OFF MARKET

2607/61 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 63m2
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Property Details for 2607/61 City Rd, Southbank

2607/61 City Rd, Southbank is a 2 bedroom, 2 bathroom House and was built in 2016. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
House
Year Built
2016
Floor Size
63m2
Local Government
Melbourne
Lot/Plan
2607/PS726526

Last Listing description (October 2022)

This stunningly designed apartment is perfectly located in the centre of Southbank's art precinct. Within walking distance of the Royal Botanic Gardens and Crown Casino Entertainment Complex, the best of Melbourne's local delights is at your fingertips.

Featuring two spacious bedrooms with built-in robes, a light-flooded living and dining area with a sleek galley-style kitchen, this opportunity is suitable for the savvy first-home buyer or the astute investor looking to take advantage of the current tenancy in place!


Two generous bedrooms with built-in robes
Spacious corner balcony
Reverse cycle heating and cooling
Euro-style laundry
Timber flooring

Property History for 2607/61 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$530,000
20 Oct 2014
Listed for Rent
$350/w
05 Nov 2020
  • 18 Feb 2022
    Listed for Sale $489,000
  • 02 Jun 2020
    Listed for Rent $370 / week
  • 14 Feb 2020
    Listed for Rent $530 / 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 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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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.