SOLD
Sold on 08 Jul 2024 for $375,000

1016/25-29 Coventry Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 44m2
Land area: 1672m2
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Property Details for 1016/25-29 Coventry St, Southbank

1016/25-29 Coventry St, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2020. The property has a land size of 1672m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2020
Floor Size
44m2
Land Size
1672m2
Local Government
Melbourne
Lot/Plan
1016/PS801135

Last Listing description (October 2024)

This tenth floor unfurnished apartment features stunning timber flooring, designer kitchen with stainless steel Miele appliances including gas cooktop and dishwasher, air-conditioned living area. Opening to a private balcony. The bedroom with fitted robes, and a sparkling bathroom. Euro laundry and video security complete the picture.

The development has some stunning shared facilities including indoor heated swimming pool, gym, outdoor BBQ and fireplace as well as a lounge and dining room.

With The Royal Botanic Gardens at the end of the street, trams practically every minute into town and shopping all around this is very convenient living in a quiet section of Southbank that borders South Melbourne.

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Property History for 1016/25-29 Coventry St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$375,000
08 Jul 2024
Listed for Rent
$550/w
18 Jul 2024
  • 08 Jul 2024
    Sold for $375,000
  • 24 Jun 2024
    Listed for Rent $550 / week
  • 04 Apr 2024
    Listed for Sale UNDER OFFER
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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.

Suburb Insights for Southbank 3006

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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.