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709/31 City Road, Southbank$390,000
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For Saleapartment

709/31 City Road

Southbank, VIC 3006, Australia
$375,000 – $405,000
1 bed 1 bath 1 car55 m²

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About this property

Fully furnished and beautifully presented, this exceptional one-bedroom residence offers a rare opportunity to secure a turnkey home or investment in one of Southbank's most coveted locations. Enjoying an enviable east-facing aspect, the apartment showcases breathtaking views across Olympic Boulevard to the iconic Arts Centre Melbourne Spire, with the MCG and AAMI Park creating an impressive backdrop to everyday living. Bathed in natural light, the spacious open-plan living and dining domain is enhanced by soaring ceilings and floor-to-ceiling glazing, creating a wonderful sense of space while framing Melbourne's most recognizable landmarks. A dedicated built-in study nook further enhances the versatility of the floorplan, providing the perfect space for those working from home. The contemporary kitchen has been thoughtfully designed with quality stainless steel appliances, generous bench space and excellent storage, making it ideal for both everyday living and effortless entertaining. The oversized bedroom is a peaceful retreat complete with built-in robes and spectacular outlooks, while the spacious bathroom features a full-sized bath, quality finishes and ample storage. A separate European laundry, ducted heating and cooling, and the inclusion of all furniture and furnishings ensure immediate comfort and convenience from day one. Adding further appeal, the apartment includes a secure car space (not stacker parking), an increasingly valuable feature in this tightly held precinct. Residents also enjoy exclusive access to premium resort-style amenities, including an indoor swimming pool, spa, sauna, fully equipped gymnasium, as well as the convenience of an on-site restaurant and bar. Perfectly positioned just moments from the Yarra River promenade, Melbourne's renowned Arts Precinct, Crown Entertainment Complex, the Royal Botanic Gardens and an outstanding selection of cafés, restaurants and boutique shopping, this outstanding residence delivers an enviable inner-city lifestyle with every convenience at your doorstep. Whether you're seeking a luxurious city home, an executive Melbourne base or a high-performing investment, this fully furnished apartment is ready to be enjoyed from the moment you take ownership. Please note: Any reference to internal or external floor size or square meterage has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly encourage all interested parties to conduct their own due diligence before making a property purchase.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
55 m²
Listed
1 week ago

Repayment calculator

$1,891/month
$945 /fortnight
Loan $312,000 at 6.10% over 30 years

Upfront costs

Deposit$78,000
Stamp duty$18,470
Conveyancing (est.)$2,000
Total upfront$98,470
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 43% below the $680,500 median of 60 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)749 m away
  • Unnamed599 m away
  • Unnamed205 m away
  • Unnamed212 m away
  • Unnamed218 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 -3.2% / yr over 4 yrs

$386kcurrent median

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Price history

Price history

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1 price change recorded for this property

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