OFF MARKET

2406/283 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 46m2
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Property Details for 2406/283 City Rd, Southbank

2406/283 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 46m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Year Built
2011
Floor Size
42m2
Land Size
46m2
Local Government
Melbourne
Lot/Plan
2406/PS618951

Last Listing description (August 2024)

Fully furnished and move-in ready! Enjoy the perks of this prime location apartment boasting quality furnishings that will leave you in awe.

Perched on the 24th floor of the coveted Bank Apartments, this well-lit north-facing apartment offers CBD views. Impeccably maintained, it features a splendid kitchen equipped with a dishwasher, oven, gas cooktop, and fridge.

- Stylish open-plan living area leading to a covered balcony.

- Split system air conditioning/heating for comfort.
- Spacious bedroom with mirrored robes.
- Modern bathroom.
- Concealed European laundry with a washing machine.
- Secure video intercom entry.
- Access to state-of-the-art communal amenities: 25-meter pool, gym, sauna, club lounge, BBQ terrace, day beds, concierge services, business centre, and two shared cars.
- Conveniently located near city-bound trams, buses, Flinders Street, and Southern Cross Stations. Explore nearby attractions like the South Melbourne Market, Clarendon Street shops and eateries, Albert Park Lake, Crown Entertainment Complex, South Wharf, supermarkets, and CBD hotspots.

Don't miss out on making this your new home! Register for an inspection and be prepared to be impressed.
*kitchenware not included*

Property History for 2406/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$360,000
23 Feb 2019
Listed for Rent
$625/w
15 Jul 2024
  • 15 Jul 2024
    Listed for Rent $625 / week
  • 23 Feb 2019
    Sold for $360,000
  • 23 Oct 2018
    Listed for Sale $380,000 - $410,000
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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, 1256 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.