Back 1406/33 Clarke St
Off Market

1406/33 Clarke St

Southbank VIC 3006

1
1
Apartment
Last sold for $291,000
Daniel MilheDaniel Milhe, last sold this property on 29 June 2026 after 33 days on market.

Overview

Elevated Southbank Living with Long-Term Rental Security

• Secure Lease at $460 per week until mid-March of 2027 • Elevated level 14 position with excellent natural light • Functional one-bedroom floorplan with open-plan living • 100m to Crown Entertainment Complex • Walking distance to Southbank Promenade & the Yarra River • Superb access to trams, Flinders Street Station & arterial links • Outstanding entry into Melbourne's thriving inner-city market Positioned on level 14 within one of Southbank's most connected and fast-evolving precincts, this stylish single bedroom residence at Banque 88 delivers the perfect balance of lifestyle, convenience and investment security. Steps from the CBD, Crown Entertainment Complex, South Melbourne Market and Southbank promenade, residents enjoy immediate access to some of Melbourne's finest dining, retail and cultural attractions. Designed for effortless inner-city living, 1406 offers a sleek contemporary feel ideal for professionals and investors alike, with excellent connectivity via tram routes, Flinders Street Station, City Road, and major arterial links. The apartment itself comprises a well-appointed one-bedroom layout, showcasing open-plan living and dining, modern finishes and an elevated level 14 position that enhances natural light and clear urban outlooks. Low-maintenance and highly functional, the residence presents an outstanding opportunity for those seeking a set-and-forget investment within a high-demand Southbank location. Further enhancing the appeal, the property is securely leased on a fixed-term agreement until March of 2027, offering immediate rental income and long-term peace of mind for professionals & investors alike.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1406/33 Clarke St is $387.06k.

Median value
$387.06k
Estimated value range
$240k - $730k
Median days on market
43
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1406/33 Clarke St

2026
Sold
$291,000
29 Jun 2026 by Daniel Milhe, of Ray White Southbank | Melbourne City
2025
Rented
Undisclosed
Leased on 14 Mar 2025 by Ray White Southbank | Melbourne City
2023
Rented
Undisclosed
Leased on 24 Aug 2023 by Ray White Southbank | Melbourne City

Happy sellers in Southbank

85%
85% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 91 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 234 one-bedroom apartments similar to 1406/33 Clarke St, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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