96/99 Whiteman Street, Southbank VIC 3006
96/99 Whiteman Street, Southbank VIC 3006
2-bed study two-balcony | east-facing city-edge | retrofit double glazing | ninth-floor secure | high-density setting
A rare combination of two bedrooms, a study, and two balconies is offered here, making the unit more spacious than much of the typical Southbank stock. The east-facing aspect with retrofit double glazing provides good natural light and noise insulation, qualities that are valued in a city-fringe setting. This property is best suited to owner-occupiers looking for a liveable apartment with functional extras, or investors seeking a format that appeals to professional tenants. The ninth-floor position gives a sense of separation from street activity while maintaining a connection to the urban outlook.
The age of the building is not confirmed from available details, but the retrofit double glazing suggests some attention to amenity over time. Value may be influenced by the quality of common areas and the building’s ongoing management. The study and dual balconies are not standard in this segment, which might provide a premium relative to basic units but could also narrow the immediate buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 96/99 Whiteman Street, Southbank VIC 3006
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
!
1
Income Risk
✕
2
Execution Risk
!
1
Southbank VIC 3006
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.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst