Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
VIC › Southbank › New Development
$669,000–$745,000
For sale
Asking range
1
Bedrooms
1
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
$669,000–$745,000
Asking range
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
Based on the low end of the asking range, not a contract price.
$40,580 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.
Based on the low end of the asking range, not a contract price.
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 5.3%. 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
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 Red & Grey Realty*Please be advised that some lots/units may need confirmation of pricing and availability. Kindly ensure to check pricing and availability first by emailing or phoning us*
Please check limited Promotion on select apartments and enquire which is applicable to your preferred apartment
A New Standard in Artistic Luxury Living
Where architectural brilliance meets refined living, this exceptional residential address redefines what it means to live well. Designed with precision, passion, and an unwavering commitment to quality, this landmark development introduces a sophisticated collection of one, two, and three-bedroom residences across 18 beautifully curated levels.
Every detail has been considered. Every space, purposefully designed. The result is a seamless fusion of artistic inspiration and modern elegance.
Positioned at the Heart of Culture & Connection
Perfectly placed within Melbourne’s renowned Arts Precinct, residents are immersed in a world where creativity, nature, and city energy coexist effortlessly.
Step outside and find yourself moments from iconic cultural institutions, riverside promenades, and lush green escapes. Whether it’s a morning walk along the Yarra River, an afternoon at the gallery, or an evening of fine dining and theatre, this is a lifestyle defined by choice, vibrancy, and sophistication.
Designed for Elevated Everyday Living
Each residence has been thoughtfully crafted to maximise natural light, enhance space, and capture sweeping city vistas. Interiors balance functionality with refined design, creating homes that feel both expansive and intimate.
Choose between two distinct interior collections:
- Contemporary Collection – Clean lines, neutral palettes, and a minimalist aesthetic that celebrates light and openness
- Timeless Collection – Rich textures, elegant finishes, and a sense of enduring sophistication
Both styles offer light and dark colour schemes, allowing you to personalise your home to reflect your individual taste.
Residences That Redefine Comfort & Craftsmanship
From intelligently designed one-bedroom apartments to expansive two and three-bedroom residences, each home delivers a heightened level of comfort and design excellence.
- Designer kitchens with premium appliances and natural stone finishes
- Seamless indoor-outdoor flow with generous balconies
- Purpose-built joinery and refined material palettes
- Spacious bedrooms designed for rest and retreat
The premium collection elevates this further, featuring:
- Monolithic stone island benches and bespoke detailing
- Double vanity ensuites and luxurious bathroom finishes
- Fully integrated appliances and expansive storage solutions
- Secure dual car parking for select residences
A Collection of World-Class Amenities
Beyond your front door lies a suite of amenities designed to enrich every moment:
- Expansive outdoor terrace with alfresco entertaining spaces
- Private dining room and chef’s kitchen for hosting
- Architecturally designed infinity pool with panoramic city views
- Fully equipped gymnasium
- Dedicated art exhibition space
Whether entertaining guests or enjoying quiet moments of retreat, every space has been created with intention.
Concierge Living, Redefined
Experience a level of service that transforms everyday living into effortless luxury. The dedicated concierge is available seven days a week to assist with:
- Move-in coordination
- Parcel and delivery management
- Booking services and lifestyle arrangements
- Resident events and personalised requests
This is not just convenience — it’s a curated living experience.
Where Lifestyle Becomes Art
This is more than a residence. It is a statement of design, a celebration of culture, and a sanctuary of comfort.
A place where every detail has been considered, every finish refined, and every moment elevated.
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Welcome to a life of timeless sophistication.
Disclaimer:
Please check limited Promotion on select apartments and enquire which is applicable to your preferred apartment
All images, floor plans, and price information are provided as a guide only and are subject to change without notice. Illustrations and visual representations may include upgraded finishes, furnishings, and features that are not part of the standard inclusion.. Prices are correct at the time of publication and are subject to availability and change. Interested parties must confirm availability, pricing, and specifications with Red & Grey Realty prior to making any purchase decision. Red & Grey Realty does not guarantee the accuracy of information provided by third parties and recommends that all buyers conduct their own due diligence. This information does not constitute legal, financial, or investment advice.
Property Code: 254
Listing description written by Kim Robinson, Red & Grey Realty — reproduced as published, not verified by Districts.
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