OFF MARKET

1007/250 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 55m2
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Last updated 11 Nov 2024
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Property Details for 1007/250 City Rd, Southbank

1007/250 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2015
Floor Size
55m2
Local Government
Melbourne
Lot/Plan
1007/PS630696

Last Listing description (May 2023)

Centrally located in Southbank, this 2 bedroom corner apartment will be an ideal home for an owner occupier or an investor looking to start or add to their property portfolio.

A stylish contemporary apartment with floor to ceiling windows.
Open plan dining and living area adjoins a galley style kitchen with a subway tiled splashback and integrated stainless steel appliances including electric oven and dishwashing machine.

Wide South West facing balcony with glass balustrade

A well balanced floor plan with the bedrooms separate to each other. Both have mirrored robes and share the central bathroom.

Crown Entertainment Complex 450 metres away, 950 metres to the CBD and 950 metres to South Melbourne Market.

Other features include:
Reverse cycle air-conditioner
Storage cage on a separate title
Gas stove top burner
Separate European laundry

Tram Line at your front door
Large array of cafes and restaurants in the precinct to enjoy.

Deposit: 10%
Settlement: 30 days

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Property History for 1007/250 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$424,000
15 Apr 2023
Listed for Rent
$450/w
11 Jul 2022
  • 15 Apr 2023
    Sold for $424,000
  • 07 Mar 2023
    Listed for Sale Contact Agent
  • 30 Jun 2022
    Listed for Rent $450 / week
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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 27,879 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 183 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 properties were sold in the past 12 months in Southbank.

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