Back 1707/283 City Road
Off Market

1707/283 City Road

Southbank VIC 3006

1
1
42 m²
1496 m²
Apartment
Last sold for $303,500
Taylor SimsTaylor Sims, last sold this property on 17 December 2025 after 5 days on market.

Overview

Prime Southbank Living in the Renowned Bank Apartments

Nestled within the highly sought-after Bank Apartments in the vibrant heart of Southbank, this residence places you just moments from Crown, Clarendon Street, South Melbourne Market, and the CBD. Offering a seamless blend of comfort and convenience, it delivers a lifestyle defined by ease and urban accessibility. Showcasing the very best of city living, Bank Apartments provides an impressive range of amenities, including an indoor heated pool, spa, sauna, fully equipped gym plus separate cardio room, residents lounge, and the added peace of mind of a 24/7 concierge. This beautifully presented one-bedroom apartment features a contemporary layout enhanced by stunning north-facing city views. A sleek kitchen appointed with stainless steel appliances, a modern bathroom, and a light-filled living area flow effortlessly onto a private balcony-perfect for enjoying the skyline. The bedroom includes a spacious built-in wardrobe and sliding doors for privacy as well as the option to open up the space in the living area. Additional features include: • Strong rental appraisal of $500 per week • Intercom entry • Split-system A/C heating & cooling • Euro laundry • Low strata fees • 200m to Crown Casino • 500m to Melbourne Square Woolworths • 750m to South Melbourne Market • 1.4km to Flinders Street Station Available now with vacant possession, whether you are looking for a lucrative investment in the heart of Southbank or wanting to the ultimate inner city lifestyle, contact Taylor Sims on 0403 485 210.

Features

1 bedroom
1 bathroom
42 m² floor area
1496 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 1707/283 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 1707/283 City Road

2026
Rented
Undisclosed
Leased on 03 Feb 2026 by Ray White Southbank | Melbourne City
2025
Sold
$303,500
Private Sale/Treaty on 17 Dec 2025 by Taylor Sims, of Ray White Southbank | Melbourne City
2022
Sold
$275,000
25 Oct 2022 by Christine Ting, of Ironfish 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 1707/283 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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