4. Property Information

2511/151 City Road, Southbank VIC 3006


apartment

2

Bedrooms

1

Bathrooms

1

Car Spaces
2511/151 City Road, Southbank VIC 3006
Sold $500,000 on 21 Dec 2022

Distance To CBD: 1.12 km

List: $480,000 - $520,000

Agency: MICM Property - Southbank

Floorplan Nearby Sold Price

Sold

Stamp Duty Calculator

Total

$ 26,540

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $25,070
*based on property value $500,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,147

Total interest payable $373,023

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $400,000 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.
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.
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Comparable Sold Properties

Address Sold Price
1105/105 Clarendon Street 2 $455,000
2705/151 City Road 2 $630,000
1004/45 Clarke Street 2 $575,000
1101/180 City Road 2 $780,000
1403/283 City Road 2 $520,000
3405/45 Clarke Street 2 $508,000
2510/63 Whiteman Street 2 $850,000
7/108 Southbank Boulevard 2 $715,000

Comparable Rent Properties

Address Rent Price
302/102 Wells Street 2 $760 p/w
4401/18 Hoff Boulevard 2 $750 p/w
4607/70 Southbank Boulevard 2 $780 p/w
unit 249/183 City Road 2 $760 p/w
2705/63 Whiteman Street 2 $680 p/w
3002/283 City Road 2 $620 p/w
110/1 Riverside Quay 2 $725 p/w
201/83 Whiteman Street 2 $720 p/w
Auction History - Southbank, VIC 3006
2024 April
Address Price Result*
8/1 Riverside Qy N/A PI 2
2/104 Coventry St N/A W 2
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

0.63 km Flinders Street Station
1.05 km Southern Cross Station
1.5 km Melbourne Central Station

Nearby Schools

0.54 km Victorian College Of The Arts Secondary School
0.73 km Stott's College
1.01 km New Generation College
1.21 km Taylors Senior College
1.53 km Ozford College
1.56 km Galilee Regional Catholic Primary School
1.58 km MacRobertson Girls High School
1.42 km Montague Continuing Education Centre
1.69 km Holmes Secondary School
1.65 km Melbourne Grammar School