1005/9 Power Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

1005/9 Power Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 2760m2
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Property Details for 1005/9 Power St, Southbank

1005/9 Power St, Southbank is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 2760m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
2015
Floor Size
94m2
Land Size
2760m2
Local Government
Melbourne
Lot/Plan
1005/PS633144

Last Listing description (July 2025)

Positioned in a commanding Southbank location, this Prima Pearl residence offers a lifestyle like no other. Offering 2 spacious bedrooms both with floor to ceiling windows over looking an expansive terrace & city skyline. Mirrored walk in robes in each bedroom, master bedroom with huge walk in mirrored built in robes that leads to it's very own private ensuite. An additional separate bathroom complete with European style laundry.

The apartment features a generous sized living and dining area with access to large entertainers terrace. The apartment also offers a generous kitchen with stone bench tops and plenty of cupboard space complete with stainless steel appliances including range hood, 4 burner gas coop top and dishwasher.

LOCATION:

- Moments away from Yarra River
- Minutes to the CBD
- Opposite Crown Casino Complex
- Public transport easily accessible
- Easy access to freeways

ADDITIONAL FEATURES:

- 2 car parks plus storage
- Ducted heating/cooling
- LED lighting,
- Foxtel/NBN ready
- Architect-designed lobby with 24 hour concierge, building manager, and secure video entry
- Access to world-class resort facilities including an idyllic BBQ terrace with CBD views, indoor 25m pool, gymnasium, steam room, sauna, virtual golf range, massage room, meeting rooms, social lounge, games room, theatre, and kitchen with dining facilities. With generous internals and in a premium location, this Prima Peal apartment is something special.

Property History for 1005/9 Power St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$925,000
05 May 2025
Listed for Rent
$750/w
12 Aug 2021
  • 05 May 2025
    Sold for $925,000
  • 03 Apr 2025
    Listed for Sale UNDER CONTRACT
  • 05 Aug 2021
    Listed for Rent $750 / week
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. There are 7 parks, covering nearly 1.5% of the 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 30,699 properties. Over the last 5 years, Houses in Southbank have seen a -66.28% decrease in median value, while Units have seen a 2.46% increase. As at 31 August 2026:

  • The median value for Houses in Southbank is $436,701 while the median value for Units is $559,330.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 165 properties listed for sale, and 219 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1414 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Cotality Copyright and Legal Disclaimers about Property Data
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.