OFF MARKET

1504/151 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
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Property Details for 1504/151 City Rd, Southbank

1504/151 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2015
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
1504/PS713025

Last Listing description (August 2024)

This beautifully appointed apartment is designed for those who appreciate style, comfort, and a vibrant city lifestyle.

Step into a spacious and light-filled open plan living and dining area, perfect for both relaxation and entertaining. The generous layout makes this space ideal for hosting gatherings or enjoying quiet evenings at home. The kitchen is a chef's delight, featuring ample storage space and a sleek four burner gas cooktop. The master bedroom offers city views & built in mirrored wardrobes. The second bedroom is versatile and can easily be transformed into a comfortable home office or an additional bedroom. The central bathroom boats floor-to-ceiling tiles and a walk-in shower.

Residents of Southbank Grand will have access to 24-hr concierge, glass-roofed indoor pool, gym and BBQ terrace.

Located in the heart of Southbank, this apartment places you within walking distance of Melbourne's vibrant CBD. The Southbank Promenade is just a short stroll away, offering a variety of dining options, cafes, and bars where you can unwind and enjoy the scenic views of the Yarra River. Public transport options are abundant, with trams, buses, and Flinders Street Station all within easy reach, making commuting a breeze.

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Property History for 1504/151 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$498,000
06 Apr 2015
Listed for Rent
$600/w
13 Aug 2024
  • 12 Jul 2024
    Listed for Rent $600 / week
  • 07 Sep 2022
    Listed for Rent $550 / week
  • 06 Apr 2015
    Sold for $498,000

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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1267 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.