2701/109 Clarendon Street, Southbank VIC 3006
2701/109 Clarendon Street, Southbank VIC 3006
27th-floor apartment | 2010-built tower | likely river or skyline aspect | strong rental demand profile | flood overlay flagged
This apartment sits within a well-regarded Southbank tower built in 2010, offering a high-rise position that likely provides city, river, or skyline views from the 27th floor. The building includes amenities such as a gym and meeting rooms, and the unit itself is expected to feature split heating and cooling, a European laundry, modern finishes, and a balcony—consistent with the upper-mid-range apartment stock in this corridor. Southbank’s apartment market is dominated by compact investor-grade units, so a larger two-bedroom configuration with a car space and strong amenity would stand out, appealing most to owner-occupier professionals or couples who prioritize walkability to the CBD, Crown, and South Melbourne Market.
The flood overlay detected on comparable lots in the building may affect insurance costs or lending conditions for some buyers, though this is not confirmed for lot 2701 itself. The building’s position on a busy inner-city corridor could introduce noise or traffic exposure, depending on the apartment’s aspect. While the tower is newer than much of the surrounding stock, the internal floor area may be tighter than low-rise alternatives, and the absence of a confirmed floor plan means the layout and actual views should be verified directly. These factors could influence how the property is priced relative to similar high-rise offerings in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 2701/109 Clarendon Street, Southbank VIC 3006
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
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
1
Bathroom
1
Parking
1
Land
50m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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