OFF MARKET

1307/163 City Road
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 95m2
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Property Details for 1307/163 City Rd, Southbank

1307/163 City Rd, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2002
Floor Size
95m2
Local Government
Melbourne
Lot/Plan
1307A/PS440926

Last Listing description (January 2022)

Please be advised that due to the current Victorian Government Mandate, you will need to register via QR Code when entering the premises.

A far-reaching showcase of central Southbank style, this captivating 2 bedroom (plus full-sized study) apartment is brimming with the warmth of natural eastern light. Within easy walking distance of the CBD, venture downstairs and stroll to Crown, the Arts Precinct, Boyd Community Hub, the wide open greenery of the Royal Botanic Gardens and the riverfront restaurants of Southbank Promenade. Your search ends here!


Neatly nestled on the 13th floor of the highly sought-after Summit building, discover a gleaming granite-topped kitchen boasting a breakfast bar and stainless-steel appliances plus an updated dishwasher. Spacious open-plan living and dining is underpinned by rich timber floorboards before making a seamless connection with a sheltered east-facing balcony graced with verdant views over the Royal Botanic Gardens towards the majesty of the Dandenong ranges. Alfresco entertaining will be a dream in this radiant retreat! Always free-flowing, both mirror-robed bedrooms are substantially sized, superbly serviced by a luxurious bathroom with a fully tiled shower over a bath. The supersized main bedroom comes complete with roomy walk-in robes, a large study perfect for working from home, and even an additional oversized study nook.

Take advantage of laundry capability including a dryer, secure car parking, split-system heating and cooling, panel heating, secondary glazing, track lighting, video intercom entry, a building concierge and exclusive resort-inspired use of an indoor swimming pool and well-equipped gym. Act quickly as this one is priced to sell!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1307/163 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Dec 2021
Listed for Rent
$450/w
08 Dec 2021
  • 22 Dec 2021
    Sold for $550,000
  • 16 Dec 2021
    Listed for Sale $550,000
  • 03 Dec 2021
    Listed for Rent - Price not available
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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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

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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.