Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
$788,000
For sale
Asking
2
Bedrooms
2
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$788,000
Asking
No recorded sale for this property.
Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
$47,998 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Southbank's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $683/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 4.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Melcorp Real Estate MelbourneAn exceptional opportunity to secure a premium residence within BLVD Southbank via nomination prior to settlement.
Positioned within one of Southbank's most highly anticipated luxury developments, this thoughtfully designed residence offers approximately 78sqm of total living space, comprising two bedrooms and two bathrooms. Designed to maximise space, natural light, and functionality, the apartment enjoys uninterrupted views across Melbourne's renowned Arts Precinct and the Royal Botanic Gardens, creating an ideal setting for both sophisticated owner-occupier living and long-term investment.
The residence showcases BLVD's timeless and understated interior design philosophy. Warm natural tones, refined materials, and textured finishes combine to create an elegant and calming living environment. Every detail has been carefully considered to deliver a home that is both functional and luxurious, allowing residents to personalise the space while enjoying a sense of comfort, quality, and tranquillity.
A landmark project by OSK Property, BLVD represents the next chapter following the outstanding success of Melbourne Square. Designed by the acclaimed team of COX Architecture, Carr, and TCL, the development embraces world-class design principles while establishing a new benchmark for lifestyle-focused living in Melbourne.
Demonstrating a strong commitment to resident wellbeing and sustainability, BLVD is among the first residential developments in Australia pursuing WELL Certification. The development incorporates innovative initiatives that promote healthier living through enhanced natural light, improved indoor air quality, wellness-focused amenities, and spaces designed to encourage social connection, physical activity, and mental wellbeing.
Residents will enjoy access to an unrivalled collection of lifestyle amenities, including the Level 8 Podium Club, featuring:
• Indoor swimming pool
• Sauna and wellness facilities
• Fully equipped gymnasium
• Residents' lounge
• Private cinema and karaoke room
• Golf simulator
Elevating the resident experience further is the exclusive Level 55 Skye Club, offering:
• Premium fitness facilities
• Cocktail lounge
• Private dining spaces
• Spectacular panoramic views across Melbourne
For those working remotely or operating flexible businesses, the Co-Quarter provides modern co-working facilities, private work pods, meeting rooms, and collaborative spaces designed to support today's evolving professional lifestyle.
This nomination sale presents a rare opportunity to secure a generously proportioned residence within one of Melbourne's most significant new developments before completion and settlement. Combining exceptional design, world-class amenities, wellness-focused living, and an unparalleled Southbank location, BLVD is poised to become one of Melbourne's premier residential addresses.
Property details: Approximately 78sqm, two bedrooms, two bathrooms.
The property is offered by way of nomination prior to settlement. The nomination, complimentary amenity pass, inclusions and settlement arrangements remain subject to the existing contract, developer approval and applicable terms. Prospective purchasers should obtain independent legal advice. Images are artist impressions and may depict upgrades, alternative layouts or shared facilities.
Listing description written by Hanns Yeh, Melcorp Real Estate Melbourne — reproduced as published, not verified by Districts.