Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
VIC › Southbank › Southbank Blvd
For sale
For sale
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
No recorded sale price for this property yet.
Southbank at a glance
27,700
People
No data
Median sale
$683/wk
Median rent
No data
Suburb gross yield
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Osko Real Estate - TRUGANINA OSKO Real Estate Agency - TRUGANINAPositioned high on the 47th floor, Apartment 4706/70 Southbank Boulevard, Southbank presents an exceptional opportunity for investors seeking strong rental returns and an ideal Airbnb investment in one of Melbourne's most vibrant lifestyle precincts.
This stylish one-bedroom, one-bathroom apartment offers modern low-maintenance living combined with unbeatable convenience and breathtaking city surroundings. Designed with comfort and functionality in mind, the apartment features a well-appointed layout, contemporary finishes, and an abundance of natural light flowing throughout the space.
The open-plan living and dining area seamlessly connects to a modern kitchen fitted with quality appliances and sleek cabinetry, creating a sophisticated inner-city residence perfect for short-term accommodation or long-term leasing. The spacious bedroom is complemented by a modern bathroom and a thoughtfully designed floorplan that maximises space and comfort.
Residents also enjoy access to premium building amenities including a fully equipped gymnasium, indoor swimming pool, and relaxing sauna facilities - adding further appeal for both owner-occupiers and short-stay guests seeking a luxury lifestyle experience.
Located in the heart of Southbank, this premium address places residents and guests within walking distance to Crown Entertainment Complex, Melbourne CBD, South Melbourne Market, world-class restaurants, cafes, public transport, riverside promenades, and major lifestyle attractions. Its unbeatable location makes it highly appealing for Airbnb guests, city professionals, and tenants alike.
Whether you are looking to expand your investment portfolio or secure a high-performing short-stay opportunity, this apartment delivers the perfect combination of location, lifestyle, and impressive income potential.
Key Features:
One spacious bedroom and one modern bathroom
Excellent Airbnb and rental return potential
Positioned on the 47th floor with stunning surroundings
Open-plan living and dining area
Contemporary kitchen with quality finishes
Access to pool, gym, and sauna facilities
Premium Southbank location close to CBD attractions
Ideal low-maintenance investment opportunity
Walking distance to transport, restaurants, cafes, and entertainment precincts
An outstanding opportunity to secure a premium investment in one of Melbourne's most sought-after locations.
📞 For private inspections or more information, contact Hina on 0481 228 433 or Dalbir on 0434 067 098
Photo ID must be presented upon all inspections.
**Photos for illustrative purposes only**
Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Listing description written by Hina Hemnani, Osko Real Estate - TRUGANINA OSKO Real Estate Agency - TRUGANINA — reproduced as published, not verified by Districts.
Also look at
43/106 Southbank Blvd, Southbank VIC 3006
3-bed apartment. Asking $870K–$920K.
95/88 Southbank Blvd, Southbank VIC 3006
3-bed apartment. Asking $790K–$860K.
U2802, 70 Southbank Blvd, Southbank VIC 3006
1-bed apartment. Asking $390K–$429K.
7301/70 Southbank Blvd, Southbank VIC 3006
3-bed apartment. Asking $1.7M–$1.8M.