Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
$770,000–$820,000
For sale
Asking range
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
$770,000–$820,000
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.
$46,876 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.
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 4.6%. 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 Jeena & Saacs Real EstateOne of very few north-facing double terrace apartments in Southbank's most popular low-rise complex, these first floor apartments very rarely come on the market.
Step into a home where style and space come together effortlessly. This fully renovated residence delivers a refined, modern feel, enhanced with natural light and a peaceful, leafy outlook alongside captivating inner-city skyline views, all from the comfort of your own private retreat.
Beautifully proportioned and thoughtfully designed, every element of this home has been upgraded to offer a seamless blend of luxury and functionality.
ACCOMMODATION
The expansive open-plan living and dining area is bathed in natural light, creating a warm yet sophisticated atmosphere.
Elegant French doors open to an oversized, north-facing balcony-perfect for alfresco dining or simply soaking in the tranquil, tree-lined surrounds.
At the heart of the home, the stunning kitchen has been custom-designed with both beauty and practicality in mind. Featuring sleek white gloss cabinetry, subway tile splash back, quality appliances including a new oven, cooktop and range hood, soft-close cabinetry and a generous pantry, it's a space that will impress any home chef.
The beautifully appointed central luxurious bathroom is finished to a high standard with floor to ceiling tiles, showcasing a floating vanity with stone basin and bench top, a frameless walk-in shower, and a statement LED-lit mirror.
Two generous queen-sized bedrooms, both with built-in robes.
The second bedroom enjoys direct access to a substantial rear terrace-an exceptional space for entertaining or relaxing outdoors.
A European laundry with added storage and bench space, along with a separate powder room, enhances everyday convenience.
FEATURES
• Secure undercover car space
• Two oversized outdoor areas, including terrace with water tap
•New carpets and ceiling fans in both bedrooms
• Hybrid Blackbutt flooring through living areas and hallway
• All-new LED lighting in living and kitchen zone
• Enjoy resort-style facilities, including a floodlit tennis court, solar heated swimming pool, spa, gym, and beautiful landscaped gardens.
Positioned in the heart of Melbourne's prestigious Arts precinct, it is just moments from the Royal Botanic Gardens, Yarra River, Arts Centre, and Melbourne CBD.
CONTACT THORAYA JEENA 0481 22 66 88 YOUR TRUSTED TOORAK AGENT FOR FURTHER INFORMATION
(Although every care has been taken in the preparation of the information above, we stress particulars herein are for information purposes only, and do not constitute representation by the Owner or the Agent.)
DUE DILIGENCE CHECKLIST https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence
Listing description written by Thoraya Jeena, Jeena & Saacs Real Estate — reproduced as published, not verified by Districts.
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