OFF MARKET

1607/283 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 40m2
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Property Details for 1607/283 City Rd, Southbank

1607/283 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a floor size of 40m2. 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
40m2
Local Government
Melbourne
Lot/Plan
1607/PS618951

Last Listing description (March 2020)

Enviably occupying the 16th floor of the stunning Bank Apartments, where all the excitement of Southbank is right at your door, this chic apartment brings together the very best urban living options in one perfectly positioned package.

A cleverly designed and inviting floor plan comprises a modern Kitchen with CaesarStone bench tops, stainless-steel appliances and dishwasher, living and dining area with stunning timber floorboards, an enclosed winter garden with exceptional city views, large bedroom with BIRs, modern bathroom and European laundry. Rounding out the features is a split-system heating and cooling, voice and video intercom entry, building concierge plus a resident's indoor pool and spa, gym, cardio room, sauna, lounge and bike storage.


Enjoy being only moments from the Crown entertainment complex, restaurants and shopping, all of the cosmopolitan delights of South Melbourne, transport options, sporting venues and Melbourne's very best beaches.

Property History for 1607/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$309,000
12 Mar 2020
Listed for Rent
$420/w
13 Jan 2020
  • 12 Mar 2020
    Sold for $309,000
  • 21 Feb 2020
    Listed for Sale $290,000 - $320,000
  • 02 Jan 2020
    Listed for Rent $420 / week
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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 28,049 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 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 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 for any loss or damage arising in connection with the data and information contained in this publication.