2707/45 Clarke Street, Southbank VIC 3006
2707/45 Clarke Street, Southbank VIC 3006
2 bed apartment with premium bay views|Floor-to-ceiling windows|27th floor position|59sqm inner-city layout. This two-bedroom apartment suits young professionals or couples drawn to lock-up garage living and waterfront proximity in a high-rise tower. Its compact 59sqm floorplan delivers efficient space for everyday use, maximised by double-glazed floor-to-ceiling glazing that frames expansive views over Albert Park Lake and Port Phillip Bay. Positioned on the 27th floor, it stands out from lower levels in the same Clarke Street complex, offering quieter elevation and reduced street noise amid Southbank’s dense urban cluster. Young renters and downsizers typically target these units for the seamless blend of 24-hour concierge security and ground-floor Woolworths access, just 600m from the Yarra’s trails. Similar high-floor apartments in the building and nearby towers hold steady rental appeal, reflecting demand from the suburb’s 78 percent under-40 demographic. The flood overlay noted on records tempers some buyer interest, yet the lack of heritage constraints or cladding issues supports reliable upkeep costs. Long-term, its views and proximity to dining, sports precincts, and cultural hubs underpin holding value, as Melbourne’s inner-south liveability draws consistent professional inflows. Tandem parking options nearby further align it with dual-income households prioritizing convenience over expansive grounds.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Southbank is one of MelbourneΒs primary high-density residential precincts located immediately south of the CBD. Demand is largely driven by investors, professionals, and international buyers seeking proximity to employment, entertainment, and university precincts. Property prices have experienced periods of volatility due to the large supply of apartments, though demand remains consistent due to the areaΒs central location. The suburb offers premium lifestyle amenities including the Yarra River promenade, Crown precinct, and arts and cultural venues.