2007/245 City Road Southbank VIC 3006
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Modern City Living with Style and Convenience
Property Details for 2007/245 City Rd, Southbank
2007/245 City Rd, Southbank is a 2 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Southbank | Port Phillip.
About Southbank 3006
The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2016 was 18709 people. By 2021 the population was 22631 showing a population growth of 21.0% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation.In 2021, 30.30% of the homes in Southbank were owner-occupied compared with 33.80% in 2016.
Southbank has 29,994 properties. Over the last 5 years, Houses in Southbank have seen a -50.41% decrease in median value, while Units have seen a 2.63% increase. As at 30 November 2025:
- The median value for Houses in Southbank is $750,597 while the median value for Units is $556,793.
- Houses have a median rent of $680 while Units have a median rent of $680.
Suburb Insights for Southbank 3006
Market Insights
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Neighbourhood Insights
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