FOR SALE
Private Sale $298,000 -$327,000

2505/57-61 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Luxurious Living in Southbank

**ALL INSPECTIONS ARE BY PRIVATE APPOINT ONLY. PLEASE PROVIDE YOUR BEST CONTACT NUMBER FOR FURTHER DETAILS**
Experience elevated urban living with this exquisite apartment at 2505/57-61 City Road, Southbank. Boasting breathtaking views and high-end amenities, this residence captures the essence of modern city living.
**Key Features:
- One spacious bedroom with a built-in robe
- Open-plan layout seamlessly connecting the kitchen, dining, and living areas
- Stylish kitchen with stainless steel appliances
**Location Highlights:
- Just a 5-minute drive to South Melbourne Central and The Clarendon Centre
- Close to a range of reputable schools, including South Melbourne Primary, Victorian College of the Arts Secondary School, and Melbourne Grammar School
- Easy access to beautiful parks such as Docklands Park, Boyd Park, and Kenedy Park
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Property Details for 2505/57-61 City Rd, Southbank

2505/57-61 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Change REal Estate.

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 27,871 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 222 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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