OFF MARKET

2903/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 2903/245-251 City Rd, Southbank

2903/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
2903/PS811538

Last Listing description (April 2023)


This contemporary apartment is sure to impress! The beautiful hard wood floors and open living plan will give the space a modern and airy feel. The mirrored splash back in the kitchen adds a unique touch, with Miele cooking appliances and stone bench tops will add a luxurious touch. Each bedroom features mirrored built in robes that will give you plenty of storage options, while the bathroom vanity storage will keep your bathroom looking neat and tidy. All in all, this apartment has everything you need to make living comfortable and stylish.

Additional features include a personal study nook, fully appointed Euro style laundry, split system heating & A/C, telecom, secure car space and a storage unit.

Make the most of the Palladium Tower amenities on Levels 40 and 41 featuring health and wellbeing facilities with stunning bay views. The retreat includes a spectacular 60-square meter pool, steam room and a large gym fitted with world-class equipment including treadmills, spin bikes and rowing machines.

Show guests the true meaning of city luxe from the Palladium Terrace and Lounge. Comprising more than 400 sqm of indoor and outdoor space, it provides the perfect place to entertain.

Whether you're looking for the perfect place to call home, or even a high quality investment property this is it! Enjoy being surrounded by the hustle and bustle of the city, with the convenience of having restaurants, bars, and shopping all within walking distance. Make this your dream home today and experience all that city living has to offer."

Property History for 2903/245-251 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$550,000
24 Feb 2023
Listed for Rent
$540/w
13 Jan 2022
  • 24 Feb 2023
    Sold for $550,000
  • 02 Feb 2023
    Listed for Sale $585,000 - $635,000
  • 07 Oct 2021
    Listed for Rent $540 / 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 27,878 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 179 properties listed for sale, and 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.