OFF MARKET

3509/11 Bale Circuit
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 3509/11 Bale Cct, Southbank

3509/11 Bale Cct, Southbank is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
3509W/PS801141

Last Listing description (January 2023)

This generous apartment with approximately 77sqm of space features:

Be the first to enjoy:
* Stunning views on level 35

* Light colour scheme
* Architecturally designed Miele kitchen with stunning overhead storage and island bench
* Fully appointed bathrooms with ample storage
* Timber flooring to living and kitchen
* Bedrooms offer plush carpets with full BIR's

AMENITIES
Melbourne Square's resort-style facilities will be absolutely phenomenal, where residents will be able to enjoy a sumptuous lobby with concierge service, stunning podium and rooftop gardens with a sub-tropical theme, luxurious pool and gym, spa, cinema, golf simulator, private sky dining and bar, yoga studio, massage rooms, demonstration kitchen, and children's play area. The Melbourne Square development will also include a Hilton Hotel, childcare facilities, and a Woolworths supermarket.

LOCATION
Located on the corner of Power Street and Kavanagh Street, Melbourne Square gives you access to the best of Southbank and beyond. You're moments to Melbourne's Arts and Cultural precinct, world-class Crown Entertainment Complex, Boyd Community Hub, Southbank Promenade, Royal Botanic Gardens, Clarendon Street shops and eateries, South Melbourne Market, an abundance of amazing CBD attractions, trams on Queensbridge Street, and Flinders Street Station.

Property History for 3509/11 Bale Cct, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$701,080
06 May 2022
Listed for Rent
$650/w
19 Jan 2023
  • 03 Oct 2022
    Listed for Rent $650 / week
  • 06 May 2022
    Sold for $701,080

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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 27,866 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 201 properties listed for sale, and 218 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1240 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.