SOLD
RECENT ADVICE
Sold on 26 Jul 2024 for $496,000

1203/180 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Property Details for 1203/180 City Rd, Southbank

1203/180 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
57m2
Local Government
Melbourne
Lot/Plan
1203/PS540203

Last Listing description (July 2024)

A sensational illustration of style, space and Southbank sophistication, this affordable 2 bedroom apartment leaves nothing to chance with an abundance of natural light filtering through the free-flowing floorplan. Head downstairs and embrace a superbly central location with the CBD on your radar. Take an easy stroll to the arts precinct, Boyd Community Hub, crowd-pleasing cafes, Southbank Promenade restaurants, Crown, Melbourne Square Woolworths and a Foodworks Supermarket next door.

Wide-reaching open-plan living and dining pivots a granite-topped kitchen boasting a waterfall-edged breakfast bar, graphite sinks and stainless-steel appliances including an upgraded dishwasher. Floor-to-ceiling glass slides open to an undercover balcony overlooking City Road to the east. This perfect perch captures morning sun with ease and is the perfect spot for a lazy weekend breakfast.

Set on the 12th floor of the award-winning Southbank One building, both generously sized bedrooms are serviced by wall-to-wall built-in robes and a stylish bathroom with a deluxe bathtub, a granite-finished vanity, an exquisite pendant light, full-height tiles and a hand-held shower fitting. One of the bedrooms could also be repurposed as a roomy study, the ultimate work-from-home solution.

Additional features include secure car parking, a Euro-style laundry, ducted heating and cooling, updated LED down-lighting, roller blinds and sheer curtains. Southbank One comes complete with intercom entry, 24/7 concierge and resort-style use of a heated pool, fully equipped gym and a BBQ terrace. Confident investors can set and forget this strong portfolio performer, while market entrants will purchase with certainty.

* Photo identification will be required upon entering the property at the inspection time.

Property History for 1203/180 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$496,000
26 Jul 2024
Listed for Rent
$480/w
01 Jul 2019
  • 26 Jul 2024
    Sold for $496,000
  • 09 Jul 2024
    Listed for Sale $496,000
  • 05 Mar 2021
    Sold for $445,000
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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 28,048 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 213 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1249 properties were sold in the past 12 months in Southbank.

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MICM Real Estate - Southbank
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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.