504/250 City Road, Southbank VIC 3006

504/250 City Road, Southbank VIC 3006
2 bed, 1 bath apartment | built 2015 | Southbank high-rise | 5th floor likely | investor-grade finishes | flood overlay present This apartment offers a practical entry point into Southbank’s high-density market, with its 2015 build meaning it is newer than much of the suburb’s stock. The 2-bedroom, 1-bathroom configuration is a common floorplan in this tower, which keeps it accessible for first-home buyers and investors seeking steady rental demand from professionals drawn to the CBD and riverside amenities. The building’s gym and secure intercom add convenience, while the City Road location provides strong tram access and proximity to Crown, South Melbourne Market, and Flinders Street Station. This property is best suited to buyers who prioritize location and modern build quality over rare features or premium finishes. The property’s value may be most affected by its 1-bathroom layout and lack of a confirmed second bathroom, which could limit its appeal compared to 2-bedroom, 2-bathroom units in the same building. The flood overlay identified on the property is a real factor that may influence insurance costs and buyer perception, though it is common in this inner-city corridor. The 5th-floor position likely offers a standard urban outlook, and without a car space confirmed, the property may appeal to a narrower buyer pool. These factors should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 504/250 City Road, Southbank VIC 3006
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Southbank is a central Melbourne unit-dominated market with strong connectivity, where investor-driven demand for apartments underpins a stable rental environment. Recent price trends reflect a softening market with moderate sales velocity, indicating a period of price adjustment. Future growth is linked to its established infrastructure, though key risks include the potential for oversupply and sustained price sensitivity in the unit segment.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat