Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
$470,000–$500,000
For sale
Asking range
1
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
$470,000–$500,000
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.
$28,174 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.
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 7.6%. 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 Vicprop Melbourne CBDDriven by resort-calibre luxury, this sleek 1-bedroom apartment will instantly inspire with spectacular views, a full-sized study, and a peaceful South Melbourne precinct on your doorstep. Explore Royal Botanic Gardens greenery, Albert Park Lake, the lively arts precinct, iconic South Melbourne Market, Domain Road fine dining, a popular cafe next door, Anzac trains, and multiple tram routes to the city or a bay beach.
Roomy open-plan living and dining is filled with light, underscored by a stone-finished kitchen graced with a breakfast bar, a Fisher and Paykel dish-drawer, and premium Bosch appliances including a 4-burner gas cooktop. Set on the 9th floor inside the plush Kings Domain complex, connect with a northeast-facing winter garden showcasing louvred windows and a breathtaking backdrop sweeping over the skyline towards the city. A large study shares the spectacular aspect, perfect for students, while providing a professional solution to working from home. The generously sized bedroom comes with mirrored built-in robes and private access to a north-facing balcony with open views of soaring Southbank.
Take advantage of secure car parking, a storage cage, fully tiled bathroom, European laundry, split-system heating and cooling, double glazing, double roller blinds, lightly toned timber flooring, and recessed down-lighting. Kings Domain stands out with intercom security, a building manager, and exclusive access to a wine lounge with a walk-in cellar, cinema with a bar, shared lounge/dining, BBQ terrace, a games room, well-equipped gym, and a showpiece swimming pool with an indoor/outdoor poolhouse. First home buyers, astute investors and those searching for a lock-and-leave city base will all appreciate the value. Discover Kings Domain today!
Driven by resort-calibre luxury, this sleek 1-bedroom apartment will instantly inspire with spectacular views, a full-sized study, and a peaceful South Melbourne precinct on your doorstep. Secure your first home or purchase a high-return investment today!
* 1 large and sunlit bedroom with mirrored built-in robes and a north-facing balcony
* Spacious open-plan living and dining
* Stone-finished kitchen with Bosch appliances
* Large study, ideal for students or working from home
* Luxe bathroom featuring floor-to-ceiling tiles
* European laundry
* Enclosed balcony/winter garden attracting natural light
* Split-system heating and cooling
* Double glazing
* Day/night roller blinds
* Timber flooring
* Recessed LED down-lighting
* Exemplary resort-style facilities
* Secure car parking plus a storage cage
Nearby
* Royal Botanic Gardens
* Woolworths Park Street
* South Melbourne Market
* Albert Park Lake
* Neighbouring cafes and restaurants
* Sturt Street, Park Street and St Kilda Road trams
* Anzac Railway Station
* The Arts Precinct
* Melbourne Grammar and Mac.Robertson Girls’ High School
* Zoned to South Melbourne Park Primary School and Prahran High School
Listing description written by Jamie Fan, Vicprop Melbourne CBD — reproduced as published, not verified by Districts.
Also look at
U1805, 70 Dorcas St, Southbank VIC 3006
2-bed apartment. Asking $750K.
U2303, 60 Dorcas St, Southbank VIC 3006
4-bed apartment. Asking $3.2M–$3.4M.
56-60 Dorcas St, Southbank VIC 3006
2-bed apartment. Asking $959K.
U901B, 58-66 Dorcas St, Southbank VIC 3006
2-bed apartment. Asking $596K.