About this property
Also written as Unit 20, 55 City Road.
Southbank VIC 3006, Australia
Also written as Unit 20, 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 at 20/55 City Road is a unit. It forms part of the high‑rise residential development that characterises Southbank
The unit sits about 0.1 km from the Melbourne Arts Precinct, putting it within easy walking distance of nearby cultural venues such as the Australian Ballet School and State Theatre
Southbank is served by tram routes 1, 12, 58, 96 and 109, which run along Sturt Street, Clarendon Street, Queensbridge Street, Kings Way and Normanby Road respectively, providing convenient access to the CBD and surrounding suburbs
The West Gate Freeway runs along Southbank’s southern border, and main arterials such as Kingsway, Clarendon Street, Queensbridge/Moray Street and City Road provide direct connections to the Melbourne CBD
Several hotels are located right beside the property, including Mantra Southbank Melbourne, Holiday Inn Express Melbourne Southbank, Oaks Melbourne Southbank Suites, Quay West Suites Melbourne and The Langham, Melbourne, all within 0.1‑0.2 km
The Southbank Promenade, Crown Casino complex, Southgate Shopping Precinct and the weekly Southbank art and craft market are all within a short walk, offering dining, shopping and cultural experiences
In the 2021 Census Southbank had a population of 22,631. While 45.4 % of residents speak only English at home, Mandarin, Spanish, Hindi, Cantonese and Indonesian are also frequently spoken
City Road was originally a track linking the shipping piers of Port Melbourne to the city, later formalised in the 19th century and became a central thoroughfare as Southbank transformed from industrial land to a densely populated urban precinct
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