OFF MARKET

1511/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 4484m2
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Property Details for 1511/283 City Rd, Southbank

1511/283 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 4484m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2011
Floor Size
66m2
Land Size
4484m2
Local Government
Melbourne
Lot/Plan
1511/PS618951

Last Listing description (April 2020)

The Bank Apartments on the lively City Road deliver Southbank residences that promise fantastic quality and stylish modern flair. This exclusive 2 bedroom 15th floor retreat is no different, enjoying all the contemporary creature comforts plus Port Phillip Bay views to match!

Relax day and night in the spacious and breezy central living and dining zone, with a tiled straight-line kitchen incorporated into this main hub featuring stone countertop, glass splashback. The central zone also has entry out to a balcony where sunset water views can be enjoyed on summer evenings over chilled out after work drinks.

Both bedrooms have built-in robes and are separated by the well-appointed bathroom which dazzles with a glass vanity and designer raised basin plus a sleekly tiled shower. Other property features include a European laundry, reverse cycle heating and cooling, video intercom, secure car space, and access to a 24-hr concierge, heated pool, spa, sauna, gym, outdoor terrace, media room, and business centre

You'll have easy access to an abundance of excellent attractions including Metro and Asian supermarkets, Crown Casino with world class restaurants, Southbank Promenade bars, Clarendon Street shops and eateries, South Melbourne Market, Boyd Community Hub, and trams. Don't miss out on this exceptional Bank apartment!

Property History for 1511/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$482,000
20 Mar 2020
  • 20 Mar 2020
    Sold for $482,000
  • 10 Feb 2020
    Listed for Sale $465,000 - $495,000
  • 25 Jul 2011
    Sold for $540,000

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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 27,879 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 182 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.