2205/245-251 City RoadSouthbank VIC 3006
Property Details for 2205/245-251 City Rd, Southbank
2205/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom House. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (April 2022)
Please note, the property is unfurnished.
Located in the heart of popular Southbank between South Melbourne Markets and Melbourne City, luxurious apartment living starts here with entering the spacious lobby of the latest 2021 Palladium Tower.
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Link: https://our.property/tgA
Property History for 2205/245-251 City Rd, Southbank, VIC 3006
- 13 Apr 2022Listed for Rent $600 / week
- 26 Jun 2017Sold for $695,000
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0About 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.
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