Back 1015/31 City Road
Off Market

1015/31 City Road

Southbank VIC 3006

1
1
1152 m²
Apartment
Last sold for $290,000
David UmanaDavid Umana, last sold this property on 08 July 2025 after 55 days on market.

Overview

Easy Lifestyle Living in Arts Precinct

• Smart lock & leave apartment in the Arts Precinct • 7.5% Net return • Open plan living area • Practical kitchen with full-size dishwasher • Peaceful double bedroom with fitted robes & desk • Fully-tiled bathroom with bath • Euro laundry and heating/cooling • Onsite facilities including pool and gym • Walk to the riverfront, gardens and CBD • Apartment including cutlery, crockery & furniture Immerse yourself in the utmost ease of a lock & leave urban lifestyle with this designer apartment in the heart of the Arts Precinct. Offering the ultimate low maintenance setting suited to CBD-based professionals, this is also an exciting investment opportunity with rewarding potential. Planned for streamlined easy living, the layout is desirably open plan featuring a spacious living zone flowing from the practical kitchen, which boasts a full-size dishwasher, meals bench and ample storage. Crown by an elevated ceiling, the double bedroom is a peaceful sanctuary that thoughtfully delivers a fitted desk for study or working from home, while a generous mirrored built-in wardrobe and fully-tiled ensuite bathroom complete with bath are also offered. A Euro laundry and heating/cooling are added highlights together with the luxury of access to fabulous onsite amenities that include an indoor pool, sauna and fully-equipped gym. Literally steps to the riverfront and glorious gardens, close to restaurants & bars and metres to tram stops, this prime location is also the easiest walk right into the very centre of Melbourne.

Features

1 bedroom
1 bathroom
1152 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1015/31 City Road is $388.89k.

Median value
$388.89k
Estimated value range
$250k - $730k
Median days on market
44
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1015/31 City Road

2025
Rented
Undisclosed
Leased on 26 Nov 2025 by Ray White Southbank | Melbourne City
2025
Sold
$290,000
08 Jul 2025 by David Umana, of Ray White Southbank | Melbourne City

Happy sellers in Southbank

84%
84% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 232 one-bedroom apartments similar to 1015/31 City Road, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent