1911/45 Haig Street Southbank VIC 3006
1911/45 Haig Street Southbank VIC 3006
High floor | 150 sqm | three bedroom | Southbank edge
The property’s competitive strength lies in its rare combination of genuine three-bedroom floorplan and 150 square metres of internal space, a configuration that is increasingly scarce in Southbank’s apartment stock. For a buyer seeking a permanent home or a long-term hold in a well-located precinct, this unit offers the spatial advantage of a house within a managed building. Its high-floor position at level 19 provides outlook and separation from street noise, serving professionals, downsizers, or families who prioritise room count and area over proximity to ground-level amenity. The off-market status suggests a patient seller, which may favour a buyer who can move without a concurrent sale.
The primary risk is the absence of recent sales evidence for this exact unit, meaning valuation relies on smaller comparables and one nearby three-bedroom transaction. The flood overlay on the site adds a due diligence cost for insurance and resale perception, though no heritage or bushfire constraints apply. Parking availability via lease rather than title may reduce long-term capital appeal for some buyers. The opportunity lies in negotiating from a position of low market exposure, using the 150 sqm size and three-bedroom count as differentiators against smaller units in the same building. Hold this property as a primary residence or a core portfolio unit; its size and floor plan will retain demand when smaller apartments do not.
Detailed Independent Property Report prepared by PropCred Analyst team for 1911/45 Haig Street Southbank VIC 3006
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
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
2
Land
2349m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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