OFF MARKET

275/173 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
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Property Details for 275/173 City Rd, Southbank

275/173 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2004
Floor Size
58m2
Local Government
Melbourne
Lot/Plan
275/PS504942

Last Listing description (September 2022)

Located in a sought after pocket of Southbank, this immaculately presented apartment is just a stones throw from everything the city has to offer. Within walking distance to Crown Entertainment Complex, Southgate shops and restaurants, the Yarra River, and the Central Business district.

Accommodation: Comprising spacious open plan lounge and dining area with reverse-cycle heating/cooling, enjoy plenty of natural light via oversized windows, your own undercover balcony, modern kitchen features granite benchtops, stainless steel appliances and an integrated Miele dishwasher, with mirrored built-in robes in the bright and large bedroom.


Features: Euro laundry in bathroom, advanced building security, 7-day concierge service, resort-style communal facilities including glass-roofed indoor pool, gymnasium, tennis court and garden courtyard.

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Property History for 275/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$360,000
23 Aug 2022
Listed for Rent
$430/w
06 Sep 2022
  • 23 Aug 2022
    Sold for $360,000
  • 15 Aug 2022
    Listed for Rent $430 / week
  • 27 Apr 2022
    Listed for Sale $360,000
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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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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.