Back 1602/283 City Road
Off Market

1602/283 City Road

Southbank VIC 3006

2
1
0 m²
Apartment
Last sold for $475,000
Andrew LeanAndrew Lean, last sold this property on 18 November 2025 after 126 days on market.

Overview

A LIFESTYL YOU CAN BANK ON

Ideally located close to everything Southbank has to offer, this light-filled two-bed apartment at the Bank complex provides the best in inner-city living. The open plan living and dining zone opens to a private balcony taking in views to the east as well as the city skyline. The contemporary kitchen boasts quality stainless steel appliances including a dishwasher and gas cooktop, as well as breakfast bar, and plenty of storage. Both bedrooms are generous in size and provide built-in-wardrobes, whilst the central bathroom is modern and offers a Euro-laundry. Rounding out this fab inner-city pad is split system heating/cooling, secure swipe/intercom entry, and the benefit of 24-hour concierge, indoor lap pool, gym, and communal terrace. Perfectly positioned just moments away from Melbourne's CBD, Crown Entertainment Complex, Southbank Promenade, Clarendon Street shopping precinct, and South Melbourne's cafes and markets. In addition to this is numerous public transport options making this the ultimate in city living.

Features

2 bedrooms
1 bathroom
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1602/283 City Road is $573.33k.

Median value
$573.33k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-4%
decrease 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 1602/283 City Road

2025
Sold
$475,000
18 Nov 2025 by Andrew Lean, of Pagan 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 2 bedroom apartments in Southbank

In the last 12 months, 462 two-bedroom apartments similar to 1602/283 City Road, have been sold.

This represents a 13% increase in two-bedroom apartments sales when compared to the previous 12 months.

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