4309/45 Clarke Street, Southbank VIC 3006
4309/45 Clarke Street, Southbank VIC 3006
2 bed, 1 bath, 1 car | 47 m² compact two-bedroom | high floor, north-west aspect | city views, resort amenities
This apartment offers a rare combination of a two-bedroom layout with a single bathroom and a dedicated car space in a full-service tower. The north-west balcony and high-floor position provide city views and natural light, which are prized in Southbank’s dense high-rise market. At 47 m², the internal area is compact for a two-bedroom, so the layout must be efficient to feel functional. The building’s 24/7 concierge, gym, heated pool, and direct access to Woolworths make it suited to professionals or downsizers who prioritise convenience and amenity over space. This property competes well against smaller one-bedroom apartments in the same precinct, offering more separation and parking for a similar footprint.
The sale price may be influenced by the apartment’s compact size compared to typical two-bedroom units in the area, which could limit appeal for buyers seeking generous living areas. The single bathroom may also be a consideration for households that prefer a second bathroom. While the high floor and north-west aspect support value, the overall price should reflect the trade-off between location amenity and internal space. Buyers should verify the exact floor level and view quality, as these can vary significantly within the same building and directly affect perceived value.
Detailed Independent Property Report prepared by PropCred Analyst team for 4309/45 Clarke Street, Southbank VIC 3006
Checks found:
Value Risk
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
2
Bathroom
1
Parking
1
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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