Property Details for 704/285 City Rd, Southbank
704/285 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit.
Last Listing description (August 2024)
This spacious, fully furnished 2-bedroom, 2-bathroom apartment with its well-designed layout, generous living area and separate laundry is a rare find.
All apartments in this building are beautifully designed and offer generous living areas, light-filled bedrooms and modern fittings and finishes in a stylish colour palette. Equipped with high quality European Miele appliances, air-conditioning and secure undercover car parking included, these apartments are a rare find in Melbourne's prime location.
Located on City Road in the heart of the Crown Precinct, rich in culture and entertainment, the Crown Precinct is home to Victoria's Crown Casino and Entertainment Complex, the Arts Precinct, Eureka Tower and a prestigious selection of fine restaurants, bars, cafes and night clubs. Melbourne's vibrant streets appeal to both locals and global travelers, making it a cultural focal point of Melbourne.
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Property History for 704/285 City Rd, Southbank, VIC 3006
- 04 Jul 2024Listed for Rent $725 / week
- 20 Jul 2022Listed for Rent $500 / week
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0About 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.
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