Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
$4,486,000
For sale
Asking
3
Bedrooms
3
Bathrooms
2
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
$4,486,000
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
$278,904 on top of the price (6.2% 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.
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 0.8%. 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 No Agent PropertyPhone enquiries - please call 1300 594 794 and quote property ID 40818.
Positioned high above Hoff Boulevard, the BLVD Penthouse Residences represent the ultimate pinnacle of Melbourne Square. This limited-edition collection offers a bespoke sanctuary in the sky, envisioned through an exclusive collaboration with renowned international interior architect David Hicks.
An East Meets West Design Narrative
Designed by David Hicks, these residences masterfully merge the tranquil, balanced minimalism of Japanese and Asian aesthetics with the grand, flowing proportions and streamlined planning of Manhattan’s finest multi-level estates. This "East meets West" approach creates an environment that is at once considered, relaxed, refined, and tactile.
Bespoke Architectural Expressions
Spanning commanding architectural footprints, each premium shell provides the flexibility for custom internal configurations, allowing for designs tailored to your specific lifestyle.
- Each residence features expansive living spaces anchored by dramatic main living voids and soaring ceiling heights in the private quarters.
- Interiors are finished with handcrafted Venetian plaster, custom-stained wide-format timber floorboards, and natural stone.
- Culinary suites feature state-of-the-art integrated appliances by Sub-Zero & Wolf, complemented by bespoke island benches featuring dynamic stone combinations.
- Every detail is curated for enduring quality, featuring elegant Astra Walker tapware and Duravit bathroom fixtures.
Exclusive Sky Club & Resort Amenities
Residents enjoy access to a world of exclusive luxury designed to nourish mind, body, and spirit:
- Level 55 Skye Club: An ultra-exclusive retreat featuring a private cocktail bar, a curated private dining room for up to 14 guests, and a state-of-the-art gymnasium set against panoramic CBD views.
- Level 8 Podium Club: A resort-inspired escape offering a 3,745m² green park, luxury swimming pools, sun-lit garden terraces, a private cinema/karaoke room, and a premium golf simulator.
Investment Opportunity
The BLVD Penthouse Collection offers a limited selection of luxury residences. Currently available units range in price from $4,461,000 for our refined three-bedroom sky homes, up to $12,950,000 for the premier four-bedroom flagship residence.
Construction is progressing steadily on-site:
- Main tower structural works have officially commenced, supported by two tower cranes progressively climbing as construction advances.
- Façade installation at the podium level has started alongside interior fit-out works across the podium floors.
- Settlements are due to start from late 2026, with full completion of the building expected in early 2028.
**Viewing strictly by appointment.**
Please contact us to book your private inspection and secure your entry into Melbourne's most elite private Penthouse Club.
(Note: Please contact us for the full schedule of available floor plans, internal square meterages, and pricing configurations.)
DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.
Listing description written by No Agent Property - VIC, No Agent Property — reproduced as published, not verified by Districts.
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