3507/241 City Road

Off Market

3507/241 City Road

Southbank VIC 3006

75 m²

Apartment

Last sold for $502,000

Kay Lim, last sold this property on 24 May 2026 after 60 days on market.

Overview

Elevated Southbank Living with Comfort & Convenience

Positioned on the 35th floor within the well-regarded Main Point complex, this well-designed two-bedroom apartment offers comfortable inner-city living with a functional layout and excellent lifestyle convenience. The open-plan living and dining area is filled with natural light and extends to a covered balcony—providing a practical outdoor space for year-round use. The kitchen is thoughtfully designed with quality appliances and ample storage, making it ideal for everyday living. Both bedrooms are generously proportioned and include mirrored built-in robes, while the central bathroom—serving as a semi-ensuite to the main bedroom—adds flexibility and convenience. Additional features include a secure car space, heating and cooling, and the benefit of a 24-hour concierge service for added peace of mind. Residents also enjoy access to on-site amenities including a heated indoor swimming pool and a fully equipped gym. Superbly located within close proximity to the CBD, Crown Entertainment Complex, South Melbourne Market, the Yarra River and Southbank’s vibrant dining and arts precinct, this apartment presents a fantastic opportunity for owner-occupiers and investors seeking a low-maintenance lifestyle in a prime location. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

75 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 3507/241 City Road is $585k.

Median value

$585k

Estimated value range

$366k - $1.67m

Median days on market

Estimated value trend

-1%

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 3507/241 City Road

2026

Sold

$502,000

24 May 2026 by Kay Lim, of Areal Property Box Hill

2016

Sold

$460,000

06 Nov 2016 by Darren Portwine, of Buxton Cayzer Albert Park

Happy sellers in Southbank

85%

85% 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, 444 two-bedroom apartments similar to 3507/241 City Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(304 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(371 reviews)

Get a free market appraisal

Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(48 reviews)

Get a free market appraisal

Nearby agents

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

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 72 local sales and collected 23 local reviews across the last 12 months.