1707/250 City RoadSouthbank VIC 3006
Property Details for 1707/250 City Rd, Southbank
1707/250 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 741m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (March 2023)
Poised on the cusp of the CBD and within the thriving heart of Southbank's exciting lifestyle precinct, this well-appointed 2 bedroom abode is part of the renowned "Bella Apartments" with spectacular City skyline and Yarra River views and an abundance of natural light from its northerly aspect. This home with an unbeatable location is only exceeded by its investment potential.
You'll enjoy a light-filled, expansive living and dining room which opens to a full length north facing terrace from which you can soak in the glorious vistas. A generous Bosch and Smeg equipped kitchen boasts extensive storage, stone benchtops and a classy subway tile splash back.
Both double bedrooms are highlighted by mirrored built-in robes, while a chic bathroom and smart laundry including dryer are further features. The Fujistu reverse cycle split system air conditioner and full window furnishings add further comfort and a video intercom system provides a high level of security. A communal gymnasium and large walk-in storage cage complete the picture of this captivating home or attractive investment.
The iconic Crown Entertainment Complex is located down the road, while you can also discover all the treats of the nearby Southbank Promenade and Southgate shopping precinct with exciting restaurants and bars, Clarendon Street retail quarter, South Melbourne Market for fresh produce, Boyd Community Hub, Royal Botanical Gardens, CBD attractions, trams, and Flinders Street Station.
Property History for 1707/250 City Rd, Southbank, VIC 3006
- 15 Nov 2022Sold for $416,000
- 18 Oct 2022Listed for Sale $435,000
- 19 Oct 2020Listed for Rent $360 / 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.
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