8/1 Riverside Quay, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

8/1 Riverside Quay
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 4224m2
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Property Details for 8/1 Riverside Qy, Southbank

8/1 Riverside Qy, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 4224m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1995
Floor Size
83m2
Land Size
4224m2
Local Government
Melbourne
Lot/Plan
8/PS327634

Last Listing description (June 2024)

- Low-Rise Boutique Apartment Complex
- Open-Plan Living/Dining Zone and a Private Balcony
- Well-Equipped Kitchen with Premium Appliances

- Large Master Bedroom with Walk-In Robe and Ensuite
- Spacious Second Bedroom
- Large Central Bathroom Plus Powder Room
- Concealed Laundry, Secure Intercom Entry
- Dream Location Alongside Southbank Promenade
- Residents' Indoor Pool, Spa, Sauna and Gym
- Private Secure Undercover Car Park on Title
- Available with Vacant Possession

Nestled within the prestigious Riverside Apartments complex, this exquisite two-bedroom abode offers an enticing prospect for both residents and investors alike. Its strategic location places it mere moments from Southbank Promenade, Crown Casino, and the bustling CBD, ensuring a lifestyle of convenience and vibrancy. Boasting a sophisticated presentation and optimal positioning, this dwelling presents an ideal canvas for discerning homeowners seeking comfort and style, as well as astute investors eyeing promising returns.

The interior exudes an ambience of warmth and openness, with a spacious kitchen/living/dining area serving as the heart of the home. Here, a fully equipped kitchen stands as the focal point, featuring an extended breakfast bar, ample bench space, smart cabinetry, and high-end appliances. Seamlessly connected to this space is an undercover balcony, offering a serene retreat with verdant views of the surrounding neighbourhood, perfect for relaxation or entertaining guests.

Within the confines of this exclusive complex, residents are treated to an array of upscale amenities designed to elevate their living experience. Secure intercom entry, lift access, and a dedicated concierge service ensures convenience and peace of mind. Additionally, exclusive access to an indoor pool, spa, sauna, and a well-equipped gym provides residents with opportunities for leisure and recreation without ever having to leave the confines of their luxurious enclave.

Property History for 8/1 Riverside Qy, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$680,000
23 Apr 2024
Listed for Rent
$595/w
19 Mar 2018
  • 23 Apr 2024
    Sold for $680,000
  • 26 Mar 2024
    Listed for Sale $695,000
  • 24 Dec 2017
    Listed for Rent - Price not available
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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 30,009 properties. Over the last 5 years, Houses in Southbank have seen a -59.95% decrease in median value, while Units have seen a 2.99% increase. As at 31 October 2025:

  • The median value for Houses in Southbank is $561,449 while the median value for Units is $557,103.
  • Houses have a median rent of $670 while Units have a median rent of $680.
There are currently 165 properties listed for sale, and 155 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1372 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.