1602/81 City Road, Southbank VIC 3006

High-floor city skyline views | 64sqm internal floorplan | Southbank premium pocket | investor-owner crossover appeal This unit’s 64 square metre floorplan is notably larger than the typical one-bedroom in Southbank, where many new stock squeezes below 50 square metres. That extra space, combined with a high-floor position and unobstructed skyline outlook, creates a genuine configuration edge in a suburb where buyers increasingly prioritise liveable layouts over mere location. The property sits in a well-managed complex with no overlay risks, and the 2018 purchase history suggests the current guide reflects measured vendor expectations. It suits an owner-occupier seeking a genuine home rather than a compact pied-a-terre, or an investor targeting the premium end of the rental market where larger units command better yields and lower vacancy risk. The primary risk is the Southbank unit market’s current softness , 38 per cent auction clearance and 47 average days on market indicate buyers are selective, so resale may require patience. The absence of parking and confirmed study area narrows appeal to car-free professionals, which is a deliberate trade-off rather than a flaw. The rental history confirms strong tenant demand for this configuration. Hold for medium-term capital growth as the suburb’s demographic skew toward younger professionals supports consistent rental demand; refinance after two years to extract equity if values lift with the cycle.