OFF MARKET

254/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 81m2
Land area: 5025m2
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Last updated 9 Sep 2024
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Property Details for 254/173 City Rd, Southbank

254/173 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 5025m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in August 2011.

Building Type
Unit
Year Built
2004
Floor Size
81m2
Land Size
5025m2
Local Government
Melbourne
Lot/Plan
254/PS504942

Last Listing description (September 2024)

A sophisticated 25th-floor apartment with stunning views and an amazing Southbank lifestyle awaits you.

This spacious two-bedroom apartment with a northern aspect provides excellent city living and the prestige of the Southbank location.

The apartment features include:

* Spacious bedroom with BIR and floor-to-ceiling windows.
* Ducted heating and cooling
* Spacious open-plan living area with balcony.
* Modern kitchen with stainless steel gas hot plate, electric oven and dishwasher.
* Sparkling bathroom with built-in laundry including Dryer
* Heated indoor pool, gym, communal facilities, 24-hour concierge, and stylish security entrance.
* Secure off-street parking.

*** Availiable on a 12+ months lease ***

Property History for 254/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$480,000
04 Aug 2011
Listed for Rent
$595/w
03 Sep 2024
  • 13 Aug 2024
    Listed for Rent $595 / week
  • 01 Mar 2022
    Listed for Rent - Price not available
  • 20 Apr 2020
    Listed for Rent $450 / week
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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.