SOLD
Sold on 14 Jun 2024 for $300,000

510/250 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 742m2
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Property Details for 510/250 City Rd, Southbank

510/250 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 742m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
50m2
Land Size
742m2
Local Government
Melbourne
Lot/Plan
510/PS630696

Last Listing description (August 2024)

UNFURNISHED - This well-appointed apartment in the perfectly situated Bella building, within walking distance to the Riverbank, City and Arts Precinct.

The apartment coupled with smart design, has a well-thought-out open-plan living and dining area, with sliding door access to a full-length balcony. The well-designed kitchen features stone benchtops, classic tiled splashback, an integrated dishwasher and gas cooktop.

The generous bedroom features mirrored built in robes and a fully tiled, modern bathroom showcases an oversized shower. Thoughtful inclusions are split system heating and air conditioning, European laundry, secure intercom entry, bike storage and a fully equipped gymnasium onsite.

The esteemed City Road address presents the convenience of inner city living in abundance: walk to Crown Casino, the CBD, South Melbourne Markets, Docklands, South Wharf, the arts and sporting precincts, Flinders Street Station, whilst the location is central to wonderful parklands including the Royal Botanic Gardens. It provides a lifestyle rich in everything Melbourne is famed for including bars, restaurants, cafes, trams and buses.

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Property History for 510/250 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$300,000
14 Jun 2024
Listed for Rent
08 Aug 2024
  • 16 Jul 2024
    Listed for Rent $550 / week
  • 14 Jun 2024
    Sold for $300,000
  • 30 Apr 2024
    Listed for Sale $300,000
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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 27,871 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 167 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1262 properties were sold in the past 12 months in Southbank.

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