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3105/57-61 City Road

Southbank, VIC 3006, Australia
$300,000
1 bed 1 bath

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Area Price Guide
$282,000$318,000

Indicative price guide range

🏘️
82
Comparable
📊
$680,000
Area median
⚖️
-56%
vs median
🗓️
3 weeks ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

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Zoning

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Public transport

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Traffic

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Flood risk

Medium

Southbank is situated in the Yarra River floodplain and is subject to Victoria's Land Subject to Inundation Overlay (LSIO). While the area has undergone significant urban renewal and modern flood-aware development, properties remain at medium flood risk due to proximity to the Yarra River and its tributary systems. Planning approval and detailed flood risk assessment are typically required for new works or substantial renovation.

Bushfire risk

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Crime profile

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Nearby development

6 projects nearby

Southbank is a mature urban renewal precinct experiencing continued mixed-use intensification focused on riverfront activation, residential growth and cultural precinct expansion. Development activity concentrates on high-density residential towers, mixed-use cultural-retail integration, and public realm improvements, with significant activity also in adjacent precincts (Fishermens Bend, St Kilda Road corridor) driving broader inner-city renewal. Council support for arts, culture and residential infill remains strong, with most recent DAs reflecting demand for premium inner-city apartments and hospitality-led mixed-use schemes.

Heritage

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Sources: Australian Gov open data + StMate AI
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Property Photos

Property Features

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    Repayment calculator

    $1,454/month
    $727 /fortnight
    Loan $240,000 at 6.10% over 30 years

    Upfront costs

    Deposit$60,000
    Stamp duty$13,070
    Conveyancing (est.)$2,000
    Total upfront$75,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Listed
    3 weeks ago

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