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Sold on 01 Dec 2023 - Price Unavailable

5203/11 Bale Circuit
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 130m2
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Property Details for 5203/11 Bale Cct, Southbank

5203/11 Bale Cct, Southbank is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 130m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
130m2
Land Size
130m2
Local Government
Melbourne
Lot/Plan
5203W/PS801141

Last Listing description (December 2023)

• Luxury penthouse on the 52nd floor of Melbourne Square
• Stunning setting of light and space with floor-to-ceiling windows throughout
• Open plan living/dining and glamorous kitchen with Miele appliances

• Palatial master bedroom, including a designer ensuite bathroom
• Full laundry, two parking spaces and a storage cage
• 5-star amenities include pools, spas, gyms, golf simulator, dining rooms, a cinema and many more
• Available with vacant possession

Luxuriously appointed and bathed in streams of sunshine, this incredible penthouse apartment is enviably positioned on the 52nd floor - and is the crowning glory of the exclusive and highly sought-after Melbourne Square building.

Taking in unrivalled panoramic views of the city, Port Phillip Bay and Albert Park Lake, the first-class residence really is poised for a lifestyle beyond compare. Offering house-sized proportions enhanced by vast expanses of floor-to-ceiling glass, among its many highlights is an open plan living/dining zone featuring uninterrupted views of the Port Phillip Bay and the Albert Park Lake, along with a glamorous entertainer's kitchen highlighting lavish marble surfaces and prestige Miele appliances.

The palatial master bedroom will impress thanks to its designer ensuite (with spectacular views) while an equally stylish main bathroom services the remainder of the property. Complementing the master bedroom is a hallway dedicated purely to built-in-robes, whilst two other spacious bedrooms also feature ample storage space.

Flaunting only the finest of finishes throughout, the breathtaking home also boasts heating/cooling, secure entry, a full laundry, two parking spaces and a storage cage.

Melbourne Square offers world-class on-site amenities including a stunning pool and spa, rooftop gardens, a residents' lounge, cinema, yoga studio, gym and golf simulator to name a few, as well as a decadently appointed lobby with concierge service.

This unparalleled Southbank address is close to everything anyone could possibly wish for when it comes to inner-city living. Southbank's riverfront restaurants and bars, Crown, the Arts precinct and Botanic Gardens are all close by and transport is readily at hand for an easy workday commute.

Property History for 5203/11 Bale Cct, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
01 Dec 2023
  • 28 Nov 2023
    Sold for $1,650,000
  • 25 Sep 2023
    Listed for Sale Contact Agent
  • 02 Aug 2019
    Sold for $1,939,311

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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.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Michael Pastrikos
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Samantha Thomas
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Ray White Southbank | Port Phillip
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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.