2011/105 Clarendon Street, Southbank VIC 3006
2011/105 Clarendon Street, Southbank VIC 3006
Level 20 city-view apartment | 2-bed, 1-bath high-rise | Open-plan with floor-to-ceiling windows | Strong rental demand in Southbank | Investor or professional buyer fit
This apartment occupies a strong position in a modern Southbank tower, with its upper-level orientation and floor-to-ceiling windows delivering the kind of outlook that distinguishes it from lower-floor stock in this precinct. The open-plan living and dining layout is well-suited to professionals or downsizers who prioritise light and views over internal square footage. Southbank’s high-rise market is dominated by compact investor-oriented dwellings, so a 2-bedroom unit on Level 20 with city-facing positioning sits within the more desirable tier of local stock. Rental demand in this corridor is solid, and the configuration appeals to both owner-occupiers seeking a lifestyle address and investors chasing tenant appeal.
The single bathroom and likely absence of a car space may constrain the price ceiling compared to better-configured units in the same building, where a second bathroom and parking have commanded materially higher sale and rental figures. Buyers should weigh whether the view premium and upper-floor position compensate for these omissions, as the unit’s value is more dependent on outlook than on amenity count. The building’s age and specific finish quality are not confirmed, so a physical inspection is needed to assess whether the interiors match the marketing language. A price in the lower part of the guide range may offer better value if the apartment lacks the upgrades that typically define premium stock in this tower.
Detailed Independent Property Report prepared by PropCred Analyst team for 2011/105 Clarendon Street, Southbank VIC 3006
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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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
1
Parking
-
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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