SOLD
Sold on 12 Apr 2024 for $760,000

2700/241-243 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 2531m2
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Property Details for 2700/241-243 City Rd, Southbank

2700/241-243 City Rd, Southbank is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 2531m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
74m2
Land Size
2531m2
Local Government
Melbourne
Lot/Plan
2700/PS638212

Last Listing description (March 2024)

Elite luxury living is synonymous with this sophisticated apartment, flaunting high-end boutique credentials and breathtaking City views. Showcasing the highest calibre of fittings and finishes, full-height glazing filters natural light through the open-plan living/dining area with a seamless connection to a private entertaining balcony - the perfect accompaniment to a streamlined kitchen featuring stone benches and quality appliances. Impressive space is further displayed by 3 robed bedrooms (main with luxe ensuite) and striking bathroom, while split system heating/AC, secure intercom entry and basement car space add further lifestyle allure. The building itself is equipped with exclusive amenities including 24-hour concierge, resort-style indoor lap pool and fully equipped gymnasium. Enjoy Melbourne's prized lifestyle attractions, a stone's throw from Crown Casino's Entertainment Complex, Yarra River, transport in every direction and Southbank's Arts Precinct.

*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.

Property History for 2700/241-243 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$760,000
12 Apr 2024
Listed for Rent
$590/w
04 Nov 2021
  • 12 Apr 2024
    Sold for $760,000
  • 28 Sep 2023
    Listed for Sale Not Disclosed
  • 06 Jul 2020
    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 28,048 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 215 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 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.