The two-bedroom, one-bathroom flat had been on the market for less than three weeks when Ilias bought it before it went to auction.
Josh Ellison of Ellison Zulian Property sold the flat, the first transaction since 1983, when it sold for $78,000.
The flat is located on the ground floor of a mid-1960s block, near Jack Vanney Park, and has been updated.
It covers 83 square metres and comes with a lock-up garage.
The property had been rented out last year for $850 per week.
The 22-year-old recently took on the role of starting centre-back for the Rabbitohs.