Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
VIC › Southbank › Clarendon St
$420,000–$450,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
0
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
$420,000–$450,000
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.
$25,057 on top of the price (6.0% 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 8.5%. 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 Vicprop Melbourne CBDSky-high, stunning and superbly central, this elegant 2-bedroom apartment will energise you every day with breathtaking northerly views sweeping across the skyline. Venture downstairs and explore a sought-after Southbank neighbourhood on the cusp of the CBD. Take a short walk to sought-after South Melbourne Primary School, Crown, Woolworths, iconic South Melbourne Market, Southbank Promenade riverside attractions, and the CBD itself.
Spacious living and dining is framed by integrated cabinetry and floor-to-ceiling glass capturing northern light and the show-stopping city aspect outside. A stone-finished kitchen is driven by unmatched quality boasting a Fisher and Paykel dish-drawer and high-end Miele appliances including a wall oven and 4-burner gas cooktop. Set to impress 41 floors high in the sleek Shadow Play complex, substantially sized and robed bedrooms are serviced by a luxe bathroom with a fully tiled rainfall shower area and mirrored cabinetry.
Comprehensive features include a European laundry, study nook, ducted heating and cooling, double glazing, timber floorboards, textured curtains, and designer lighting. Developed by market leaders BPM with interiors by Hecker Guthrie, Shadow Play offers intercom entry, concierge, and two levels of resort-style facilities including a state-of-the-art gym, sauna, steam room, a heated pool, library, shared lounge/dining, and a BBQ terrace. Place this one on the top of your list!
Sky-high, stunning and superbly central, this elegant 2-bedroom apartment will energise you every day with breathtaking northerly views sweeping across the skyline towards the city. Place this radiant retreat on the top of your list!
* 2 large bedrooms with built-in robes, one with a study nook
* Spacious open-plan living and dining
* Stone-topped kitchen with premium Miele appliances
* Deluxe bathroom featuring floor-to-ceiling tiles
* Euro-style laundry
* Ducted heating and cooling
* Double glazing
* Recessed down-lighting
* Secure intercom entry
* Concierge
* Exceptional resort-style facilities
Nearby
* South Melbourne Market
* DFO South Wharf
* Southbank Promenade restaurants
* Melbourne Convention and Exhibition Centre
* Crown
* Clarendon Street shopping and cafes
* Multiple tram and bus routes
* The CBD and Southern Cross trains
* World-class universities
* Zoned to South Melbourne Primary School and Port Melbourne Secondary College
Listing description written by Jamie Fan, Vicprop Melbourne CBD — reproduced as published, not verified by Districts.
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