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406/250 City Road, Southbank$380,000
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For Saleapartment

406/250 City Road

Southbank, VIC 3006, Australia
$380,000
2 bed 1 bath

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About this property

Boasting impressive city views, this stylish two-bedroom apartment promises a premium lifestyle in a superbly convenient location, with this celebrated address only steps from Crown Casino, South Melbourne Market and Flinders Street Station with tram stop just across the road. Completed with new carpet in every rooms with living room overseen by a modern kitchen boasting a crisp white design and integrated appliances. This excellent apartment is complimented by well-proportioned living quarters, comprising 2 bedrooms both with built in robes and sparkling central bathroom with European laundry. This impeccably styled and elegantly designed apartment is a step-above the rest, premium fixtures and generous dimensions. Excellent features include built-in robes in both bedrooms, air-conditioning and floor-to-ceiling windows in the master bedroom with own balcony. Secure intercom entry, and exclusive access to a fully-fitted gym. Ideal for first-home buyers, investors and downsizers alike. This sensational location has something for everyone. Rental estimate $580-$620/week. Property Code: 706

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
2 months ago

Repayment calculator

$1,842/month
$921 /fortnight
Loan $304,000 at 6.10% over 30 years

Upfront costs

Deposit$76,000
Stamp duty$17,870
Conveyancing (est.)$2,000
Total upfront$95,870
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.

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Neighbourhood

Living in Southbank

This 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $540,000 median of 68 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

  • Moray Street/City Road (bus)46 m away
  • Thirsty Camel51 m away
  • Boyd Community Park127 m away
  • Unnamed306 m away
  • Unnamed369 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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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

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