OFF MARKET

2807/250 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
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Last updated 11 Nov 2024
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Property Details for 2807/250 City Rd, Southbank

2807/250 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2015
Floor Size
56m2
Local Government
Melbourne
Lot/Plan
2807/PS630696

Last Listing description (May 2022)

Absolutely superbly positioned on level 28 of the Bella apartment complex, this two bedroom, showcase light filled apartment features a sensational north - westerly aspect, fabulous wide ranging views, beautiful polished timber floors and is ready to move in an totally enjoy yourself or a prime investment opportunity in this popular high demand city fringe building. A totally convenient City Road position with transport options, South Melbourne Market, Crown Entertainment Complex, cafes, Southbank Promenade, Convention Centre and South Wharf shopping all close by.

Includes secure intercom entry and lift access, the apartment comprises an excellent living and dining zone with floor to ceiling windows opening to a full width balcony, a well appointed kitchen area, stone bench tops and Bosch appliances including gas cook top, under bench oven and dishwasher. Both bedrooms have mirrored built in robes and openable windows, serviced by a stylish central bathroom and Euro Style laundry.

Additional features include split system heating and cooling, and resident access to level three gymnasium.

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Property History for 2807/250 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$451,000
29 Mar 2022
Listed for Rent
$360/w
22 Feb 2021
  • 29 Mar 2022
    Sold for $451,000
  • 25 Mar 2022
    Listed for Sale $451,000
  • 02 Apr 2020
    Listed for Rent $360 / week
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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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

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