Read this before you plan your budget. The cost guide below is a rough guide only. It is based on the middle rent for all of Victoria. It is not the rent for this suburb. Rents change a lot inside one city. A suburb near the centre can cost twice as much as a suburb further out. It does not tell you the price of any room, studio or apartment.
Get the real number for your postcode. Use the official rent data before you agree to anything: Rental report — Victorian Government. This is real data from your state government. It is free. It shows the rent for the exact postcode you enter.
Studying in Southbank, VIC
39 courses are taught here by 9 registered schools, across postcode 3006.
Average cost for Australia. Sharing a house is comfortable. A studio or one-bedroom is possible, but it will use a large part of your budget.
The scale compares Australian states: $ cheaper, $$ medium, $$$ expensive, $$$$ most expensive. Source: ABS — Latest insights into the rental market, April 2025.
What this place is like to study in
Southbank has 9 schools teaching here. That is enough choice to compare options, but it is not a busy city-centre study area. Course fees here are close to the national average.
We calculate this description from the CRICOS register: the number of schools, the course levels and the registered fees. It describes study only. To learn about rent, transport and daily life here, talk to current students and ask your school.
What level people study here
| Level | Courses | Share |
|---|---|---|
| Vocational (VET) | 39 | 41% |
| Postgraduate | 39 | 41% |
| Undergraduate | 12 | 13% |
| School | 2 | 2% |
| Other | 2 | 2% |
Finding somewhere to live
Most international students choose one of four options. From cheapest to most expensive:
- A room in a shared house. The most common choice. In expensive cities it is often the only affordable option.
- Student accommodation. Buildings made for students, usually near campus.
- Homestay. You live with an Australian family.
- Your own studio or one-bedroom apartment. The most expensive option.
Two things to know before you sign a lease. First, the bond is usually four weeks of rent. A government office holds it, not the landlord. You get it back at the end. If someone asks you to pay a bond in cash directly to them, this is a warning sign.
Second, you usually cannot inspect a property from overseas. Book two to four weeks of temporary accommodation first. Then look at properties in person. This avoids the most common and most expensive mistake students make.
Your school's accommodation office is the best place to start. It is free. They know the area and often keep a list of checked properties.
Every course taught here
- A$10,4406 mo · A$20,880/yr
- A$10,4406 mo · A$20,880/yr
- A$12,0406 mo · A$24,080/yr
- A$16,0001 yr · A$16,000/yr
- A$20,8801 yr · A$20,880/yr
- A$20,8801 yr · A$20,880/yr
- A$20,8801 yr · A$20,880/yr
- A$20,8801 yr · A$20,880/yr
- A$25,0001.8 yr · A$13,542/yr
- A$29,25511 mo · A$33,071/yr
- A$30,0001 yr · A$30,000/yr
- A$31,1361 yr · A$29,983/yr
- A$36,1201.5 yr · A$24,080/yr
- A$36,1201.5 yr · A$24,080/yr
- A$36,8322 yr · A$18,416/yr
- A$50,7201 yr · A$50,720/yr
- A$50,7201 yr · A$48,841/yr
- A$50,7201 yr · A$48,841/yr
- A$50,7201 yr · A$50,720/yr
- A$52,9481.5 yr · A$35,299/yr
- A$60,6101.5 yr · A$40,407/yr
- A$71,1762 yr · A$35,588/yr
- A$71,1762 yr · A$35,588/yr
- A$72,2403 yr · A$24,080/yr
- A$78,6161.5 yr · A$52,411/yr
- A$78,6161.5 yr · A$52,411/yr
- A$90,2502 yr · A$45,125/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$106,5122 yr · A$53,256/yr
- A$235,3924 yr · A$58,848/yr