Home/Properties/Southbank/7/161 Sturt Street
7/161 Sturt Street, Southbank$400,000
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For Saleapartment

7/161 Sturt Street

Southbank, VIC 3006, Australia
$390,000 – $410,000
1 bed 1 bath 1 car

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About this property

Ideally located in the heart of Southbank you are only a short distance to South Melbourne Market, Southgate, the Arts Centre, Botanical Gardens and the CBD. Not mention the tram stop just on your step. You won't want to live anywhere else! The well designed floor plan makes use of all available space, offering a generous bedroom with built in wardrobe, a large open plan living and dining area with access to a private balcony with city views, a well appointed kitchen with ample bench and cupboard space and a clever central bathroom incorporating a hideaway laundry and a handy storage alcove. Features: Secure undercover car park on title. Public transport at your door step allows for easy and convenient travel to all locations. Residents enjoy use of complex gymnasium. Body corporate: $2,996, council rates: $1,018, water rates: $650 per year. Current rental $1,674/month, vacant possession is available on Dec 2022. Vendor says sell it. For more information, please contact Stephen Shen on 0468 955 586.

Property Details

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

Repayment calculator

$1,939/month
$970 /fortnight
Loan $320,000 at 6.10% over 30 years

Upfront costs

Deposit$80,000
Stamp duty$19,070
Conveyancing (est.)$2,000
Total upfront$101,070
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.

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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 41% below the $674,000 median of 58 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)518 m away
  • AWM Electrical & Data Suppliers423 m away
  • Sturt Street Reserve232 m away
  • Kings Business Park283 m away
  • Unnamed353 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 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

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Price history

Price history

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1 price change recorded for this property

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