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2006/163 City Road, Southbank VIC 3006

2006/163 City Road, Southbank VIC 3006

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For sale

$499,000 - $548,000

2006/163 City Road, Southbank, VIC 3006

2

1

1

0m²

0m²

•

apartment - unit: standard

Property Description

Listed on 24 Sept 2025

An immaculate celebration of free-flowing space, this supersized 2-bedroom, corner apartment offers sunlit Southbank living at its most engaging. Take a short stroll to the CBD, riverside restaurants, Crown, Melbourne Square Woolworths, Boyd Community Hub, an IGA nearby, and all the vitality of the arts precinct. First home buyers will appreciate the value, while savvy investors will pocket the savings in a high-demand, high-return neighbourhood. Superbly set in favourable northeastern light on the 20th floor of the stylish Summit complex, discover wide-reaching open-plan living and dining stretching out on top of sleek floating floors. A black granite-topped kitchen boasts a breakfast bar, stainless-steel appliances including an upgraded dishwasher, and a 4-burner gas cooktop. Step outside on a sheltered balcony capturing morning sunlight and picturesque views sweeping across the neighbourhood and touching down on Royal Botanic Gardens greenery and the majestic Shrine of Remembrance. Sizeable and sunlit bedrooms benefit from the corner position, with built-in robes. The central bathroom is a fully tiled shower area over a bathtub with laundry capability and a wall-mounted dryer. Summit is graced with video intercom security, a welcoming concierge, resort-style use of an indoor swimming pool and a fully equipped gym, and a recently updated foyer with a stylish gas log fireplace. Inspect to be impressed! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Estimated value

Based on comparable sales, past sales and available property data

Property valuation, estimate, range and confidence score

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jul 2025

$525,000 - $575,000

Rental
Apr 2016

$500 PER WEEK

Median unit price trends

Comparing the price trend of units in Southbank against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

See what similar properties in the area are selling and listed for.

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Planning overlays and zoning

Overlays and zoning could mean potential building restrictions or standards due to environmental impacts or government regulations.

Bushfire
Not detected

We haven't detected bushfire overlays on this property.

Flood
Not detected

We haven't detected flood overlays on this property.

Heritage
Not detected

We haven't detected heritage overlays on this property.

Zoning
Not detected

We haven't detected zone code on this property.

Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

N/A

House median days on market

51 Days

Unit median days on market

529 Properties

Sold in last 12 months

333 Properties

Available in the last month

Southbank residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

19-30

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Labourers

Most common occupation

Apartments

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

South Melbourne Primary School

K - Yr 6

Government

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Southbank

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Melbourne

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Victoria

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Median House: $3,046,338

Median Unit: $587,519

Median House: $2,268,071

Median Unit: $438,886

Median House: $1,785,742

Median Unit: $603,488

Median House: N/A

Median Unit: $1,007,093

Jane Sukpanich

MICM Real Estate

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