OFF MARKET

City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 2703/57 City Rd, Southbank

2703/57 City Rd, Southbank is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Melbourne

Last Listing description (September 2024)

- Ready for first home buyers and smart investors in Opus Tower.
- This 1 bedroom apartment is positioned on the 27th floor.
- Relaxed living/dining zone has openable sliding doors to the east.

- Stone kitchen with a straight line design and s/steel appliances.
- Bedroom with window for added light, mirrored BIR, and fan.
- Designer bathroom, reverse cycle heating and cooling.
- Moments to Crown Entertainment Complex and Southgate shopping.
- Close to Boyd Community Hub, Arts Centre, and Flinders St Station.

Brilliantly low-maintenance, utterly stylish, and with an alluring City Road address steps to Crown Casino and an array of CBD attractions, this inspired 1 bedroom apartment in Opus Tower is the affordable and sleek entry level abode you've been searching for.

Timber floors and an open feel make the living/dining zone a genuine pleasure to experience, with this space offering sliding doors to give you a small balcony area with an easterly aspect. The kitchen promises a straight line design plus stainless steel appliances, with the nearby bedroom offering a mirrored built-in robe, added window for light, and built-in fan.

Other apartment extras include an eye-catching designer bathroom, European laundry, split system heat/cool, and secure intercom. Steps to Clarendon Street eateries and shops, South Melbourne Market, Boyd Community Hub with park and library, Woolworths and Asian supermarkets, Southgate shopping with food court, Arts Centre, Hamer Hall, trams, and Flinders Street Station.

**Photos are from another similar property in the same building.

*Every precaution has been taken to verify the accuracy of the above details. However, prospective purchasers are advised to make their own enquiries.

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Property History for 2703/57 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
  • 28 Aug 2024
    Listed for Sale $285,000 - $310,000

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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 27,861 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 201 properties listed for sale, and 220 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1235 properties were sold in the past 12 months in Southbank.

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