SOLD
RECENT ADVICE
Sold on 11 Nov 2024 for $310,000

715/31 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Improve this data
Share
Save

Property Details for 715/31 City Rd, Southbank

715/31 City Rd, Southbank is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
715/PS414694

Last Listing description (November 2024)

Nick Tang Property
www.nicktangproperty.com.au

Excellent Investment Return at approx. 9.72% per annum or $31,438 PA. Contact Nick Tang on 0452 549 486 to inspect.

Spectacularly set in the heart of Melbourne's Art Precinct, this fully furnished, one bedroom 'Mantra Southbank" apartment provides a rare blue-chip opportunity for savvy investors or professional couples seeking an outstanding lifestyle proposition.

A mere stroll from Melbourne's premier lifestyle attractions, you can meander along the Southbank Promenade, visit one of the many restaurants, soak up some culture at the Arts Centre or shop until your hearts content at any number of shopping outlets that the CBD is renowned for.

Upon entry, discover a relaxing, open plan living and dining zone with unique feature wall and flat screen television. While the modern kitchen is superbly equipped with a microwave, electric cooktop, refrigerator and Fisher and Paykel dishwasher.

Generously sized, the bedroom boasts mirrored built in robes, master ensuite, study desk and bathroom featuring floor-to-ceiling tiles, vanity, shower over the bath and toilet.

Complemented by a secure intercom entry, lift access, ducted heating and cooling plus resident's facilities that include a heated indoor swimming pool, spa, sauna and gymnasium with breathtaking CBD views.

With unparalleled city-edge convenience, walk to Southbank Promenade, Yarra River cycling trails, The Royal Botanic Gardens, Arts Centre, Federation Square, Crown Casino, Melbourne Aquarium, shops, fine dining, cafes, bars, universities, trams, trains and buses.

Thinking of Selling or wanting an update on your property? Contact Nick Tang on 0452 549 486.

Show More

Property History for 715/31 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$310,000
11 Nov 2024
  • 11 Nov 2024
    Sold for $310,000
  • 29 Nov 2022
    Listed for Sale Sold By Nick Tang Property
  • 30 Mar 2017
    Transferred
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 27,898 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 174 properties listed for sale, and 249 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1231 properties were sold in the past 12 months in Southbank.

Southbank Profile Page

Suburb Insights for Southbank 3006

Visit Southbank profile page
Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Southbank profile page
Contact agent
Nick Tang
Show contact details
Call agent
Daniel Zheng
Show contact details
Call agent
Nick Tang Property
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED