OFF MARKET

1/5 Miles Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 11445m2
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Last updated 16 Dec 2024
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Property Details for 1/5 Miles St, Southbank

1/5 Miles St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 11445m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last transferred in January 2012.

Building Type
Unit
Year Built
1993
Floor Size
74m2
Land Size
11445m2
Local Government
Melbourne
Lot/Plan
69/PS321675

Last Listing description (December 2022)

Position perfection in this low-rise block with pool GYM and tennis court.

The features including:
Two good-sized bedrooms with BIR

Kitchen with plenty of cupboard space
Open living/dining area
Central bathroom offers a separate toilet, a shower over the bath and laundry facilities
Ducted heating

This apartment has excellent proximity to St Kilda Road transport, the Botanical Gardens, the Arts precinct and the City's CBD and enjoy access to the complex's pool, gym and tennis court and a secure, off-street car space.

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Property History for 1/5 Miles St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Transferred
11 Jan 2012
Listed for Rent
17 Dec 2022
  • 22 Nov 2022
    Listed for Rent - Price not available
  • 07 Jun 2014
    Listed for Rent $400 / week
  • 28 Nov 2012
    Listed for Rent - Price not available
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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 28,087 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 193 properties listed for sale, and 212 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1267 properties were sold in the past 12 months in Southbank.

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