OFF MARKET

3204/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 63m2
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Last updated 11 Nov 2024
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Property Details for 3204/245-251 City Rd, Southbank

3204/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom House and was built in 2021. The property has a floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2021
Floor Size
63m2
Local Government
Melbourne
Lot/Plan
3204/PS811538

Last Listing description (September 2022)

This spacious 2 bedroom 2 bathroom apartment features luxurious finishes with modern colour schemes, hardwood floors and carpet throughout the bedrooms. Floor to ceiling windows and access to a private balcony fill the central living area with light, ideal to create your space to work from home. It features reverse cycle air conditioning/heating, downlights and a well thought out kitchen. Modern finishes complimenting the spacious kitchen including dishwasher, gas stove with multiple burners, popular branded oven and built in microwave. The bathroom awakes luxury feels with walk-in shower, vanity and shelf storage and a concealed laundry with space for washing machine and dryer. Built-in robes in the bedrooms complete the Southbank living style. The ensuite provides just as much space and luxury as the bathroom with its walk-in shower, vanity and WC.

Property History for 3204/245-251 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$596,000
10 Jun 2022
Listed for Rent
$570/w
20 Sep 2022
  • 02 Sep 2022
    Listed for Rent $570 / week
  • 10 Jun 2022
    Sold for $596,000

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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 27,869 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.

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.