OFF MARKET

3110/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 4484m2
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Property Details for 3110/283 City Rd, Southbank

3110/283 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 4484m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2011
Floor Size
63m2
Land Size
4484m2
Local Government
Melbourne
Lot/Plan
3110/PS618951

Last Listing description (March 2023)

Overlooking the blue-water beauty of Port Phillip Bay in spectacular style, this sky-high 2 bedroom sensation makes a sweeping statement in a central Southbank location. Head downstairs and explore a neighbourhood favoured by choice with a short stroll to South Melbourne Market, Clarendon Street cafes, Melbourne Square Woolworths, Crown and riverside restaurants within striking distance of the CBD.

Positioned to perfection 31 floors high in the sought-after Bank Apartments complex, discover wide-reaching open-plan living/dining, complemented by a stone-topped kitchen boasting plus a dishwasher. Enjoy a private undercover balcony showcasing a stunning panorama extending across the blue waters of Port Phillip Bay. Generous in scale and naturally lit, a pair of mirror-robed bedrooms are serviced by a sparkling bathroom graced with a fully tiled oversized shower.


Comprehensive features include secure parking, a large concealed laundry, roller blinds, recessed down-lighting, a 6-star energy efficiency rating, split-system heating/cooling, video intercom and swipe entry. Take advantage of a welcoming 24-hour concierge with exclusive resort-style access to a residents lounge and business centre, a fully equipped gym, spa, sauna, indoor pool, and a BBQ terrace.

Property History for 3110/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$475,000
15 Mar 2022
Listed for Rent
$650/w
28 Feb 2023
  • 28 Feb 2023
    Listed for Rent $650 / week
  • 15 Mar 2022
    Sold for $475,000
  • 08 Mar 2022
    Listed for Sale $475,000
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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 27,879 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 183 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.