FOR SALE
$600,000 - $660,000

1506/151 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Must sell! Two bedrooms plus study

Located in the heart of Southbank, this property makes for amazing living with easy access to the vibrant Southbank and Crown restaurants/cinemas/shopping, public transport, sporting venues, famed parkland, Clarendon Street shopping and the South Melbourne Market.
This pristine apartment delivers quality carpet and light throughout the open plan lounge/meals zone, practical kitchen just off the living zone which offers sublime stone and stainless steel appliances, spacious master bedroom with ensuite, one further bedroom with built-in robe, home office or study, extra bathroom, plus a balcony for entertaining and enjoying the magnificent City skylines.
Perfectly placed on the 15th floor of the award-winning Southbank Grand complex, enjoy laundry capabilities with a washer/dryer, secure car parking, ducted heating/cooling, an indoor heated swimming pool, fully-equipped gymnasium and a BBQ terrace, plus 24 hour security, on site security systems and audio intercom.
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Property Details for 1506/151 City Rd, Southbank

1506/151 City Rd, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Balwyn.

Building Type
Apartment

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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 27,899 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 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Ray Tian
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Ray White Balwyn
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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.