SOLD
Sold on 01 Aug 2024 for $630,000

277/183 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 1049m2
Sold By
MICM Real Estate
Save

Property Details for 277/183 City Rd, Southbank

277/183 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1049m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
75m2
Land Size
1049m2
Local Government
Melbourne
Lot/Plan
CT277/PS504942

Last Listing description (August 2024)

A spectacular mix of wide-reaching space, abundant natural light and a commanding corner placement, this updated 2 bedroom apartment is impeccably maintained on the 27th floor of sought-after City Tower. The superbly central neighbourhood speaks for itself. Simply stroll to Crown, the arts precinct, Boyd Community Hub, Melbourne Square Woolworths, South Melbourne Market, the wide open greenery of the Royal Botanic Gardens and the riverfront restaurants of Southbank Promenade. Your search ends here!

Stretching out over an impressive 81 sqm (approx.) of freshly painted internal space, vast open-plan living and dining is complemented by a black granite-topped kitchen boasting upgraded appliances including a full-sized dishwasher. Entertain in style under a sheltered balcony with extensive views sweeping over the Yarra River towards the soaring city and Docklands skylines. Both mirror-robed bedrooms are naturally lit and generously sized, superbly serviced by a deluxe bathroom featuring a shower over a bath and a marble-finished vanity.

Additional features include undercover parking, European laundry with a wall-mounted dryer, recently updated ducted heating/cooling, air conditioning in one of the bedrooms, sleek floorboards, block-out blinds and recessed down-lighting. Sensational City Tower is graced with intercom security, a helpful 24/7 concierge and start your day on a high with premium resort-style use of a fully equipped gym, a heated indoor pool and a tennis court. Be quick as this one will be popular!

Outgoings:
Council Rates: $392.00 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $1,363.00 per quarter approx.

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

Property History for 277/183 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$630,000
01 Aug 2024
Listed for Rent
$625/w
29 Mar 2023
  • 01 Aug 2024
    Sold for $630,000
  • 22 Jul 2024
    Listed for Sale $630,000
  • 17 Mar 2023
    Listed for Rent $625 / week
Sign in to see more transactions

Commute Calculator

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 28,059 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 170 properties listed for sale, and 229 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1265 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.