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61/173 City Road, Southbank$880,000
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For Saleapartment

61/173 City Road

Southbank, VIC 3006, Australia
$880,000
3 bed 1 bath 1 car117 m²

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About this property

A light-filled celebration of vast family-sized space, this affordable 3 bedroom, 2 balcony apartment is positioned to please in a coveted corner setting. Head downstairs and a dynamic city-edge neighbourhood is ready to be explored. Take a short walk to Melbourne Square Woolworths, South Melbourne Market, Boyd Community Hub, South Melbourne Primary School, Crown, the arts precinct, and the riverside restaurants lining Southbank Promenade. This is the one! Discover wide-reaching open-plan living and dining complemented by a granite-topped kitchen boasting a breakfast bar and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Perched on the sixth floor of the magnificent Melbourne Tower complex, step outside to a primary balcony overlooking City Road with commanding views towards the city skyline. A second balcony/courtyard is enhanced by secure gated entry to the resort-grade facilities including an indoor lap pool, a fully equipped gym, and a tennis court. This convenient feature is a true time saver! All three mirror-robed bedrooms are generous in size and drenched in light, serviced by a deluxe bathroom with floor-to-ceiling tiles, marble detailing, and a sparkling shower over a bathtub. Additional features include secure car parking, a large Euro-style laundry with a sink and wall-mounted dryer, ducted heating and cooling, double glazing, slimline Venetian blinds, intercom security, and a 24/7 concierge. An inspection will be rewarded! Outgoings: Council Rates: $417.00 per quarter approx. Water Rates: $172.00 per quarter approx. Owners Corporation Fees: $1,785.00 per quarter approx. Potential Rental Income: $800 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
117 m²
Listed
3 months ago

Repayment calculator

$4,266/month
$2,133 /fortnight
Loan $704,000 at 6.10% over 30 years

Upfront costs

Deposit$176,000
Stamp duty$47,870
Conveyancing (est.)$2,000
Total upfront$225,870
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 3-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 14% above the $771,000 median of 73 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)238 m away
  • Unnamed83 m away
  • Unnamed142 m away
  • Boyd Community Park170 m away
  • Unnamed253 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 3 bed

Compound growth +1.5% / yr over 4 yrs

$1.03mcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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