Back 171/183 City Road
Off Market

171/183 City Road

Southbank VIC 3006

3
2
2
121 m²
0 m²
Apartment
Last sold for $930,000
Jason LiJason Li, last sold this property on 28 October 2025 after 41 days on market.

Overview

Southbank Family Standout in a Peaceful Corner Position

Stretching out in a commanding corner setting, this spacious 3 bedroom, 2 bathroom, 2 car-park apartment offers a captivating life of low maintenance in central Southbank. Head downstairs and embrace a lifestyle address like no other! Stroll to Crown, Melbourne Square Woolworths, Boyd Community Hub, the arts precinct, and the riverside restaurants lining Southbank Promenade all the way through to Flinders Street trains and the CBD. Far-reaching open-plan living and dining pivots a granite-finished kitchen featuring a breakfast bar, dishwasher and a 4-burner gas cooktop. Make a seamless connection with a sheltered balcony, ideal for relaxing and entertaining with a sweeping neighbourhood backdrop. Zoned to the northern perimeter, enjoy a light-filled and generously sized trio of mirror-robed bedrooms with the master suite boasting a private ensuite and roomy walk-in robes. A principal family-sized bathroom features floor-to-ceiling tiles and a sparkling shower area over a bathtub. Set to perfection on the 17th floor of the sought-after City Tower complex, comprehensive features include the rare addition of secure side-by-side parking for 2 cars, a Euro laundry with a wall-mounted dryer, ducted heating and cooling in every room, and roller blinds. City Tower comes complete with a 24/7 concierge and exclusive access to an indoor pool, tennis court, BBQ terrace, and a fully equipped gym. This one will not last long! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $450.00 per quarter approx. Water Rates: $172.00 per quarter approx. Owners Corporation Fees: $1,800.00 per quarter approx. Potential Rental Income: $950 per week approx.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
121 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 171/183 City Road is $950k.

Median value
$950k
Estimated value range
$624k - $2.8m
Median days on market
46
Estimated value trend
-8%
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 171/183 City Road

2025
Sold
$930,000
Private Sale/Treaty on 28 Oct 2025 by Jason Li, 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 3 bedroom apartments in Southbank

In the last 12 months, 95 three-bedroom apartments similar to 171/183 City Road, have been sold.

This represents a 8% increase in three-bedroom apartments sales when compared to the previous 12 months.

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