OFF MARKET

403/25 Coventry Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 30 Sep 2024
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Property Details for 403/25 Coventry St, Southbank

403/25 Coventry St, Southbank is a 1 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Melbourne

Last Listing description (January 2020)

Phone Enquiry Property ID: 4298

Project nearby to the arts and cultural precinct of the St Kilda Road Boulevard, the Shrine of Remembrance, the magnificent Kings Domain and Royal Botanic Gardens, and within close proximity to public transport and internationally renowned sporting arenas.


It is 1.3km to the CBD, only a 400m walk from the Royal Botanic Gardens and only 150m from St Kilda Raod which is a tram transport thorough fare to the city and to surrounding suburbs.

Elegance has been achieved throughout the building with the use of natural stone, timber, luxe fabrics and lustrous materials. Resident facilities include lounge and seating area, boardroom, meeting room, heated lap pool, gym, landscape courtyard, BBQ, outdoor fire place, seating and TV room and also residents kitchen and dining area.

Inside apartments, the balance between function and style has been met. The internal design maximises the views surrounding the building and apartments include abundant natural light.

The unit is a nomination sale which means potential buyers (even not first home buyers) are able to save substantial amount on stamp duty. It is a one bed +study north facing with city views, anticipate to be settled early 2020. Size of the study is large enough to fit in a single bed and bedside table therefore could be easily converted to be a second bedroom.

Property History for 403/25 Coventry St, Southbank, VIC 3006

A timeline of how this property has performed in the market
  • 29 Oct 2019
    Listed for Sale $595,000

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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 28,054 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 171 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1273 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.