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105/33 Clarke Street, Southbank$265,000
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For Saleapartment

105/33 Clarke Street

Southbank, VIC 3006, Australia
$265,000
1 bed 1 bath

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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

Repayment calculator

$1,285/month
$642 /fortnight
Loan $212,000 at 6.10% over 30 years

Upfront costs

Deposit$53,000
Stamp duty$10,970
Conveyancing (est.)$2,000
Total upfront$65,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Metro77 m away
  • Boyd Community Park204 m away
  • Unnamed382 m away
  • Unnamed387 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

$385kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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