57A/173 City Road, Southbank, VIC 3006 sold on 10 October 2025 | OnTheHouse
 
SOLD
Sold on 10 Oct 2025 for $530,000

57A/173 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 5034m2
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Property Details for 57a/173 City Rd, Southbank

57a/173 City Rd, Southbank is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 5034m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
81m2
Land Size
5034m2
Local Government
Melbourne
Lot/Plan
57A/PS504942

Property History for 57a/173 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$530,000
10 Oct 2025
  • 10 Oct 2025
    Sold for $530,000
  • 25 Jan 2022
    Sold for $520,531
  • 05 Nov 2014
    Transferred
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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 30,004 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 164 properties listed for sale, and 146 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1382 properties were sold in the past 12 months in Southbank.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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