SOLD
Sold on 29 Feb 2024 for $770,000

3200/241-243 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 2531m2
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Property Details for 3200/241-243 City Rd, Southbank

3200/241-243 City Rd, Southbank is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 2531m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2012
Floor Size
86m2
Land Size
2531m2
Local Government
Melbourne
Lot/Plan
3200/PS638212

Last Listing description (March 2024)

This exquisite 3-bedroom apartment on the 32nd floor of the Mainpoint complex is a rare gem in the heart of Melbourne. Offering unparalleled views of the CBD and the neighbourhood from its north-eastern facing position, this corner unit is a showcase of elegance and quality. The apartment comes with reverse cycle air conditioning in every room, a dedicated car parking space and a storage cage on Level 2.

As you enter the recently refreshed apartment, you will be greeted by a sleek entrance hallway that leads to a gourmet kitchen with stone benchtops with waterfall edge and full suite of integrated Miele appliances. The open-plan living and dining area is spacious and inviting, with floor-to-ceiling, double-glazed glass windows that flood the space with natural light. The master bedroom features mirrored built-in robes, and a luxurious ensuite, while the other two bedrooms have mirrored built-in robes. The designer central bathroom has a laundry facility for your convenience.

The Mainpoint complex offers a range of amenities, including a heated indoor pool, a fully equipped gym, a 24-hour concierge, and high-speed lifts. The location is unbeatable, with Clarendon Street restaurants and shops, South Melbourne Market, Crown Casino, Boyd Community Hub, and many other city attractions within walking distance or a short tram or bus ride.

On your doorstep are supermarkets and a tram stop taking you directly into the heart of the CBD, along with easy access to Flinders Street Station and Southern Cross Station.

- Rental Estimate of $900 - $950 per week

- Low Body Corporate Fees at approximately $3,850 per year

Property Code: 506

Property History for 3200/241-243 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$770,000
29 Feb 2024
Listed for Rent
09 Jan 2023
  • 29 Feb 2024
    Sold for $770,000
  • 01 Feb 2024
    Listed for Sale $780,000
  • 21 Dec 2022
    Listed for Rent - Price not available
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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 27,871 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 167 properties listed for sale, and 222 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1250 properties were sold in the past 12 months in Southbank.

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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.