99/88 Southbank Boulevard, Southbank VIC 3006
99/88 Southbank Boulevard, Southbank VIC 3006
99/88 Southbank Boulevard, Southbank VIC 3006 is a 2-bedroom, 1-bathroom, 1-car-space apartment in a larger apartment holding with a reported lot size of 2,633 m² and a reported apartment area around 82 m². The property was listed for sale as an apartment in Southbank. Listing data also indicates air conditioning, gym access, intercom, built-in wardrobes, internal laundry, pets allowed, and a north-facing city aspect.
north-facing city aspect | generous 82m² floorplan | older building with gym | single bathroom configuration | pets considered
A north-facing city aspect is one of the stronger features in Southbank apartment stock, offering consistent natural light and a lasting outlook advantage over internal or south-facing units. The reported 82m² floorplan is notably more spacious than many compact two-bedroom properties in the area, translating into better livability for a daily user. While the building is older stock, it provides a gym and pet allowance, which broaden the appeal. This property suits owner-occupiers seeking a light-filled home with room to spread out, as well as investors targeting professionals who value generous internal space over brand-new finishes.
The property’s age and the building’s body corporate obligations may affect holding costs and should be reviewed carefully. The single bathroom could limit appeal for some family or share buyers, though it remains typical for this product type and price tier. Broader Southbank density and ongoing construction might temper capital growth relative to lower-density suburbs. How the apartment’s condition compares to newer nearby completions is a factor worth weighing when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 99/88 Southbank Boulevard, Southbank VIC 3006
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
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
2
Bathroom
1
Parking
1
Land
82m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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