OFF MARKET

2303/250 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 563m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 2303/250 City Rd, Southbank

2303/250 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 563m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2015
Floor Size
48m2
Land Size
563m2
Local Government
Melbourne
Lot/Plan
2303/PS630696

Last Listing description (May 2020)

A stylish, modern and open plan living space will welcome you as you enter this 1 bed / 1 bath beauty. Bathed in light through floor to ceiling windows, cherish views of the worlds most liveable city, enjoy hot meals prepared in your modern kitchen and take pleasure in living in an apartment with plenty of space for a solitary resident or a couple.

This apartment is perfectly located in the heart of Southbank, in a brand new development that Salvo Property Group is truly proud of. It is very central to all key places in Melbourne, just minutes away from Crown Entertainment Complex, South Melbourne Market and Melbourne CBD. Public transport stops right at your doorstep.


Do not miss out on this wonderful opportunity and register your interest now.

Property History for 2303/250 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$340,000
12 Aug 2023
Listed for Rent
$380/w
26 May 2020
  • 12 Aug 2023
    Sold for $340,000
  • 09 Apr 2020
    Listed for Rent $380 / week
  • 28 Oct 2014
    Sold for $439,500

Commute Calculator

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 27,899 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 172 properties listed for sale, and 253 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1228 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.