4207/245-251 City Road, Southbank, VIC 3006 | Apartment for sale | OnTheHouse
FOR SALE
$450,000 - $490,000

4207/245-251 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 65m2
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Sky-High Living with Unrivalled Bay & Park Views

Perched high on the 42nd floor, this stylish two-bedroom, one-bathroom apartment delivers breathtaking panoramic views stretching from the sparkling waters of Port Phillip Bay to the lush greenery of Albert Park - an uninterrupted outlook that is as rare as it is remarkable.
Thoughtfully designed for modern living, the light-filled open-plan layout boasts floor-to-ceiling windows that capture the ever-changing skyline and flood the space with natural light. The contemporary kitchen features stone benchtops, stainless steel appliances, and ample storage, seamlessly connecting to the spacious living and dining area - ideal for both relaxing and entertaining.
Both bedrooms offer built-in robes and are complemented by a sleek central bathroom with quality finishes. Residents also enjoy access to premium building amenities including a fully equipped gym, heated indoor pool, and secure entry.
Ideally located in the heart of Southbank, you're just moments from Crown Entertainment Complex, South Melbourne Market, the Arts Precinct, public transport, and the CBD.
Whether you're an owner-occupier seeking a vibrant lifestyle or an investor chasing a high-demand location with impressive rental returns, this apartment offers a standout opportunity.
Don't miss your chance to own one of Southbank's finest views.
Gavin Liu on 0406 679 777 or Michael Pang on 0433 251 737
*******(Photo ID must be presented upon all Inspections).*******
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Property Details for 4207/245-251 City Rd, Southbank

4207/245-251 City Rd, Southbank is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 65m2. The place is currently for sale with Hoyee Property Group.

Building Type
Apartment
Floor Size
65m2
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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 29,997 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.
There are currently 153 properties listed for sale, and 148 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1383 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Chloe Zang
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Michael Pang
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Hoyee Property Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.