Solar Power Profile - Southbank, VIC 3006
More than 43 homes in postcode 3006 have solar panels installed, which includes the towns of Southbank and South Wharf.
In terms of solar power, collectively that's a whopping 1,405 kW of solar panels installed that are generating on average 5,053 kWh per day, or 1,844 MWh per year. This means the average solar-powered home in this area is saving $7,537.25 per year, which combined saves this community approximately $322,760.375 per year.
Southbank and 3006 are also doing their bit for the planet too because this amount of solar power has reduced the yearly carbon footprint for the area by 1,530.52 tonnes. To put this into perspective, that's the equivalent amount of yearly carbon dioxide captured and sequestered by 324,114 trees, or it's equivalent to 12,754,333 km worth of car emissions.
Solar Ranking
Postcode 3006
474th
State Wide
1864th
Australia Wide
Solar Power in Southbank
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* Data from The Bureau of Meteorology (BOM). Closest weather station to Southbank: Melbourne (olympic Park) - approx. 2.2 km
Featured Solar Installers Servicing Southbank
Solar Run Keysborough
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Community Solar Statistics - Southbank, 3006
Southbank Demographics
Southbank and the postcode of 3006 has a total population of 21126 people, with a median age of 31 years. There are 16660 households in Southbank, with an average of 1 people per bedroom. The average number of people per household is 1.8 with a median income of 1927 per week per household.
About 22% of homes in the area are homeowners who either own their home outright or have a mortgage. The median mortage repayment in Southbank is $1900/month. By installing solar power in Southbank, the average household could save 33.06% of their monthly mortage, resulting in approximately a $284084 saving over the lifetime of their loan, assuming they put the electricity savings toward their home loan, a $500,000 loan, with a 4% interest rate over 30 years. Electricy cost savings from an average solar system is approximately 7.52% of household income. Clearly, installing solar power in Southbank is a sensible thing to do financially and for the planet.
* Based on Australian Bureau of Statistics 2021 Data
About Southbank
SOUTH WHARF VIC 3006 is a bustling suburb located just south of Melbourne's central business district. It is a popular destination for tourists and locals alike, thanks to its many attractions and features. The suburb is home to the Melbourne Convention and Exhibition Centre, which hosts a variety of events throughout the year, including trade shows, conferences, and concerts. Other popular attractions in the area include the Polly Woodside maritime museum, the DFO South Wharf shopping centre, and the South Wharf Promenade, which features a variety of restaurants and bars.
When it comes to solar power, SOUTH WHARF VIC 3006 is an ideal location. The suburb enjoys plenty of sunshine throughout the year, with an average of 5.5 hours of sunshine per day. This makes it an excellent location for solar panel installation, as it allows for maximum solar yields. Additionally, the suburb's flat terrain and lack of shading issues make it easy to install solar panels at the optimal angle and orientation for maximum efficiency.
If you're looking to install solar panels in SOUTH WHARF VIC 3006, there are plenty of local solar installers who can help. These professionals can provide you with expert advice on the best solar panel systems for your needs, as well as handle the installation process from start to finish. By installing solar panels in SOUTH WHARF VIC 3006, you can enjoy lower energy bills, reduce your carbon footprint, and contribute to a cleaner, more sustainable future.