FOR SALE

287/183 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 1049m2
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This property is currently on the market
Prime Location, Luxurious Lifestyle, Southbank Gem
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Property Details for 287/183 City Rd, Southbank

287/183 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1049m2 and floor size of 83m2.This Property is currently listed for sale with Melcorp Property

Building Type
Unit
Year Built
2003
Floor Size
83m2
Land Size
1049m2
Local Government
Melbourne
Lot/Plan
CT287/PS504942

Last Listing description (September 2024)

Discover the perfect blend of expansive living, natural light, and an enviable corner position in this meticulously maintained 2-bedroom apartment on the 28th floor of the prestigious City Tower. Located in the heart of Southbank, you'll be just steps away from Crown, the arts precinct, Boyd Community Hub, Melbourne Square Woolworths, South Melbourne Market, the lush Royal Botanic Gardens, Queensbridge Street Tram, the riverside dining of Southbank Promenade and Flinder. This is where your search ends!

The apartment features an open-plan living and dining area, and the stone kitchen is fitted with quality appliances including a stainless steel oven and cooktop, including a full-sized dishwasher. Both bedrooms, fitted with mirrored robes, are generously sized and. The renovated bathroom features a shower-over-bath combination.

Additional highlights include undercover parking, the European laundry with a wall-mounted dryer, air conditioning in bedroom, sleek floorboards, block-out curtains and recessed downlighting. City Tower offers exceptional amenities, including intercom security, a 24/7 concierge, a fully equipped gym, a heated indoor pool, and a tennis court. This is a rare opportunity that won't last long-act quickly!

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Property History for 287/183 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$555,000
25 Feb 2021
Listed for Rent
$675/w
23 Nov 2023
  • 16 Aug 2024
    Listed for Sale $600,000 - $640,000
  • 08 Nov 2023
    Listed for Rent $675 / week
  • 25 Feb 2021
    Sold for $555,000
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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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