405/221 Sturt Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

405/221 Sturt Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 5220m2
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Property Details for 405/221 Sturt St, Southbank

405/221 Sturt St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 5220m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1970
Floor Size
84m2
Land Size
5220m2
Local Government
Melbourne
Lot/Plan
405/PS329337

Last Listing description (September 2024)

Fantastic 2 bedroom property in Southside Tower
Approx 90m2 in total
Abundance of natural light with gallery of windows

Oversized living/dining zone awash in natural light
Full sized granite kitchen with excellent space and premium appliances
Two light-filled bedrooms with built-in-robes
Large, central bathroom with floor-to-ceiling marble tiling and separate shower
Secure Carpark on Title and over-bonnet storage cage (Not Stacker Parking)
Available with vacant possession

Featuring oversized design excellence, a leafy treetop outlook, and classic practical floorplan, this stunning two-bedroom apartment is the perfect blend of space, convenience and luxury.

Maximising space and light thanks to a gallery of windows directing sunlight inside, the bright and airy living/dining zone is framed by sumptuous oak flooring, high ceilings and quality finishes. A granite-inspired kitchen features a breakfast bar, generous bench space, ample cabinetry and premium appliances.

Abundant in natural light, two large bedrooms both come with mirrored floor to ceiling built-in-robes and share a spacious modern bathroom with floor-to-ceiling marble tiling, a luxurious bath and separate shower.

Other highlights and creature comforts include a single car space with over-bonnet storage, European laundry, recently upgraded industrial ducted heating and cooling, roller blinds and secure video intercom entry.

Embracing the amenity-rich Arts Precinct location, stroll to the Royal Botanical Gardens, Gordon Cafe, South Melbourne Market, Australian Centre for Contemporary Art, NGV as well as Malthouse and Southbank theatres.

Occupying a prime position on the fourth floor of Southside Tower, residents can take full advantage of resort-style facilities including a tennis court, fully equipped gym, 25m outdoor heated pool, sundeck, and multipurpose function room, cinema, and veggie garden aswell as 24/7 concierge for safety and convenience.

With everything you could ever need at your doorstep, come home to the good life where luxury lives forever.

Property History for 405/221 Sturt St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
08 Aug 2024
Listed for Rent
$700/w
28 Mar 2023
  • 08 Aug 2024
    Sold for $600,000
  • 05 Apr 2024
    Listed for Sale $625,000
  • 14 Mar 2023
    Listed for Rent - Price not available
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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.