Southbank VIC 3006, Australia
Also written as Unit 51, 88 Southbank Boulevard.
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 | 7 Apr 2015 | $500,000 | — |
| Sale | 16 Jun 1999 | $40,000 | — |
It is a unit that features two bedrooms and one bathroom. The unit sits on a sizable 2,633 m² parcel of land, offering private outdoor space within the high‑rise district of Southbank
Southbank lies just about 1 km (roughly a one‑minute walk) south of the Melbourne CBD, placing the unit in immediate proximity to the city’s core commercial and cultural hubs
Several tram routes run through Southbank, including routes 1, 12, 58, 96 and 109, with nearby stops such as Arts Precinct/Sturt St and Grant St/Sturt St. Major roads like Kingsway and the West Gate Freeway also provide easy car access, while the Yarra River promenade links to the Capital City Bicycle Trail
Within a few minutes’ walk you’ll find iconic skyscrapers such as Australia 108 (0.1 km) and Eureka Tower (0.2 km), as well as the Southbank Promenade, Crown Casino entertainment precinct, and the vibrant arts and craft market held near the Arts Centre each Sunday
The property is surrounded by several boutique hotels, including Wrap on Southbank (0.1 km), Ink Hotel Melbourne Southbank (0.2 km), Quest Southbank (0.2 km), and Travelodge Hotel Melbourne Southbank (0.3 km), providing convenient lodging for visitors
Southbank recorded a population of 22,631 in the 2021 census. The area is culturally diverse, with significant communities from India, China, Colombia, Malaysia and England, and only about 45 % of residents speak only English at home
Southbank hosts the Southbank Promenade and Southgate Shopping Precinct, home to the Ophelia sculpture, restaurants, and the popular Sunday arts‑and‑craft market. The nearby Victorian Arts Centre and National Gallery of Victoria further enrich the local cultural scene
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