Southbank VIC 3006, Australia
Also written as Unit 5, 120 Clarendon 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 | 2 Sep 1992 | $215,000 | — |
The unit features two bedrooms and two bathrooms, providing a balanced layout for comfortable living. It is well‑suited for couples or small families
It is a unit (apartment) situated within a residential building in Southbank. The property also includes a private garage for secure parking
The unit comes with one garage, offering secure off‑street parking for a vehicle. This garage is part of the property’s amenities
The unit sits on a land area of approximately 2,296 m². This space is part of the overall building footprint in the Southbank precinct
Several tram stops are within walking distance, including City Rd/Clarendon St (about 0.2 km) and Clarendon Street Junction (around 0.4 km). These stops provide access to routes 12, 96, 109 and others serving the area
The property is a short stroll from the Southbank Promenade, Crown Metropol hotel, and the historic Main Point building. It is also close to the vibrant arts and dining precinct along the Yarra River
Southbank lies roughly 1 km (about 0.6 mi) south of the Melbourne CBD, placing the unit within easy walking or short tram distance to the city centre
Southbank had a population of 22,631 in the 2021 census, with only about a third born in Australia. Significant communities include people from India, China, Colombia and several other countries, reflecting a multicultural environment
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