OFF MARKET

325/173 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
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Property Details for 325/173 City Rd, Southbank

325/173 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
Unit
Year Built
2004
Floor Size
55m2
Local Government
Melbourne
Lot/Plan
325/PS504942

Last Listing description (October 2024)

Boasting extensive views, this 32nd floor 1-bedroom apartment has the rarity of a bright open outlook from a fantastic location close to all amenities.

Including:-
- Light filled double bedroom with BIRs

- Modern bathroom
- European laundry with dryer
- Chic kitchen with granite benchtop, S/S appliances, refrigerator & dishwasher
- Balcony with views over The Shrine, Albert Park Lake, Port Phillip Bay, etc.
- Reverse-cycle split system heating/cooling
- Secure car space

Features comprise monitored security, 7-day concierge service, resort-style facilities including glass-roofed indoor pool, gym, tennis court and garden courtyard.

A heartbeat away from Crown, restaurants & bars, boutiques, South Melbourne Market, Southbank's Art Precinct, public transport and easy access to the freeway, this apartment is ideal for you if you need all amenities at your door step.

*All images provided are for illustrative purposes only. Clients are recommended to inspect and carry out their own due diligence. Agent cannot be held liable for any claim for misrepresentation.

Refer to inspection times or to schedule a private appointment, contact Elena Smirnova 0422 55 33 79.

Property History for 325/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$410,000
14 Feb 2012
Listed for Rent
$540/w
30 Sep 2024
  • 19 Aug 2024
    Listed for Rent $540 / week
  • 07 Apr 2020
    Listed for Rent - Price not available
  • 08 Feb 2017
    Listed for Rent $460 / 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 27,898 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 172 properties listed for sale, and 251 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1223 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.