101/83 Whiteman Street, Southbank VIC 3006
101/83 Whiteman Street, Southbank VIC 3006
101/83 Whiteman Street, Southbank VIC 3006 is a 2-bedroom, 2-bathroom, 1-car apartment in a building completed in 2003 on a 2,931 m² lot. The property was listed for sale on 18 June 2026 as an apartment in Southbank.
2/2/1 on level 10 | 2003 build in mature Southbank | strong configuration for tenants | car space in high-density zone
This apartment’s 2-bedroom, 2-bathroom layout with a dedicated car space is competitively positioned within Southbank’s apartment stock, where many units trade with only one bathroom or no parking. Being on level 10 in a 2003-built tower offers a balance of established building quality and a floor height that typically provides better outlook and reduced street noise than lower levels. The configuration serves investors and owner-occupiers alike, with dual bathrooms and separate bedrooms appealing to professional sharers or small households seeking inner-city convenience. The building’s age places it in the early wave of Southbank high-rise development, which often means more generous floorplans and better soundproofing than some newer towers. This unit is best suited to buyers who prioritise functional space, secure parking, and rental demand over brand-new finishes.
The 2003 build age may mean original fixtures that could require updating, which may affect perceived value compared to newer stock. The apartment’s aspect and outlook are not confirmed, and a less favourable orientation could moderate its appeal relative to units with direct bay or city views. Building amenities and overall maintenance standards are unverified, and any known strata levies or special levies could influence holding costs. The property’s value is shaped by its floor level, configuration, and parking, but the absence of a confirmed renovation history means a buyer should factor in potential capital expenditure for kitchen or bathroom updates.
Detailed Independent Property Report prepared by PropCred Analyst team for 101/83 Whiteman Street, Southbank VIC 3006
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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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
2
Bathroom
2
Parking
1
Land
2931m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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