OFF MARKET

23/51-55 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 1370m2
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Property Details for 23/51-55 City Rd, Southbank

23/51-55 City Rd, Southbank is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 1370m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2004.

Building Type
House
Year Built
1989
Floor Size
79m2
Land Size
1370m2
Local Government
Melbourne
Lot/Plan
23/SP34088

Last Listing description (November 2024)

**Please enter via Fawkner Street at the back of building not the entrance from 51 city road.**

This Unfurnished unique apartment is like no other, with only 8 residential apartments in the building this apartment offers a huge two bedroom floorplan large terrace and timber flooring throughout just to name a few.


Apartment Inclusions:
- Huge open plan living and dining room with new floorboards throughout.
- Access to private balcony off the living area to enjoy those warm balmy nights.
- Modern kitchen complete with tiled flooring, stove with rangehood, oven and plenty of cupboard space.
- Both Bedrooms include built in wardrobes,
- Central bathroom complete with plenty of functional storage, good lighting, separate bath, walk in shower and European laundry.

Additional Features include:
- Security screen front door
- Downlights throughout
- Split System Heating and Cooling in lounge
- Secure entry off Fawkner street with intercom as well as access to City road entrance
- 1 carpark in easily accessible location with extra storage cabinets

This incredible apartment wont last long, situated right next door to the arts centre and just a short walk to trams, Flinders Street Station, Botanical Gardens, Southgate Shops and Restaurants, Crown Casino and easy access to the freeway entrance to take you anywhere you wish to go.

Property History for 23/51-55 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$265,000
27 Jul 2004
Listed for Rent
$600/w
01 Nov 2024
  • 30 Oct 2024
    Listed for Rent $600 / week
  • 15 Feb 2024
    Listed for Rent $610 / week
  • 08 Feb 2023
    Listed for Rent $600 / 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 28,090 properties. Over the last 5 years, Houses in Southbank have seen a 25.46% increase in median value, while Units have seen a -5.63% decrease. As at 31 January 2025:

  • The median value for Houses in Southbank is $1,046,053 while the median value for Units is $560,211.
  • Houses have a median rent of $675 while Units have a median rent of $680.
There are currently 186 properties listed for sale, and 183 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1247 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.