About this property
Also written as Unit 14, 51-55 City Road.
Southbank VIC 3006, Australia
Also written as Unit 14, 51-55 City Road.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The property is classified as a unit, which is a type of apartment within a larger building
It is situated about 1 kilometre (approximately 0.6 mi) south of the Melbourne CBD, placing it within easy walking distance of the city centre
The unit is adjacent to Southbank Promenade and the Southgate Restaurant and Shopping Precinct, which lead to the Crown Casino and host a popular weekly arts‑and‑craft market
Within a few hundred metres are some of Melbourne’s tallest buildings, including Australia 108, Eureka Tower and the Eureka Skydeck
Several tram routes run close by – routes 1, 12, 58, 96 and 109 – with the Arts Precinct/Sturt St tram stop just around 200 m away. Major roads such as City Road and the West Gate Freeway also provide easy car access
Southbank had a population of 22,631 in the 2021 census, with only about a third born in Australia. Significant communities originate from India, China, Colombia, Malaysia and England, and languages such as Mandarin, Spanish and Hindi are commonly spoken at home
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