Back 1403/163 City Road
Off Market

1403/163 City Road

Southbank VIC 3006

2
2
1
Apartment
Last sold for $510,000
Lilian LawLilian Law, last sold this property on 22 December 2015 after 69 days on market.

Overview

Relax in Style in The Summit

Situated on 86 sqm (approx.) internal, exuding stylish Southbank flair, and with a north-east aspect taking in views of the Royal Botanic Gardens, Dandenong Ranges, and MCG, this two bedroom apartment is a 14th floor winner moments to Boyd Community Hub, Kere Kere Caf, Southgate shopping, Crown Casino, and Clarendon St trams. Accommodation: Enjoying superb open living suited for first home buyers, investors, and owner-occupiers, this spacious apartment makes its mark with a sizeable living and dining zone, modern kitchen with stainless steel appliances including a Miele dishwasher, bedrooms separated by the living zone allowing for terrific privacy which includes the master retreat with WIR and ensuite, central bathroom with laundry including a dryer, and the excellent balcony with outstanding vistas. Features: Secure car space, split system heating and cooling, video intercom, building concierge, communal amenities including heated indoor swimming pool and gym.

Features

2 bedrooms
2 bathrooms
1 carspace
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 1403/163 City Road is $585k.

Median value
$585k
Estimated value range
$366k - $1.67m
Median days on market
48
Estimated value trend
-1%
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 1403/163 City Road

2022
Rented
Undisclosed
Leased on 14 Feb 2022 by Barry Plant Docklands
2021
Rented
Undisclosed
Leased on 03 Feb 2021 by CAN Estate Agents
2015
Sold
$510,000
22 Dec 2015 by Lilian Law, of MICM

Happy sellers in Southbank

85%
85% 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, 444 two-bedroom apartments similar to 1403/163 City Road, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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