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Off Market

1207/163 City Road

Southbank VIC 3006

2
2
1
0 m²
0 m²
Apartment
Last sold for $550,000
Jen Lin LauJen Lin Lau, last sold this property on 03 November 2025 after 124 days on market.

Overview

Exclusive Entertainer with Spectacular Space

Maximising substantial space, light and comfort, this well-presented 2 bedroom apartment enjoys a dynamic city-edge lifestyle on your doorstep. Situated twelve floors high in the stylishly updated Summit complex, walk to Crown, the arts precinct, Boyd Community Hub, Melbourne Square Woolworths, riverfront restaurants, and Flinders Street trains all the way through to the CBD. Make this exceptional building your home, town base or blue-chip investment today! A granite-topped kitchen features a breakfast bar for relaxed meal times, and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Spacious open-plan living and dining connects with a sheltered east-facing balcony capturing the gentle warmth of morning light and a pleasing panorama towards Royal Botanic Gardens greenery. Both generously sized bedrooms are serviced by mirrored built-in robes and a sparkling bathroom with a fully tiled shower area over a bathtub. The palatial master suite is enhanced by a large study nook making your work-from-home days a breeze! Comprehensive features include secure car parking, laundry capacity with a wall-mounted dryer, split-system heating and cooling, double glazing, tiled entrance, and a fresh coat of paint. Sought-after Summit boasts intercom security, a plush foyer, concierge, and resort-inspired use of an indoor swimming pool and a fully equipped gym. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings Council Rates: $321.61 per quarter approx. Water Rates: $172.94 per quarter approx. Owners Corporation Fees: $1,500.37 per quarter approx. Potential Rental Income $650 - $700 per week approx.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
0 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 1207/163 City Road is $573.33k.

Median value
$573.33k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-4%
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 1207/163 City Road

2025
Sold
$550,000
Private Sale/Treaty on 03 Nov 2025 by Jen Lin Lau, 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 92 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 1207/163 City Road, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 78 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  78 Sales in Southbank
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 35 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  35 Sales in Southbank
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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