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3201/43 Hancock Street

Southbank, VIC 3006, Australia

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2 bed 2 bath

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About this property

Perched high on the 32nd floor, Sean Grech and One Agency Property Partners Presents this stunning two-bedroom, two-bathroom apartment at 3201/43 Hancock Street, Southbank delivers an exceptional lifestyle defined by breath-taking views and modern sophistication. From the moment you step inside, you'll be captivated by sweeping panoramas across the bay and an impressive outlook over the city skyline. Designed with both comfort and style in mind, the apartment features a sleek, contemporary kitchen fitted with quality finishes, perfectly suited for both everyday living and entertaining. The two generously sized bedrooms are complemented by beautifully appointed bathrooms, showcasing floor-to-ceiling tiles that create a luxurious, hotel-like feel. Year-round comfort is assured with split system heating and cooling. Residents also enjoy exclusive access to premium building amenities, including a fully equipped gym, sparkling swimming pool, and a communal recreational area complete with barbeque facilitiesideal for relaxing or hosting guests. Positioned in the vibrant heart of Southbank, this stylish apartment offers the perfect balance of convenience, lifestyle, and elevated. This apartment is centrally located between a variety of public transport options to help you commute wherever you need to at any time of the day. An outstanding opportunity for homeowners and investors alikeinspect today and experience it for yourself. Note: All stated dimensions are approximate. Particulars are for general information only and do not constitute any representation by the vendor or agent.

Property Details

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

Repayment calculator

$2,327/month

$1,164 /fortnight

Loan $384,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$96,000

Stamp duty$23,870

Conveyancing (est.)$2,000

Total upfront$121,870

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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 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools.

Schools near Southbank

South Melbourne Primary Schoolprimary · Prep-6 · CoEd
Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

Stop 126: City Road (tram) — 60 m away
King Furniture — 114 m away
Unnamed — 300 m away
Boyd Community Park — 310 m away
Unnamed — 474 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.

Due diligence

Property Report

Lifestyle & access

Schools

7 nearby schools

Catchment: Melbourne High School

Public transport

10 stops within 1.5km

Nearest: Clarendon Street/City Road (0.1km)

Traffic

Moderate congestion

Significant congestion on St Kilda Road and surrounding streets during morning (7-9am) and evening (4-7pm) peak hours. Public holidays and event days at nearby venues (Arts Centre, MCG) can create additional traffic disruptions. Off-peak travel is generally smooth.

Noise

High noise

Nearest: road (0.1km)

Risk & safety

Flood risk

Medium

Southbank, VIC is located adjacent to the Yarra River and falls within the Melbourne flood-affected precinct. The suburb is covered by the Land Subject to Inundation Overlay (LSIO) due to historical flooding from the Yarra River and its tributaries, particularly during major rainfall events. While modern urban development and flood mitigation infrastructure have reduced acute risk, properties in this location remain subject to planning controls reflecting medium flood exposure.

Bushfire risk

None

Southbank is a dense, inner-city urban suburb of Melbourne located south of the Yarra River, characterised by high-rise residential and commercial development with minimal vegetation. The area falls well outside designated Bushfire Prone Areas (BPA) and Bushfire Management Overlay (BMO) zones, with negligible bushfire risk due to urban density and absence of hazardous vegetation.

Crime profile

above average

Trend: stable

Planning & context

Zoning

GRZ1 — General Residential Zone - Schedule 1

Melbourne Planning Scheme

Nearby development

6 projects nearby

Southbank continues as a high-priority cultural and mixed-use precinct with significant public realm investment alongside private residential and office development. The area is experiencing steady apartment tower approvals leveraging its proximity to the Arts Centre and river frontage, with concurrent council-led infrastructure and heritage precinct upgrades. Development activity is constrained by heritage overlays and public land coordination, resulting in a measured but consistent pipeline of premium residential and office projects.

Heritage

Heritage listed

Southbank is a contemporary cultural heritage precinct recognized for its late 20th-century architectural significance, including major state and national institutions. Properties within the area are subject to heritage overlay controls that protect the distinctive modern character and public realm. Individual residential properties may have varying levels of heritage protection depending on their location within the Southbank Heritage Overlay.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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