SOLD
Sold on 12 Sep 2024 for $488,000

802/61 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 63m2
Land area: 911m2
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Property Details for 802/61 City Rd, Southbank

802/61 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 911m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
63m2
Land Size
911m2
Local Government
Melbourne
Lot/Plan
802/PS726526

Last Listing description (September 2024)

North Facing Aspect
Massive Outdoor Terrace
65sqm Internal Space

2 Generous Sized Bedrooms
Internal Euro Laundry
Split System Heating and Cooling

Discover this stunning 2-bedroom, 2-bathroom apartment that combines modern CBD convenience with the natural beauty of the nearby Alexandra Gardens, Kings Domain, and Birrarung Marr gardens. Secure a unique living experience in one of Melbourne's most coveted locations. Situated in the heart of the renowned Melbourne Arts precinct, this property offers unparalleled accessibility.

The show stopper of this property is the vast outdoor terrace, the largest in the building and with a north facing aspect, this rooftop gets plenty of sun and is perfect for entertaining guests both inside and out. This exquisite residence features two generously sized bedrooms, each designed with ample storage space and stylish mirrored built-in robes (BIRs). The two European-styled tiled bathrooms exude luxury, reminiscent of high-end hotels. The open-plan living and kitchen area is bathed in natural light, thanks to expansive windows that offer stunning views and create a spacious, airy atmosphere. The kitchen offers plenty of storage space and sleek stainless steel appliances, including a stovetop, oven, built-in drawer dishwasher, and sink. The seamlessly integrated splash-back adds a touch of elegance, making this kitchen a delightful space for culinary endeavours.

Currently in leased out with the Oaks Hotel this property is great for investment with lifestyle benefits for the seller, or available to occupy with a 90 day notice, perfect for your new home or city pad. Please call Taylor Sims on 0403 485 210.

Property History for 802/61 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$488,000
12 Sep 2024
  • 12 Sep 2024
    Sold for $488,000
  • 07 Aug 2024
    Listed for Sale $480,000 - $520,000
  • 24 Apr 2019
    Listed for Sale $530,000 - $570,000
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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 27,880 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 177 properties listed for sale, and 241 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1230 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Contact agent
Taylor Sims
Show contact details
Ray White Southbank | Port Phillip
Preferred contact:
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.