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VIC › Southbank › Sturt St

1804/152 Sturt St, Southbank VIC 3006

For saleApartment

$13,081,804

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $13,081,804 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $13,081,804(Listing record · 24 June 2026)
  • CalculationIf it leased at Southbank's advertised median rent ($683/wk), implied gross yield would be 0.27% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$13,081,804

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

See the full Southbank report →

Total cost to purchase

Purchase Price
$13,081,804
Stamp Duty (Victoria)
$830,317
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$13,919,435

$837,631 on top of the price (6.4% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Southbank's advertised median rent — not a rent for this listing.

Net yield
-1.23%
Annual cashflow (pre-tax)
$-840,965
Interest cover (DSCR)
-0.24
Annual rent
$35,516
Operating expenses
$196,227
Loan amount
$10,465,443
Annual interest
$680,254
Gross yield
0.27%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$13,081,804available24 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.3%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Southbank in one glance

Southbank at a glance

27,700

People

No data

Median sale

$683/wk

Median rent

No data

Suburb gross yield

See the full Southbank report →

Keep researching

  • Why Southbank? Read the area thesis →
  • What else is on the market in Southbank →
  • Other records on Sturt St →

Listing material

Listed by Jalin Realty

FROM $575,000

Ready to Move In Immediately!

Enjoy the best of inner-city living from this stylish 2-bedroom, 2-bathroom apartment with secure car parking, perfectly positioned within the sought-after Guild Apartments in the heart of Southbank.

Beautifully maintained and presenting like new, this move-in ready residence offers an outstanding opportunity for buyers seeking a quality city home, smart investment or easy lock-and-leave base in one of Melbourne's most connected lifestyle locations.

Read the full description

Designed for comfort and everyday functionality, the apartment features a bright open-plan living and dining area flowing onto a private balcony, creating an inviting space to relax, entertain or enjoy the surrounding outlook. The kitchen is neatly integrated into the living zone and appointed with stone benchtops, quality appliances and generous storage.

Both bedrooms are well-proportioned and filled with natural light, with the main bedroom enjoying its own private ensuite. A second modern bathroom adds further convenience, making the layout ideal for professionals, couples, shared living or investors.

Additional features include secure car parking, European laundry, heating and cooling, roller blinds, quality flooring and contemporary finishes throughout.

Residents of Guild enjoy access to a premium range of facilities, including a fully equipped gym, indoor lap pool, steam room and rooftop BBQ terrace, along with secure entry and building management for added peace of mind.

Surrounded by Southbank's vibrant lifestyle attractions, the apartment is moments from Melbourne Square Woolworths, the Royal Botanic Gardens, Southbank Promenade, the Arts Centre, NGV, Crown, cafés, restaurants, tram connections and Melbourne CBD.

The owner is highly motivated to sell and is ready to meet the market. All genuine offers will be submitted for consideration on or before the closing date, with the property available to be sold prior.

Whether you are buying your first home, expanding your investment portfolio or securing a premium inner-city base, this is a compelling opportunity not to be missed.

Genuine seller. Highly motivated. Ready to sell !

(PHOTO ID REQUIRED AT OPEN HOUSE)

NOTE: Link for Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All dimensions, sizes & layout are approximate and for illustrative purposes only. The producer or agent cannot be held responsible for any errors, omissions or misstatements.

Listing description written by Adrian Chen, Jalin Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Living Areas: 1
  • Pool

Also look at

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.