OFF MARKET

131/173 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
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Property Details for 131/173 City Rd, Southbank

131/173 City Rd, Southbank is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2004
Floor Size
106m2
Local Government
Melbourne
Lot/Plan
131/PS504942

Last Listing description (July 2023)

Spread out in sunlit style, this spacious 3 bedroom, 2 bathroom, 2 car-park apartment makes the most of a private corner setting with the best of Melbourne on your doorstep. Simply stroll to South Melbourne Primary School, Melbourne Square Woolworths, riverside restaurants and all the attractions of the CBD. This is a location the whole family will love!

Owning a 13th floor position in the popular Melbourne Tower building, wide-reaching open-plan living and dining is complemented by a granite-topped kitchen featuring a breakfast bar and high-quality Miele appliances. Floor-to-ceiling glass slides open to reveal an undercover balcony boasting neighbourhood views sweeping across the northwestern skyline towards the city. The sunlit trio of mirror-robed bedrooms are all substantial in size, while the window-walled master suite is graced with walk-in robes and a deluxe ensuite. Fully tiled, the primary bathroom comes complete with a shower over a bathtub, marble detailing and a large concealed laundry with a dryer and sink.

Freshly painted throughout, special features include secure parking for 2 cars, ducted heating and cooling, roller blinds, sleek floorboards, intercom, concierge and exclusive resort-inspired access to a tennis court, indoor lap pool, fully equipped gym and a landscaped garden courtyard. An inspection will be rewarded!

Outgoings:
Council Rates: $446.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,346.00 per quarter approx.

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

Property History for 131/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$850,000
23 Jun 2023
Listed for Rent
$730/w
17 Oct 2019
  • 23 Jun 2023
    Sold for $850,000
  • 08 Jun 2023
    Listed for Sale Not Disclosed
  • 15 Oct 2019
    Listed for Rent - Price not available
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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 27,878 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 180 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 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.