SOLD
Sold on 16 May 2024 for $916,000

5512/70 Southbank Boulevard
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 2643m2
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Property Details for 5512/70 Southbank Bvd, Southbank

5512/70 Southbank Bvd, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2018. The property has a land size of 2643m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2018
Land Size
2643m2
Local Government
Melbourne
Lot/Plan
5512/PS732028

Last Listing description (July 2024)

**CONTACT US NOW TO BOOK IN FOR INSPECTION**

Features of the apartment include:
- Large bedrooms with built in wardrobes

- Gas stove top and large stainless steel oven
- Open plan living area
- 2 Bathroom

Building features:
- Level 11 recreational area
- Heated lap pool.
- Indoor cinema room
- Sauna
- Steam Room
- Full size gym
- Virtual golf room.

Situated at 70 Southbank boulevard, Australia 108 has direct access to Melbournes major entertainment precinct, CBD and everything else the worlds most livable city has to offer.

Property History for 5512/70 Southbank Bvd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$916,000
16 May 2024
  • 15 Jul 2024
    Listed for Rent $950 / week
  • 16 May 2024
    Sold for $916,000

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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, 1267 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.