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Sold on 22 Nov 2023 for $950,500

271/183 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 271/183 City Rd, Southbank

271/183 City Rd, Southbank is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
CT271/PS504942

Last Listing description (November 2023)

A light-filled celebration of vast family-sized space, this immaculate 3 bedroom, 2 bathroom, 2 car-park apartment is positioned to please in a private corner placement. Convenience is well and truly covered in this dynamic neighbourhood with a short walk to Melbourne Square Woolworths, Boyd Community Hub, Southbank Library, popular cafes, Crown, the arts precinct and the world-class eateries lining the Yarra River. An inspection will be rewarded!

Spacious open-plan living and dining pivots a gleaming granite-topped kitchen boasting a breakfast bar and stainless-steel appliances including a dishwasher. Set 27 floors high in the sensational City Tower building, an undercover balcony basks in northern sunlight and highlights breathtaking city, Docklands and Yarra River views. This is an unforgettable panorama, the perfect backdrop when entertaining. A trio of robed, substantial and north-facing bedrooms are superbly serviced by a deluxe bathroom graced with a fully tiled shower area over a bath. The palatial main bedroom showcases roomy walk-in robes and a private ensuite with marble detailing.


Freshly painted with sleek new floorboards and carpet underfoot, comprehensive features include side-by-side parking for 2 cars, a large Euro-style laundry with a sink and dryer, ducted heating and cooling, double glazing, day/night roller blinds and stylishly updated lighting. City Tower comes complete with secure intercom entry, a 24/7 concierge and exclusive resort-style use of a tennis court, a fully equipped gym and an indoor pool. This is the one!

Outgoings:
Council Rates: $479.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,435.00 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 271/183 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$950,500
22 Nov 2023
  • 20 Nov 2023
    Sold for $950,500
  • 26 Oct 2023
    Listed for Sale $950,500
  • 17 Sep 2013
    Sold for $769,000
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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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 169 properties listed for sale, and 228 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1277 properties were sold in the past 12 months in Southbank.

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