3207/1 Freshwater Place, Southbank VIC 3006
3207/1 Freshwater Place, Southbank VIC 3006
Larger than standard one-bedroom|car park included|premium tower amenities|flood overlay noted
A larger than typical one-bedroom apartment is presented here, with a car space that is rare in this segment. Premium building amenities and a furnished interior make it well suited to executive renters or owners seeking low-maintenance city-fringe living. Walkability to the CBD, gardens, and cultural district is a noted convenience that adds to its everyday appeal.
The flood overlay may be a factor in insurance costs or buyer perception. Body corporate fees might be a consideration for ongoing holding expenses. Price assessment should be guided by the building’s quality and the scarcity of one-bedroom apartments with parking in this tower.
Detailed Independent Property Report prepared by PropCred Analyst team for 3207/1 Freshwater Place, Southbank VIC 3006
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Market Insight:
Southbank is a central Melbourne unit-dominated market with strong connectivity, where investor-driven demand for apartments underpins a stable rental environment. Recent price trends reflect a softening market with moderate sales velocity, indicating a period of price adjustment. Future growth is linked to its established infrastructure, though key risks include the potential for oversupply and sustained price sensitivity in the unit segment.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
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