911/180 City Road, Southbank VIC 3006
911/180 City Road, Southbank VIC 3006
1 bed + 1 car | corner northern aspect | high-rise Southbank | CBD walkable | investor or professional
This apartment occupies a corner position with northern sun exposure, which is a stronger configuration than most one-bedroom units in Southbank’s high-rise stock. The inclusion of a car space lifts it above the entry-level offerings in this precinct, where parking is often absent or sold separately. Its location on City Road places it within walking distance of the CBD, Crown, tram routes, and everyday retail including Melbourne Square Woolworths. The property is best suited to a city professional seeking a lock-and-leave base or an investor targeting rental demand from the CBD-adjacent workforce. The 60 square metre lot area is reasonable for a one-bedroom apartment of this era, though the internal layout and balcony dimensions would need to be confirmed in person.
The property last transacted in 2007, so the current asking range may reflect a long holding period rather than recent market movement. The floor level is not explicitly stated beyond the unit identifier 911, which likely indicates level nine — a mid-level position that typically balances outlook and lift access without the premium of higher floors. The building’s age is not confirmed in available records, and older high-rise towers may carry higher ongoing body corporate fees or require special levies for common-area upgrades. Buyers should verify the sinking fund balance and any recent building reports. The northern aspect and corner layout are genuine advantages, but without knowing the view corridor or balcony size, it is worth inspecting how much natural light actually reaches the living area.
Detailed Independent Property Report prepared by PropCred Analyst team for 911/180 City Road, 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
1
Bathroom
1
Parking
1
Land
60m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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