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Sold on 09 Dec 2024 for $600,000

20/161-173 Sturt Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 86m2
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Property Details for 20/161-173 Sturt St, Southbank

20/161-173 Sturt St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 86m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
1993
Floor Size
84m2
Land Size
86m2
Local Government
Melbourne
Lot/Plan
23/PS325178

Last Listing description (December 2024)

Expansive 2-bedroom apartment in pristine condition
Sunlit open-plan living and dining area with amazing views
Abundant natural light through expansive windows in all rooms

Convenient public transport right at your doorstep
Minutes from Royal Botanic Gardens, Arts Precinct, shops and restaurants
Low-density apartment complex offers high privacy
Secure undercover car space on title
Available with vacant possession

This sunlit and oversized two-bedroom, one-bathroom apartment in Southbank offers unparalleled views and a prime location in the low-density complex.

Nestled on the 4th floor, finished by quality timber flooring, the apartment showcases an expansive open-plan living and dining area bathed in natural light, leading out to a private balcony where you can take in breathtaking views 24/7. The kitchen promises a modern edge and comes with beautiful white stone benchtops and quality steel appliances. Both bedrooms are generously sized with great built-in wardrobes options, each featuring large windows that flood the rooms with natural light, creating a bright and airy atmosphere throughout. The well-appointed kitchen seamlessly connects to the living area, making it perfect for entertaining or relaxing after a day in the city. Other extras include reverse cycle air conditioning, secure intercom entry, and a secure car space on title.

The building offers a peaceful, low-density environment, ensuring privacy and a sense of community, with public transport at your doorstep for ultimate convenience. The location is second to none-just moments from Southbank's renowned cultural precinct, including the Malthouse Theatre, National Gallery of Victoria, and Southbank Theatre. Plus, you're only a short stroll to the Royal Botanic Gardens, Crown Casino, South Melbourne Market, Albert Park Lake and essential shops like IGA and Chemist Warehouse.

With its exceptional location, stunning views, and move-in ready condition, this apartment is a rare find for both homebuyers and investors seeking a slice of vibrant Southbank living.

Property History for 20/161-173 Sturt St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
09 Dec 2024
Listed for Rent
$460/w
22 Jan 2014
  • 09 Dec 2024
    Sold for $600,000
  • 21 Oct 2024
    Listed for Sale $580,000 - $630,000
  • 21 Nov 2013
    Listed for Rent $460 / 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 28,089 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 197 properties listed for sale, and 225 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1272 properties were sold in the past 12 months in Southbank.

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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.