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Sold on 20 Nov 2023 for $668,000

263/173 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
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Property Details for 263/173 City Rd, Southbank

263/173 City Rd, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
93m2
Local Government
Melbourne
Lot/Plan
263/PS504942

Last Listing description (November 2023)

A stunning mix of wide-reaching space and panoramic views sweeping over the best of Melbourne, this inviting 2 bedroom, 2 bathroom apartment is enhanced by a lifestyle location with city-edge convenience at its core. Take a short stroll to Melbourne Square Woolworths, Boyd Community Hub, Southbank Library, Crown, the Arts Precinct, riverside restaurants and even the CBD itself.

Situated sky high on the 26th floor of the popular Melbourne Tower building, the roomy comfort of open-plan living and dining sits alongside a granite-topped kitchen with a breakfast bar and stainless-steel appliances plus a dishwasher. Step outside and an undercover balcony showcases a stunning city view complemented by the Yarra River and the towering Docklands skyline. Sharing in the spectacular panorama, both generously sized and mirror-robed bedrooms are naturally lit, serviced by fully tiled bathrooms with marble-topped vanities.


Freshly painted with brand-new carpet and floorboards underfoot, take advantage of secure parking, a concealed laundry with a dryer, ducted heating and cooling, and slimline Venetian blinds. Melbourne Tower is graced with intercom security, a 24-hour concierge and premium resort-inspired facilities including a tennis court, fully equipped gym, garden courtyard and an indoor heated pool. Inspect with certainty!

Outgoings:
Council Rates: $363.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,100.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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Property History for 263/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$668,000
20 Nov 2023
Listed for Rent
$660/w
26 Nov 2010
  • 16 Nov 2023
    Sold for $668,000
  • 01 Sep 2023
    Listed for Sale $668,000
  • 12 Mar 2015
    Sold for $561,000
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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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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