FOR SALE
$580,000 - $630,000

901/163 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 90m2
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Bright and Spacious City Haven at The Summit

• Prime Southbank location near Crown Promenade and South Melbourne Market
• Oversized layout - approx. 87sqm internally
• Spacious living and dining area with sunny balcony
• Main bedroom with walk-in robe
• Sleek central bathroom with shower and bath
• Double-glazed windows for peaceful city living
• Access to heated indoor pool, gym, and concierge
• Available with vacant possession
• Secure car park on title (not stacker parking)
Situated on the 9th floor of The Summit complex, this two-bedroom apartment offers vibrant Southbank living with unmatched convenience. Just steps from Crown Casino, South Melbourne Market, and local cafes, this residence is ideal for those seeking a well-connected lifestyle.
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Property Details for 901/163 City Rd, Southbank

901/163 City Rd, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 90m2 and floor size of 90m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
90m2
Land Size
90m2

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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 27,889 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 174 properties listed for sale, and 249 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1230 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Michael Pastrikos
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Samantha Thomas
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Ray White Southbank | Port Phillip
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.