OFF MARKET

173/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
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Property Details for 173/173 City Rd, Southbank

173/173 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2004
Floor Size
81m2
Local Government
Melbourne
Lot/Plan
173/PS504942

Last Listing description (November 2021)

Please be advised that due to the current Victorian Government Mandate, the agent on site will be requesting to sight proof of double COVID-19 vaccination. If you are not able, or comfortable, to show proof of this at your inspection, you will need to wait until the end of the allotted time so you are able to be shown through privately and safely or please contact us to book a private one on one inspection time. You will also need to register via QR Code when entering the premises.

Enriched with an abundance of natural light, this spacious 2 bedroom (plus compact home office) apartment is positioned to perfection overlooking the Yarra River and spectacular city skyline. Standing out as the perfect market entry and an investment high-performer in a sought-after central Southbank locale, enjoy an effortless stroll to Boyd Community Hub and Library, Crown, full-line Woolworths shopping, the Arts Precinct, riverside restaurants, and the CBD itself.


Discover far-reaching open-plan living and dining, underpinned by a sparkling kitchen with a black granite-topped breakfast bar and stainless-steel appliances including an updated dishwasher. Securely set on the 17th floor of the popular Melbourne Tower complex, make a seamless connection with a sheltered balcony boasting breathtaking city and river views, ideal for entertaining in style. A mirror-robed pair of light-filled bedrooms share in the stunning aspect, superbly serviced by a deluxe bathroom with a fully tiled shower over a bath plus a marble-finished vanity. A pleasant surprise is the additional allure of a professional-looking study, perfect for working from home.

Take advantage of a large concealed laundry with a dryer, trough and storage, secure parking, ducted heating/cooling and intercom entry. Melbourne Tower is graced with premium resort-style facilities including a concierge service, tennis court, a fully equipped gym, a heated indoor pool and a BBQ terrace. Inspect to be impressed!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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

A timeline of how this property has performed in the market
Last Sold
$284,000
11 Oct 2021
Listed for Rent
$390/w
06 May 2021
  • 11 Oct 2021
    Sold for $284,000
  • 05 Oct 2021
    Listed for Sale $568,000
  • 30 Apr 2021
    Listed for Rent $390 / 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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