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32/79 Whiteman Street, Southbank$439,000
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For Saleapartment

32/79 Whiteman Street

Southbank, VIC 3006, Australia
$439,000
1 bed 1 bath 1 car

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About this property

Perfectly positioned within the highly regarded River Gardens Condos, this oversized apartment presents an exceptional opportunity for owner-occupiers and investors alike. Combining generous proportions, outstanding privacy and an unbeatable Southbank location, it offers a low-maintenance lifestyle with all the convenience of inner-city living. The light-filled open-plan living and dining area seamlessly extends to an expansive private terrace with impressive city views, creating the perfect setting for entertaining friends, enjoying a quiet morning coffee or simply unwinding outdoors. Set back from the main road, the apartment offers a peaceful retreat with minimal traffic and neighbour noise. For investors, the property represents an outstanding addition to any portfolio, with an estimated rental return of approximately $600 per week, supported by strong demand for quality accommodation in this highly sought-after precinct. Located in one of Southbank's most desirable pockets on Whiteman Street, you'll enjoy easy walking access to Crown Entertainment Complex, the Melbourne Convention and Exhibition Centre, South Melbourne Market, South Wharf's renowned dining and shopping precinct, the Yarra River, Southbank's vibrant restaurant scene, Marvel Stadium, Southern Cross Station and SkyBus airport transfers. Public transport is effortless, with a tram stop directly opposite the building providing direct services to the CBD, St Kilda via Route 96 and Port Melbourne via Route 109. Positioned on Level 3, the apartment also enjoys direct access to the building's outstanding resort-style amenities, including a swimming pool, fully equipped gymnasium, tennis court and BBQ area, while secure car parking is conveniently located on Level 2. Whether you're searching for a spacious inner-city home, a convenient lock-and-leave lifestyle, or a high-demand investment with excellent rental prospects, this impressive apartment delivers on every level.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
2 months ago

Repayment calculator

$2,128/month
$1,064 /fortnight
Loan $351,200 at 6.10% over 30 years

Upfront costs

Deposit$87,800
Stamp duty$21,410
Conveyancing (est.)$2,000
Total upfront$111,210
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 14% below the $510,000 median of 78 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

  • Stop 125: Clarendon Street Junction (tram)75 m away
  • IGA X-press + Liquor142 m away
  • Polly Woodside Park294 m away
  • Kirrip Park365 m away
  • Boyd Community Park488 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

2 price changes recorded for this property

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Within 5km

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