OFF MARKET

161/183 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 5025m2
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Property Details for 161/183 City Rd, Southbank

161/183 City Rd, Southbank is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 5025m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in June 2010.

Building Type
Unit
Year Built
2004
Floor Size
110m2
Land Size
5025m2
Local Government
Melbourne
Lot/Plan
CT161/PS504942

Last Listing description (September 2024)

Perfectly located minutes away from Melbourne CBD, this corner unit at level 16 also provides easy access to CityLink entrance, Southgate precinct, South Melbourne Market and Crown Entertainment complex, also serviced by tram stop nearby.

Dwelling comprises 3 bedrooms (main with ensuite), 2 bathrooms, very large living area, central ducted aircon in every room, modern kitchen with gas cooking and ample storage, internal laundry, spacious balcony with beautiful city views.

Facilities include indoor heated swimming pool, gym, tennis court and concierge service day and night. car park optional.

Property Code: 1245

Property History for 161/183 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$690,000
17 Jun 2010
Listed for Rent
$925/w
18 Aug 2024
  • 14 Aug 2024
    Listed for Rent $925 / week
  • 25 Mar 2023
    Listed for Rent $900 / week
  • 10 Sep 2014
    Listed for Rent - Price not available
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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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 169 properties listed for sale, and 228 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1277 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.