OFF MARKET

171/173 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 171/173 City Rd, Southbank

171/173 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 108m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2004
Floor Size
108m2
Local Government
Melbourne
Lot/Plan
171/PS504942

Last Listing description (November 2024)

UNFURNISHED - Enjoy the very best of city living, with Melbournes finest restaurants and entertainment complexes at your fingertips. Only moments to the Yarra River and the CBD, you will love the remarkable location and the quality of this stunning apartment.

Accommodation: Comprising 3 spacious bedrooms with built in robes, the master with private ensuite, generous open plan living and dining area with air conditioning, your own private balcony, fabulous gourmet kitchen with dishwasher and stainless steel appliances, and main bathroom with laundry facilities(Dryer included).


Features: 2 secure undercover car spaces, floor to ceiling windows, and use of all complex facilities including indoor heated pool, fully equipped gymnasium, tennis court, entertaining terrace/courtyard area and 7 day building concierge.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Leasing Executive.

Property History for 171/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$850,000
18 Jul 2023
Listed for Rent
$950/w
11 Oct 2024
  • 11 Oct 2024
    Listed for Rent $930 / week
  • 09 Oct 2023
    Listed for Rent $950 / week
  • 18 Jul 2023
    Sold for $850,000
Sign in to see more transactions

Commute Calculator

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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.