Back 1112/283 City Road
Off Market

1112/283 City Road

Southbank VIC 3006

1
1
Apartment
Last sold for $285,000
Lachie KellyLachie Kelly, last sold this property on 08 July 2025 after 15 days on market.

Overview

Great Rental Opportunity In Bank Apartments

• Recently Updated With New Stovetop & Oven • Great Rental Return Opportunity: $500-$550 Per Week • Available Fully Furnished • Available With Vacant Possession • Brand New AC Unit With Wifi Control • Amazing Building Amenities: Indoor Heated Pool, New Sauna, Cardio Room, Lounge Room & Well Appointed Gym This stylish city pad in the prestigious Bank Apartments offers a superb blend of modern convenience and resort-style living. The apartment features a spacious main bathroom, European-style laundry, and the comfort of reverse-cycle air-conditioning and heating. Residents also enjoy exclusive access to five-star facilities including a heated indoor swimming pool, spa, fully equipped gymnasium, and an inviting outdoor lounge area-perfect for relaxing or entertaining. Additional comforts include 24-hour security, on-site security systems, and an audio intercom for added peace of mind. The location is second to none, placing you within easy reach of a vibrant mix of city and neighbourhood attractions. Explore nearby Metro and Asian supermarkets, the Crown Entertainment Complex with its world-class restaurants, Southbank Promenade, Clarendon Street's array of shops and eateries, South Melbourne Market, the Boyd Community Hub, and convenient city-bound trams. This is truly the perfect position-on the edge of the CBD, yet moments from the character and charm of South Melbourne.

Features

1 bedroom
1 bathroom
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 1112/283 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 1112/283 City Road

2025
Rented
Undisclosed
Leased on 05 Dec 2025 by MRE
2025
Sold
$285,000
08 Jul 2025 by Lachie Kelly, of Ray White Southbank | Melbourne City
2024
Sold
Undisclosed
19 Aug 2024 by Philip Middlemiss, of Re-define Real Estate

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 1112/283 City Road, have been sold.

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

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