OFF MARKET

113/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
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Property Details for 113/173 City Rd, Southbank

113/173 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2004
Floor Size
85m2
Local Government
Melbourne
Lot/Plan
113/PS504942

Last Listing description (November 2022)

Standing out as the perfect market entry and a high-performing investment so close to the CBD, this roomy 2 bedroom, 2 bathroom apartment is enhanced by an abundance of natural light. Head downstairs and the lifestyle address is pure perfection with the opportunity to walk to Melbourne Square Woolworths, Boyd Community Hub, Crown entertainment, the Arts Precinct and the riverside restaurants, bars and cafes lining Southbank Promenade.

Spacious open-plan living and dining is underpinned by the rare addition of a full-sized kitchen boasting black granite benchtops, a breakfast bar and stainless-steel appliances including the unrivalled quality of an upgraded Asko dishwasher. Neatly placed eleven floors high in the prized Melbourne Tower complex, step outside to an undercover balcony offering skyline views sweeping across the neighbourhood towards Docklands with a glimpse of the Yarra River. A mirror-robed and generously sized pair of bright bedrooms share in the stunning aspect, superbly serviced by deluxe fully tiled bathrooms with marble detailing. Additionally, the master suite enjoys substantial dual robes for extra storage capability, while the primary bathroom showcases a bathtub and a large concealed laundry featuring a Fisher and Paykel dryer, sink and storage.


The apartment comes complete with secure parking, ducted heating and cooling, slimline Venetian blinds, intercom entry, a 24/7 concierge service and access to premium resort-style facilities including a tennis court, fully equipped gym, a heated indoor pool.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 113/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
10 Nov 2022
Listed for Rent
$550/w
20 Feb 2014
  • 10 Nov 2022
    Sold for $600,000
  • 31 Oct 2022
    Listed for Sale EOI due on 25th Nov Friday, $570,000 - $607,000
  • 22 Jan 2014
    Listed for Rent $550 / 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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 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.