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.
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.
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:
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