709/31 City Road

Off Market

709/31 City Road

Southbank VIC 3006

55 m²

Apartment

Last sold for $370,000

Alexander George, last sold this property on 17 August 2026 after 28 days on market.

Overview

Fully Furnished Executive Living (Inc 9.5% est return approx!)

Fully furnished and beautifully presented, this exceptional one-bedroom residence offers a rare opportunity to secure a turnkey home or investment in one of Southbank's most coveted locations. Enjoying an enviable east-facing aspect, the apartment showcases breathtaking views across Olympic Boulevard to the iconic Arts Centre Melbourne Spire, with the MCG and AAMI Park creating an impressive backdrop to everyday living. Bathed in natural light, the spacious open-plan living and dining domain is enhanced by soaring ceilings and floor-to-ceiling glazing, creating a wonderful sense of space while framing Melbourne's most recognizable landmarks. A dedicated built-in study nook further enhances the versatility of the floorplan, providing the perfect space for those working from home. The contemporary kitchen has been thoughtfully designed with quality stainless steel appliances, generous bench space and excellent storage, making it ideal for both everyday living and effortless entertaining. The oversized bedroom is a peaceful retreat complete with built-in robes and spectacular outlooks, while the spacious bathroom features a full-sized bath, quality finishes and ample storage. A separate European laundry, ducted heating and cooling, and the inclusion of all furniture and furnishings ensure immediate comfort and convenience from day one. Adding further appeal, the apartment includes a secure car space (not stacker parking), an increasingly valuable feature in this tightly held precinct. Residents also enjoy exclusive access to premium resort-style amenities, including an indoor swimming pool, spa, sauna, fully equipped gymnasium, as well as the convenience of an on-site restaurant and bar. Perfectly positioned just moments from the Yarra River promenade, Melbourne's renowned Arts Precinct, Crown Entertainment Complex, the Royal Botanic Gardens and an outstanding selection of cafés, restaurants and boutique shopping, this outstanding residence delivers an enviable inner-city lifestyle with every convenience at your doorstep. Whether you're seeking a luxurious city home, an executive Melbourne base or a high-performing investment, this fully furnished apartment is ready to be enjoyed from the moment you take ownership. Please note: Any reference to internal or external floor size or square meterage has been provided to Barry Plant Docklands/Yarra's Edge by a third party. We strongly encourage all interested parties to conduct their own due diligence before making a property purchase.

Features

1 bedroom

1 bathroom

1 carspace

1 open car space

55 m² floor area

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 709/31 City Road is $385k.

Median value

$385k

Estimated value range

$240k - $730k

Median days on market

Estimated value trend

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 709/31 City Road

2026

Sold

$370,000

17 Aug 2026 by Alexander George, of Barry Plant Docklands

Happy sellers in Southbank

83%

83% 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 84 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 221 one-bedroom apartments similar to 709/31 City Road, have been sold.

This represents a 19% increase in one-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

(307 reviews)

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Natalia Susanti

at MICM

4.9

(377 reviews)

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Faith Chang

at MICM

4.9

(277 reviews)

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Gus Kosasih

at iProperty Melbourne

(96 reviews)

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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 71 local sales and collected 24 local reviews across the last 12 months.