Back 1105/163 City Rd
Off Market

1105/163 City Rd

Southbank VIC 3006

2
1
1
90 m²
0 m²
Apartment
Last sold for $540,000
Faith ChangFaith Chang, last sold this property on 28 December 2025 after 65 days on market.

Overview

Spacious Northeast-Facing Retreat in Prime Position

Positioned to perfection 11 floors high inside the sought-after Summit complex, this vast 2 bedroom (plus versatile study/storeroom) apartment is awash in the warmth of northeastern light. Venture downstairs and embrace a central lifestyle locale beyond comparison. Simply stroll to Crown, Melbourne Square Woolworths, the arts and sporting precincts, the Royal Botanic Gardens, Boyd Community Hub, and relax by the river with endless attractions on Southbank Promenade. Glide across sleek new floorboards throughout wide-reaching open-plan living and dining, underscored by a dual-sided kitchen showcasing black granite benches and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Instantly connect with an undercover balcony highlighting picturesque views sweeping over the spectacular neighbourhood skyline. Peacefully separated by the living space, the generously sized and mirror-robed bedrooms are filled with natural light, while the master suite boasts walk-in robes and a flexible study or storeroom. The sparkling bathroom is graced with a fully tiled shower area over a bathtub complemented by laundry capacity with a wall-mounted dryer. Comprehensive features include secure car parking, split-system heating and cooling, double glazing, recessed down-lighting, and roller blinds. Summit comes compete with intercom entry, a helpful concierge in a recently refreshed foyer, and resort-inspired use of a heated indoor swimming pool and a fully equipped gym. Inspect with certainty! Outgoings: Council Rates: $325.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,501.00 per quarter approx. Potential Rental Income: $700 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.:

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
90 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 1105/163 City Rd is $572.5k.

Median value
$572.5k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1105/163 City Rd

2025
Sold
$540,000
28 Dec 2025 by Faith Chang, of MICM
2017
Sold
$530,600
01 Jun 2017 by Melissa Teo, of MICM

Happy sellers in Southbank

84%
84% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 459 two-bedroom apartments similar to 1105/163 City Rd, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

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