OFF MARKET

905/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low
High
Share
Save

Property Details for 905/245-251 City Rd, Southbank

905/245-251 City Rd, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
905/PS811538

Last Listing description (November 2024)

This nearly new 2 bedroom 2 bathroom apartment in the brand new Palladium Tower is in a prime location between South Melbourne and the City of Melbourne.

Enjoy the vibrant location of Southbank with its popular Southbank Boulevard, Crown precinct and the convenient short walk to South Melbourne Markets.

A spacious floor plan with luxury finishes features a modern colour scheme, quality timber floors in living area, cosy carpets throughout the bedrooms and roller block out blinds. The well thought out kitchen providing maximum bench space includes dishwasher, gas stove with multiple burners and popular branded oven and microwave. The modern, spacious bathroom awakes luxury feels with walk-in shower, vanity and shelf storage and concealed laundry with space for washing machine and dryer (dryer is included). The central living area with downlights features reverse cycle air conditioning/heating, television and internet access and floor to ceiling window views with access to the private balcony. Both bedrooms complete the comfort of Southbank living with built in wardrobes.

Additional features include a secure car space, secure swipe entry with intercom, building concierge, high end bay view facilities include gym, large infinity pool and sauna. Private function rooms facing Melbourne City are accessible exclusively by residents. For your convenience a Woolworths Metro Supermarket is located on the ground-floor of this latest addition to Southbank living opportunities.

This apartment comes with 1 car space & 1 storage cage.

Internal Area: approx. 87.2 sqm
External Area: approx. 127 sqm
Total Area: approx. 214.2 sqm

Show More

Property History for 905/245-251 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Listed for Rent
$800/w
05 Dec 2023
  • 19 Jul 2024
    Listed for Rent $800 / week
  • 02 May 2023
    Listed for Sale Contact Agent
  • 24 Feb 2022
    Listed for Rent $800 / week

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 27,867 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 200 properties listed for sale, and 221 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 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
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