OFF MARKET

203/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
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Property Details for 203/173 City Rd, Southbank

203/173 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2004
Floor Size
90m2
Local Government
Melbourne
Lot/Plan
203/PS504942

Last Listing description (September 2023)

A stylish blend of wide-reaching space and sunlit sophistication, this immaculate 2 bedroom, 2 bathroom apartment maximises easy-living comfort in a sought-after Southbank neighbourhood. Head downstairs and take a short stroll to the Arts Precinct, Melbourne Square Woolworths, Boyd Community Hub, Southbank Library, Crown, riverside restaurants, the CBD and so much more!

With brand-new floorboards underfoot, oversized open-plan living and dining is complemented by a granite-topped kitchen with stainless-steel appliances plus a dishwasher. The sheltered balcony enjoys captivating views sweeping across the neighbourhood skyline and charting a course up the Yarra River. Owning a commanding position 20 floors high in the magnificent Melbourne Tower building, both naturally lit bedrooms are newly carpeted and generously scaled, serviced by mirrored built-in robes. The principal bathroom boasts a marble-finished vanity, floor-to-ceiling tiles and a sparkling shower over a bathtub, while the palatial master suite is graced with a private ensuite.


Additional features include secure undercover parking, a Euro-style laundry, ducted heating and cooling, slimline Venetian blinds and intercom entry. Melbourne Tower comes complete with a 24-hour concierge and premium resort-style facilities including a tennis court, fully equipped gym, an indoor lap pool and a landscaped BBQ terrace. First home owners will enter the market with certainty, astute investors can set and forget, while those searching for a lock-and-leave base will appreciate the convenience. An inspection will be rewarded!

Outgoings:
Council Rates: $373.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,071.00 per quarter approx.

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

Property History for 203/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$650,000
30 Aug 2023
Listed for Rent
$565/w
06 Mar 2019
  • 30 Aug 2023
    Sold for $650,000
  • 25 Aug 2023
    Listed for Sale $650,000
  • 12 Feb 2019
    Listed for Rent $565 / 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 180 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.