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Off Market

1806/245 City Road

Southbank VIC 3006

1
1
52 m²
52 m²
Apartment
Last sold for $405,000
Michael PastrikosMichael Pastrikos, last sold this property on 30 June 2025 after 81 days on market.

Overview

Elevated Living with Bay Views in One of Southbank's Newest Icons

• Stylish lock-and-leave residence in the sought-after Palladium Tower • One of Southbank's newest and most impressive addresses • Breathtaking views across Port Phillip Bay • Open-plan living and dining area with modern finishes • Sleek kitchen with quality integrated appliances • Generous bedroom with built-in robes • Contemporary bathroom with integrated laundry facilities • Split system heating/cooling and secure intercom entry • Resort-style amenities including an impressive pool and fully equipped gym Positioned high above the energy of Southbank and showcasing panoramic views over Port Phillip Bay, this executive-level apartment in Palladium Tower delivers a harmonious blend of style and everyday functionality. Designed to support a low-maintenance urban lifestyle, the apartment features a free-flowing living and dining zone that easily accommodates both relaxation and entertaining. The full-height windows draw in natural light and frame the expansive outlook, while engineered timber floors create a sense of warmth and sophistication. The well-planned kitchen maximises space and storage, equipped with premium integrated appliances, sleek cabinetry, and generous bench space-ideal for home cooks and entertainers alike. The spacious bedroom is a quiet retreat, fitted with mirrored built-in robes and positioned to enjoy natural light throughout the day. The stylish bathroom features a frameless glass shower, practical vanity storage, and a cleverly concealed European-style laundry, optimising every inch of space without compromising on design. With split system climate control and access to first-class resident amenities-including a pool, gym, steam room, and communal entertaining spaces-this home is thoughtfully equipped for comfort, convenience, and long-term liveability. Located just moments from Crown, the Arts Precinct, South Melbourne Market, and the CBD, Palladium Tower places you right in the heart of Melbourne's most vibrant and well-connected neighbourhood.

Features

1 bedroom
1 bathroom
52 m² floor area
52 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 1806/245 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 1806/245 City Road

2025
Sold
$405,000
30 Jun 2025 by Michael Pastrikos, 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 1806/245 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

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 79 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  79 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 34 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  34 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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