501/33 City Road, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

501/33 City Road
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 8 Dec 2025
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Property Details for 501/33 City Rd, Southbank

501/33 City Rd, Southbank is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Melbourne

Last Listing description (August 2024)

Nestled within the trendy Mantra Hotel, this fully self-contained one-bedroom apartment offers an exceptional lifestyle opportunity in the heart of Melbourne.

This stylish residence features a spacious bedroom, a large modern bathroom, and a generous terrace that invites you to relax and enjoy the CBD! The fully appointed kitchen comes equipped with everything you need for convenient living, while the European laundry adds practicality to the layout. With air conditioning and heating throughout, you'll enjoy year-round comfort in this well-designed space.

As a resident, you'll have access to the hotel's impressive amenities, including a large lap pool, spa, gym, and sauna, providing a resort-like experience right at your doorstep.

Located just a short stroll from Melbourne's bustling CBD, Mantra Southbank places you within walking distance of major sporting venues such as the MCG, Olympic Park, and Hisense Arena. To the west, you'll find Crown Casino, South Wharf, and the Melbourne Convention and Exhibition Centre, ensuring you're always close to the city's top entertainment and dining options.
Additionally, the convenience of included electricity and water further enhances the appeal of this fantastic apartment.
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Property History for 501/33 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Listed for Rent
$500/w
14 Sep 2023
  • 21 May 2024
    Listed for Rent $575 / week
  • 08 Aug 2023
    Listed for Rent $500 / week
  • 20 Jun 2022
    Listed for Sale Contact Agent
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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 154 properties listed for sale, and 146 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1376 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.