About this property
Also written as Unit 16, 51-55 City Road.
Southbank VIC 3006, Australia
Also written as Unit 16, 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.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 29 May 2018 | $795,000 | — |
| Sale | 17 Aug 2015 | $715,000 | — |
| Sale | 16 Jun 2003 | $475,200 | — |
| Sale | 30 Nov 1990 | $620,000 | — |
It is a unit situated on a 1,402 m² land parcel in Southbank
Southbank lies about 1 km south of the Melbourne CBD, so the unit is within easy walking distance of the city centre
The property is adjacent to the Southbank Promenade, Melbourne Arts Precinct and nearby attractions such as the Melbourne Recital Centre and the Ophelia sculpture
Australia 108 and Eureka Tower, two of Melbourne’s tallest skyscrapers, are each approximately 0.2 km from the address
Tram routes 1, 12, 58, 96 and 109 run through Southbank, with the Arts Precinct/Sturt St tram stop just 0.2 km away
Nearby hotels include Quest Southbank (0 km), Oaks Melbourne Southbank Suites, Adina Apartment Hotel, Holiday Inn Express, Mantra Southbank and The Langham, all within about 0.2 km
The Photography Studies College is only 0.1 km away, and the Australian Ballet School is also within walking distance
City Road runs east–west through Southbank, and the West Gate Freeway forms the suburb’s southern border, providing quick road access
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