SOLD
Sold on 23 Sep 2024 for $601,500

1302/151 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 2523m2
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Property Details for 1302/151 City Rd, Southbank

1302/151 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 2523m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
2523m2
Local Government
Melbourne
Lot/Plan
1302/PS713025

Last Listing description (October 2024)

Awash in northern light, this sleek 2 bedroom, 2 bathroom apartment highlights the striking city skyline in all its splendour. Positioned to perfection 13 floors high inside the award-winning Southbank Grand complex, embrace a central lifestyle locale beyond comparison. Simply stroll to Crown, Melbourne Square Woolworths, the arts and sporting precincts, Boyd Community Hub and relax by the river on Southbank Promenade. This is the life!

A stone-finished kitchen showcases a breakfast bar and stainless-steel appliances including an integrated microwave and a high-performing Fisher and Paykel dish-drawer. The wide-reaching comfort of open-plan living and dining makes a seamless transition to a sheltered balcony stretching out in northern sun with picturesque vistas extending over city skyscrapers. Both generously scaled bedrooms are sensationally serviced by mirrored built-in robes and a pristine pair of stylish bathrooms boasting full-height tiles, while the master suite is graced with a handy study nook, ideal for working from home.

Additional features include a secure car park, laundry capacity, ducted heating and cooling, double glazing, roller and slimline Venetian blinds, recessed down-lighting, curtain in living is including. The plush Southbank Grand enjoys a welcoming 24/7 concierge, intercom security, high-speed lifts and exclusive resort-grade access to a heated indoor pool, BBQ terrace and a fully equipped gym. Inspect today!

Outgoings:
Council Rates: $403.00 per quarter approx.
Water Rates: $173.00 per quarter approx.
Owners Corporation Fees: $1,170.00 per quarter approx.

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

Property History for 1302/151 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$601,500
23 Sep 2024
  • 23 Sep 2024
    Sold for $601,500
  • 06 Aug 2024
    Listed for Sale $601,500
  • 28 May 2020
    Sold for $605,000
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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 28,094 properties. Over the last 5 years, Houses in Southbank have seen a -50.17% decrease in median value, while Units have seen a -3.20% decrease. As at 28 February 2025:

  • The median value for Houses in Southbank is $592,296 while the median value for Units is $566,387.
  • Houses have a median rent of $670 while Units have a median rent of $675.
There are currently 181 properties listed for sale, and 163 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1255 properties were sold in the past 12 months in Southbank.

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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 liability for any loss or damage arising in connection with the data and information contained in this publication.