Back 196/173 City Road
Off Market

196/173 City Road

Southbank VIC 3006

1
1
62 m²
Apartment
Last sold for $353,000
Leo YangLeo Yang, last sold this property on 16 November 2025 after 54 days on market.

Overview

Large 1bed 1bath City Home

Modern Southbank Living with Space, Light & Lifestyle Amenities Step into comfort and convenience with this spacious one-bedroom apartment in the heart of Southbank, designed for modern living with a touch of elegance. Offering an impressive 62sqm of total space, the apartment boasts floor-to-ceiling glass walls that fill the home with natural light and create a warm, inviting atmosphere. The expansive open-plan living and dining area connects seamlessly to a generous balcony, the perfect spot to enjoy fresh air, morning coffee, or evening relaxation. The modern kitchen is both stylish and practical, featuring quality finishes and ample pantry storage, making everyday cooking a breeze. The spacious bedroom comes complete with a built-in robe, while the large bathroom with integrated laundry provides ultimate convenience. Beyond the apartment itself, residents are treated to an array of on-site lifestyle facilities. Stay active in the fully equipped gym, enjoy a game on the tennis court, or unwind with friends in the outdoor entertainment areas. Perfectly located, this home puts you just moments from Crown Entertainment Complex, the Arts Precinct, Royal Botanic Gardens, South Melbourne Market, and Melbourne's CBD. Whether it's dining, shopping, culture, or green space you're after, everything is within easy reach. Why you'll love this home: Spacious total area of approx. 62sqm Floor-to-ceiling glass windows for abundant natural light Large open-plan living and dining with access to a private balcony Modern kitchen with ample pantry space Spacious bedroom with built-in robe Full-sized bathroom with own laundry facility Lifestyle facilities: gym, tennis court & outdoor entertaining spaces Prime Southbank location close to Crown, CBD, Arts Precinct & more This apartment is the ideal choice for owner-occupiers looking for a vibrant city lifestyle without compromising on space or comfort.

Features

1 bedroom
1 bathroom
62 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 196/173 City Road is $388.89k.

Median value
$388.89k
Estimated value range
$250k - $730k
Median days on market
44
Estimated value trend
3%
increase 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 196/173 City Road

2025
Sold
$353,000
Private Sale/Treaty on 16 Nov 2025 by Leo Yang, of JLY Property Group
2024
Rented
Undisclosed
Leased on 07 Oct 2024 by Ray White Southbank | Melbourne City
2024
Rented
Undisclosed
Leased on 06 Oct 2024 by Ray White Southbank | Melbourne City

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 1 bedroom apartments in Southbank

In the last 12 months, 231 one-bedroom apartments similar to 196/173 City Road, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

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