Southbank VIC 3006, Australia
Also written as Unit 3, 1 Miles Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 30 May 2020 | $811,000 | — |
| Sale | 19 May 2000 | $249,000 | — |
| Sale | 30 Sep 1992 | $210,000 | — |
3/1 Miles Street is a unit offering a self‑contained residence. It includes three bedrooms, one bathroom and a single parking space
The unit features three bedrooms and one bathroom, providing space for a small family or shared living arrangement
The property sits on a land parcel of approximately 11,446 m², which is unusually generous for a unit in this inner‑city area
The closest tram stop, Miles St / Sturt St, is about 0.2 km away, giving easy access to several tram routes that run through Southbank
Several historic Commonwealth heritage sites are nearby, including multiple blocks of Victoria Barracks (F, G, C, A, J) and the Malthouse Theatre, all within 0.3 km of the unit
The Southbank Promenade and Southgate Restaurant and Shopping Precinct are just a short walk away, offering shopping, dining and cultural attractions along the Yarra River
Southbank lies roughly 1 km south of Melbourne’s central business district, placing the unit very close to the city’s core
Southbank recorded a population of 22,631 people at the 2021 census
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