SOLD
Sold on 14 May 2024 for $450,000

2503/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 1500m2
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Property Details for 2503/283 City Rd, Southbank

2503/283 City Rd, Southbank is a 2 bedroom, 1 bathroom House and was built in 2011. The property has a land size of 1500m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Southbank in the last 12 months.

Building Type
House
Year Built
2011
Floor Size
73m2
Land Size
1500m2
Local Government
Melbourne
Lot/Plan
2503/PS618951

Last Listing description (August 2024)

This well presented two-bedroom apartment showcases a contemporary design complemented by city views, as a well-appointed kitchen fit with stainless steel appliances, a modern bathroom and spacious living area, bathed in natural light, flowing effortlessly onto a private balcony.

Freshly painted and new floorboards throughout apartment.

The living space flows out to a private balcony

Both bedrooms with built in robes

Central bathroom

This generous kitchen with a stainless-steel appliances and breakfast bench

Euro laundry
Split system heating/cooling
Secure entry

Located within the "Bank Apartments" Complex, this residence offers unparalleled convenience and comfort situated mere moments away from The Crown Complex, Clarendon Street, the South Melbourne Market, and the CBD. Boasting an array of impressive amenities within the complex, residents can indulge in the heated indoor pool, spa, and sauna, access two dedicated gym rooms, utilize a business meeting room, and relish in a communal residents' kitchen, all complemented by the convenience of a 24/7 concierge service.

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Property History for 2503/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$450,000
14 May 2024
Listed for Rent
$510/w
14 Apr 2018
  • 05 Aug 2024
    Listed for Rent $580 / week
  • 14 May 2024
    Sold for $450,000
  • 29 Mar 2018
    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 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.

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