407/250 City RoadSouthbank VIC 3006
Property Details for 407/250 City Rd, Southbank
407/250 City Rd, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 563m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
Located in the heart of Southbank, this 1 bedroom apartment with a massive terrace will certainly please. A home of sizeable proportions for an owner occupier or an investor looking to start or add to their property portfolio.
Large open plan dining and living area flowing onto the South West facing terrace paved with groutless outdoor tiles.
The galley style kitchen with a subway tiled splashback and integrated stainless steel appliances including a 4 burner gas stovetop, electric oven and dishwashing machine. Plenty of above and below bench storage.
A stylish contemporary apartment with floor to ceiling windows and carpeted main areas.
The bedroom with openable windows incorporates a mirrored built in robe.
2 tone fully tiled splashback with a mirrored cabinet.
Other features include:
- Reverse cycle air-conditioner
- Storage cage on a separate title
- Separate European laundry
- Complex gymnasium
Tram Line at your front door.
Large array of cafes and restaurants in the precinct to enjoy. Plenty of things to do and enjoy indeed.
Crown Entertainment Complex 450 metres away, 950 metres to the CBD and 950 metres to South Melbourne Market.
Deposit: 10%
Settlement: 30 days
Property History for 407/250 City Rd, Southbank, VIC 3006
- 13 May 2023Sold for $324,000
- 14 Apr 2023Listed for Sale Contact Agent
- 29 Apr 2020Listed for Rent $330 / 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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:
- The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
- Houses have a median rent of $670 while Units have a median rent of $650.
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