OFF MARKET

2605/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 4484m2
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Property Details for 2605/283 City Rd, Southbank

2605/283 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 4484m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2011
Floor Size
71m2
Land Size
4484m2
Local Government
Melbourne
Lot/Plan
2605/PS618951

Last Listing description (September 2024)

Welcome to The Bank Apartments, ideally situated on the edge of Melbourne's vibrant CBD and just a 15-minute walk from the iconic Flinders Street Train Station. Nestled in one of the citys most distinguished high-rise buildings, this two-bedroom residence offers unparalleled urban living with top-tier amenities and stunning views that will captivate you.

Property Specifications:

- Two peaceful bedrooms with built-in robes. The master suite includes a private ensuite

- Second bedroom benefits from the main bathroom located just outside.
- Top-tier kitchen finishes integrated into a spacious open-plan layout
- Highly-appointed main bathroom and master suite ensuite, appointed with semi-frameless oversized showers, - ornate tiling, hand-held shower mixers, molded-top vanity units, and frameless mirrors.
- Secure underground car space
- Prime location on the edge of Melbourne CBD

As a resident, youll enjoy access to an array of luxurious facilities, including a full-length lap pool, a state-of-the-art gym, a relaxing sauna, and function rooms available for hire. Inside your apartment, the serene atmosphere of city living is highlighted by plush carpeting and panoramic cityscape views. The spacious open-plan layout seamlessly connects to a balcony through tall glass sliding doors, enhancing the sense of openness and light.

In addition to the exceptional features within the apartment, you'll have access to a secure underground car space. Embrace the convenience of living in one of the worlds most livable cities, with all the retail, dining, cafe, entertainment, education, and historical landmarks Melbourne has to offer just moments away.

Property History for 2605/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$574,998
24 Jun 2022
Listed for Rent
$700/w
22 Aug 2024
  • 22 Aug 2024
    Listed for Rent $700 / week
  • 24 Jun 2022
    Sold for $574,998
  • 15 Jun 2022
    Listed for Sale $588,000
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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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 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.