105/33 Clarke Street
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About this property
Currently Leased at $440 per week ($22,944 p.a). Net return of 6.7% at $265,000 Positioned in the heart of Southbank's vibrant lifestyle precinct, 105/33 Clarke Street presents an outstanding opportunity for the astute investor seeking strong rental returns and long-term growth potential. This well-appointed residence offers a smart, low-maintenance layout designed to maximise tenant appeal. Featuring an open-plan living and dining zone, a modern kitchen with quality finishes, and a private balcony, the apartment caters perfectly to young professionals and city-based renters. The bedroom is generously sized with built-in storage, complemented by a sleek central bathroom and European laundry. Located just moments from Crown Entertainment Complex, the Yarra River, public transport, and Melbourne's CBD, this address consistently attracts high rental demand. The building itself is popular among tenants for its convenience, security, and lifestyle accessibility are key drivers for low vacancy rates and stable income. Investment Highlights: Proven rental demand in a high-growth inner-city pocket Attractive rental yield with consistent occupancy potential Low-maintenance asset ideal for portfolio expansion Walk-to-everything location appealing to professionals and students Strong long-term capital growth prospects in tightly held Southbank Whether you're looking to strengthen your portfolio with a reliable performer or secure a foothold in one of Melbourne's most sought-after rental markets, this is an opportunity not to be overlooked.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 1 month ago
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Neighbourhood
Living in Southbank
This 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 45% below the $480,000 median of 69 comparable apartmentswithin 5 km.
Schools near Southbank
- South Melbourne Primary Schoolprimary · Prep-6 · CoEd
- Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd
What's nearby
- City Road/Queens Bridge Street (bus) — 50 m away
- Woolworths Metro — 77 m away
- Boyd Community Park — 204 m away
- Unnamed — 382 m away
- Unnamed — 387 m away
Southbank at a glance
Full suburb profile- Population
- 22,631
- Median age
- 31
- Household income
- $1,926/wk
- Median rent
- $411/wk
- Median mortgage
- $1,900/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Southbank price trend
Median sold · Unit 1 bed
Compound growth -3.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Southbank marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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