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1602/81 City Road, Southbank$455,000

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For Saleapartment

1602/81 City Road

Southbank, VIC 3006, Australia

$440,000 – $470,000

1 bed 1 bath

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About this property

Positioned on the 16th floor of a well-maintained building, this one-bedroom apartment offers a practical layout and convenient inner-city living in the heart of Southbank. The apartment features an open-plan living and dining area with good natural light, flowing through to a private balcony. The kitchen is equipped with modern appliances and ample storage, suitable for both owner-occupiers and investors. The bedroom is well-proportioned, with built-in wardrobes. Located within close proximity to Crown Entertainment Complex, Southbank Promenade, public transport, and Melbourne CBD, this property presents an excellent opportunity for buyers seeking lifestyle and accessibility.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Listed: 1 month ago

Repayment calculator

$2,206/month

$1,103 /fortnight

Loan $364,000 at 6.10% over 30 years

Upfront costs

Deposit$91,000

Stamp duty$22,370

Conveyancing (est.)$2,000

Total upfront$115,370

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Neighbourhood

Living in Southbank

This 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 21% below the $575,000 median of 63 comparable apartmentswithin 5 km.

Schools near Southbank

South Melbourne Primary Schoolprimary · Prep-6 · CoEd
Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

Stop 116: City Road (tram) — 604 m away
Unnamed — 449 m away
Unnamed — 87 m away
Unnamed — 113 m away
Unnamed — 118 m away

Southbank at a glance

Full suburb profile

Population: 22,631
Median age: 31
Household income: $1,926/wk
Median rent: $411/wk
Median mortgage: $1,900/mo

Source: ABS Census.

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