Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
For sale
For sale
2
Bedrooms
1
Bathrooms
1
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
No recorded sale price for this property yet.
Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Areal PropertyIn the heart of Southbank, steps from Crown Casino and the Yarra River promenade, this light-filled apartment delivers a connected lifestyle with everything you need within easy reach. With an outlook stretching towards the bay, it is an ideal city base for owner-occupiers and investors, complete with secure parking and a separate storage cage for everyday ease.
The open-plan living and dining zone flows to a generous balcony, creating an effortless indoor-outdoor extension for entertaining or unwinding. A functional kitchen is well positioned for daily use, while the two-bedroom layout offers genuine flexibility. Enjoy a true two-bedroom layout, with the flexibility to convert the second bedroom into a work-from-home space or retreat, ideal for those balancing work and lifestyle. The main bedroom also enjoys direct balcony access, adding a sense of space and flow.
Comfort and security are enhanced by heating and cooling, double-glazed windows and sliding doors, a modern bathroom, internal laundry, and video intercom entry. Residents also enjoy access to a swimming pool, bringing a resort-style edge to inner-city living.
From this prized location, Southgate dining, the Arts Precinct, the Melbourne Convention and Exhibition Centre, and the South Melbourne Market are all close by, with Clarendon Street's local shopping and cafés adding even more day-to-day convenience. Trams run at your doorstep into the CBD and down towards St Kilda, while Southern Cross and Flinders Street stations keep commuting, dining, and weekend plans seamlessly connected.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Andy Yuan, Areal Property — reproduced as published, not verified by Districts.
Also look at
U1903, 50 Haig St, Southbank VIC 3006
2-bed apartment. Asking $499K–$520K.
61-63 Haig St, Southbank VIC 3006
2-bed apartment. Asking $500K–$520K.
603/50 Haig St, Southbank VIC 3006
2-bed apartment. Asking $530K–$550K.
U1, 88 Wells St, Southbank VIC 3006
1-bed apartment. Asking $485K–$533K.