025)

This amount would typically buy a 2 bedroom, 2 bathroom, 1 garage unit. For example: 4/72 Cordelia Street, South Brisbane, Qld 4101 sold for $850,000 in October 2025 (click to view listing and see images below)

How has the South Brisbane property market been performing?

RP Data reports strong long-term growth, particularly in the unit sector:

– House values: Up ~5% year-on-year to $1.03M (Sep 2025).

– Unit values: Up ~17% year-on-year to $845K (Sep 2025).

Population growth, infrastructure investment, and limited land supply underpin ongoing capital performance.

Supply and demand characteristics for South Brisbane

Houses:

  • Extremely limited market — only 0.05% stock on market, negligible vacancy (0.13%), and yields around 2.4%.

Units:

  • Active and balanced — 1.42% stock, strong 5.6% yields, 61% auction clearance rate, and above-average online engagement.

Despite slightly elevated vacancy (3.5%) from high-density stock, buyer and tenant demand remains robust.

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