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5401/7 Riverside Quay
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 135m2
Land area: 135m2
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Property Details for 5401/7 Riverside Qy, Southbank

5401/7 Riverside Qy, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 135m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
135m2
Land Size
135m2
Local Government
Melbourne
Lot/Plan
5401/PS437659

Last Listing description (July 2024)

• Stunning Apartment with Mesmerising Panoramas
• Gorgeous Open-Plan Living and Generous Winter Garden
• Quality Stone Kitchen with High-End Appliances

• Two Extra-Large Bedrooms with Fitted Wardrobes
• Stylish Ensuite plus Modern Second Bathroom
• European Laundry and Ducted Heating/Cooling
• Secure Intercom Entry and 24/7 Concierge
• Indoor Pool, Gym, Sauna and 30-Seat Cinema
• Secure Undercover Car Park on Title (Not Stacker Parking)
• Available with Vacant Possession

A stunning fusion of space and light with million-dollar views, come home to the 54th floor of the iconic Eureka Tower where high-rise luxury lives forever.

Framed by high ceilings and large expanses of glass, the lavish, 135sqm, two-bedroom apartment enjoys star-studded views of one of the most beautiful cities in the world, including the Arts Centre Spire, Myer Music Bowl, MCG, AAMI Stadium, Albert Park Lake and Port Phillip Bay (it looks even more dazzling after dark).

The heart of this luxurious urban escape is undoubtedly the gorgeous open-plan kitchen/living/dining zone that opens directly out to your enclosed winter balcony with window ventilation. The kitchen's sleek, cutting-edge design showcases smooth stone surfaces, generous bench space, custom cabinetry and high-end appliances.

Two extra-large bedrooms both come with built-in robes and breathtaking outlooks. The larger of the two rooms enjoys access to a pristine ensuite including a separate bath and shower. The second bedroom is serviced by another ultra-modern bathroom including a double-length shower.

Other highlights include a stand-alone laundry, ducted heating/cooling plus a secure car park. In the heart of Southbank and walking distance to the CBD, Eureka Tower is still considered one of Melbourne's best residential buildings. Residents enjoy access to resort-level facilities such as a full-service 24/7 concierge, gymnasium, pool and sauna as well as an outdoor terrace plus a 30-seat cinema with a regular calendar of events.

Property History for 5401/7 Riverside Qy, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
24 Jul 2024
  • 24 Jul 2024
    Sold for $1,272,088
  • 01 Jun 2024
    Listed for Sale $1,300,000 to $1,400,000
  • 07 Feb 2006
    Sold for $875,000
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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 28,049 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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Giorgio Fulli
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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.