OFF MARKET

1707/9 Power Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 45m2
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Property Details for 1707/9 Power St, Southbank

1707/9 Power St, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 45m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2015
Floor Size
45m2
Land Size
45m2
Local Government
Melbourne
Lot/Plan
1706A/PS633144

Last Listing description (March 2024)

Prima Tower is one of the most exclusive buildings in Southbank and is on the doorstep of the Crown Entertainment Complex, restaurants, CBD and just a short walk to the magnificent Botanic Gardens, the cultural and arts precincts plus the superb sporting facilities that Melbourne is famous for.

This premium apartment offers expansive master bedroom with ample storage throughout, floor to ceiling double glazing and ducted heating/air-conditioning to name just a few.

Enjoy Prima Tower's amazing world-class facilities which include an architect designed lobby with 24-hour concierge service, building manager, outdoor BBQ terrace, indoor 25m pool, gymnasium, spa, steam room, sauna, virtual golf range, massage room, meeting rooms, social lounge, games room, cinema room, and kitchen with dining facilities.

With strong rental demand for one bedroom apartments in this location and the superb comfort and amenities offered, this residence is sure to appeal to both owner occupiers and investors (including SMSFs) seeking superior long term returns.

Property History for 1707/9 Power St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$378,000
11 Apr 2023
Listed for Rent
$470/w
31 Mar 2022
  • 11 Apr 2023
    Sold for $378,000
  • 03 Oct 2022
    Listed for Sale Contact Agent
  • 11 Mar 2022
    Listed for Rent $470 / 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 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 179 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.