SOLD
RECENT ADVICE
Sold on 29 Jan 2024 for $648,000

2502/151 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 2502/151 City Rd, Southbank

2502/151 City Rd, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
2502/PS713025

Last Listing description (January 2024)

An elegant mix of far-reaching space, natural light, and unbeatable lifestyle allure, this captivating apartment showcase spectacular city views from inside and out. Take full advantage of central Southbank convenience so close to Woolworths shopping, Boyd Community Hub, Crown, South Melbourne Primary School, the Arts Precinct, and riverside restaurants.

Photo ID required at all open for inspections.

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2502/151 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$648,000
29 Jan 2024
Listed for Rent
31 Jan 2020
  • 29 Jan 2024
    Sold for $648,000
  • 21 Sep 2023
    Listed for Sale Not Disclosed
  • 13 Nov 2019
    Listed for Rent - Price not available
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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 27,879 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 183 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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Miles Chen
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Andy Su
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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.