OFF MARKET

3505/283 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 76m2
Land area: 4484m2
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Last updated 11 Nov 2024
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Property Details for 3505/283 City Rd, Southbank

3505/283 City Rd, Southbank is a 2 bedroom, 2 bathroom House and was built in 2011. The property has a land size of 4484m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in February 2012.

Building Type
House
Year Built
2011
Floor Size
76m2
Land Size
4484m2
Local Government
Melbourne
Lot/Plan
3505/PS618951

Last Listing description (November 2024)

The superb 2 bedroom apartment consisting of a hostess kitchen with stainless steel appliances, living room opening onto your private balcony with Botanical gardens views,

Beautifully designed and offer generous living areas, light-filled and modern fittings. Equipped with high quality appliances, air-conditioning and secure undercover car parking included, these apartments are a rare find in Melbourne's prime location.

Located on City Road in the heart of the Crown Precinct, rich in culture and entertainment, the Crown Precinct is home to Victoria's Crown Casino and Entertainment Complex, the Arts Precinct, Eureka Tower and a prestigious selection of fine restaurants, bars, cafes and night clubs. Melbourne's vibrant streets appeal to both locals and global travelers, making it a cultural focal point of Melbourne.

Property History for 3505/283 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$665,000
16 Feb 2012
Listed for Rent
$670/w
03 Oct 2022
  • 28 Oct 2024
    Listed for Rent $735 / week
  • 20 Sep 2022
    Listed for Rent $670 / week
  • 09 Jul 2021
    Listed for Rent $520 / 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 27,879 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 177 properties listed for sale, and 236 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1230 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.