Investors Please Note:The property could return In the vicinity of $580 to $600 per week. An affordable opportunity on the edge of the city, this wide-reaching 1-bedroom apartment promises a prestigious lifestyle experience like no other! Head downstairs and stroll to arts precinct vitality, the Royal Botanic Gardens, Woolworths, local cafes, riverside restaurants, and all the attractions of the CBD. First home owners, out-of-towners, and investors on the lookout for instant rewards will all benefit from an inspection.Glide across newly installed floorboards throughout an open-plan layout with more than enough space for light-filled living and dining. A dual-sided kitchen highlights stainless-steel appliances including a 4-burner gas cooktop and a full-sized Bosch dishwasher. Set on the 9th floor of the resort-style Yarra Condos complex, an undercover balcony features sweeping views over neighbouring parkland towards the St Kilda Road skyline. Generous in scale, the sunlit bedroom is serviced by mirrored built-in robes, while a gleaming bathroom comes complete with a shower over a bathtub.Take advantage of secure car parking, laundry capacity, panel heating, a ceiling fan, and double roller blinds providing the perfect balance of natural light and privacy. Yarra Condos is graced with intercom security and exclusive use of a heated 25m indoor lap pool, spa, sauna, a well-equipped gym, and a BBQ terrace. Inspect today and secure your future!Outgoings: Council Rates: $240.00 per quarter approx.Water Rates: $175.00 per quarter approx.Owners Corporation Fees: $1,074.00 per quarter approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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:
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