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1307/283 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 1307/283 City Rd, Southbank

1307/283 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
1307/PS618951

Last Listing description (April 2024)

UNFURNISHED - Nestled in the highly coveted Bank Apartments within the vibrant heart of Southbank, this residence grants you effortless access to The Crown Complex, Clarendon Street, the South Melbourne Market, and the CBD. Seamlessly blending comfort and convenience, this bright property promises a modern lifestyle of ease.

Embodying urban living at its finest, the building offers an array of amenities including an indoor heated pool, spa, sauna, fully-equipped gymnasium and separate cardio room, residents lounge, and the assurance of a 24/7 concierge service for enhanced comfort and security.

This stunning one-bedroom apartment showcases a contemporary design complemented by breath-taking city views courtesy of its north-facing orientation as well as a well-appointed kitchen fit with stainless steel appliances, a modern bathroom and spacious living area, bathed in natural light, flowing effortlessly onto a private balcony, ideal for soaking in the cityscape. The bedroom features a generously sized mirrored built-in wardrobe for ample storage. Complete with renovated floorboards throughout.

Additional highlights include:

- Floorboards fit throughout
- Intercom entry
- Split-system heating/ air conditioning
- Renovated central bathroom
- Euro laundry
- 200m to Crown Casino
- 500m to Melbourne Square Woolworths
- 750m to South Melbourne Market
- 1.4km to Flinders Street Station

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Property History for 1307/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
17 Apr 2024
Listed for Rent
$500/w
10 Jun 2024
  • 10 May 2024
    Listed for Rent $500 / week
  • 12 Apr 2024
    Sold for $307,500
  • 07 Mar 2024
    Listed for Sale $295,000 - $315,000
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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 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1278 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Carla Westraadt
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Lilian Kwan
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Ray White Southbank | Port Phillip
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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.