4. Property Auction Result

241 City Rd, Southbank VIC 3006

241 City Rd, Southbank VIC 3006

unit 2

Sold $650,000 on 2 Jul 2016

Distance To CBD: 1.45 km

Measure Land Size

Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

High ConfidencePrice Estimate*

$550,000 - $690,000

*based on similar properties sold prices

Stamp Duty Calculator

Total

$ 35,540

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $34,070
*based on property value $650,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,791

Total interest payable $484,930

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $520,000 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
1115/83 Queens Bridge Street 2 $620,000
2/100 Coventry Street 2 $730,000
1801/39 Coventry Street 2 $678,000
5/95 Dodds Street 2 $635,000
4206/45 Clarke Street 2 $590,000
98/1 Riverside Quay 2 $650,000
911/45 Haig Street 2 $520,000
1217/39 Coventry Street 2 $390,000

Comparable Rent Properties

Address Rent Price
AU 5706/70 Southbank Blvd 2 $720 p/w
4018/70 Southbank Blvd 2 $810 p/w
2104/60 Dorcas Street 2 $780 p/w
2604/70 Southbank Boulevard 2 $800 p/w
AU 3906/70 Southbank Blvd 2 $700 p/w
3918/70 SOUTHBANK BOULEVARD 2 $800 p/w
1412/39 Coventry St 2 $650 p/w
2403/105 Clarendon Street 2 $730 p/w
Auction History - Southbank, VIC 3006
2024 April
Address Price Result*
805/14 Kavanagh St N/A W 2
154/173 City Rd N/A PI 2
7/108 Southbank Blvd $715,000 S 2
91/1 Riverside Qy N/A W 2
2024 March
Address Price Result*
7408/70 Southbank Blvd N/A W 3
111/102 Wells St $622,000 S 1

Southbank, VIC 3006
(1.04 km to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Surrounding Suburbs

Nearby Train Stations

1.02 km Flinders Street Station
1.08 km Southern Cross Station
1.65 km Flagstaff Station

Nearby Schools

0.49 km Victorian College Of The Arts Secondary School
1.1 km Stott's College
1.16 km Galilee Regional Catholic Primary School
1.03 km Montague Continuing Education Centre
1.35 km New Generation College
1.5 km Taylors Senior College
1.51 km MacRobertson Girls High School
1.75 km Albert Park Primary School
1.75 km Albert Park College
1.91 km Ozford College