1108/9 Power StreetSouthbank VIC 3006
Property Details for 1108/9 Power St, Southbank
1108/9 Power St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 2760m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Southbank in the last 12 months.
Last Listing description (July 2026)
This well-positioned apartment presents an outstanding opportunity for investors seeking strong rental appeal in the heart of Southbank. Featuring a smart and functional floorplan with newly installed carpet, the second room can be utilized as a study or guest room catering perfectly to tenants looking for work-from-home flexibility.
Step inside to discover a light-filled open-plan living and dining area framed by floor-to-ceiling double-glazed windows, allowing natural light. The sleek designer kitchen boasts stone benchtops, quality cabinetry, and premium appliances, combining style with functionality. The contemporary bathroom and well-proportioned bedroom with built-in robes complete this turnkey apartment. A private balcony extends the living space, offering a peaceful retreat above the vibrant city.
Residents enjoy resort-style amenities, including a 25-metre indoor heated pool, fully equipped gym, sauna, steam room, private cinema, virtual golf room, residents' lounge, BBQ terrace, and 24-hour concierge.
Key Investment Highlights
Versatile Floorplan: Second bedroom can serve as a study, guest room, or second bedroom.
Strong Rental Appeal: Located in the highly sought-after Prima Tower, attracting young professionals.
Prime Southbank Location: Steps from Crown Melbourne, Southbank Promenade, restaurants, public transport, and the CBD.
Resort-Style Amenities: Indoor pool, gym, sauna, private cinema, lounge, BBQ terrace, and concierge.
Ready for Investors: Modern, move-in ready apartment ideal for immediate leasing or long-term capital growth.
Lifestyle & Convenience: Combines city living with premium comfort, appealing to a broad tenant market.
This apartment is perfectly suited for investors seeking a low-maintenance property with high tenant demand, be it long term or short term leases providing both lifestyle and long-term growth potential in one of Southbank's most prestigious towers.
Property History for 1108/9 Power St, Southbank, VIC 3006
- 01 Jun 2026Sold for $550,000
- 13 Mar 2026Listed for Sale $580,000
- 09 Oct 2017Listed for Sale $500,000 - $550,000
Recent sales nearby
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0About 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 30,682 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.
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