Back 48/183 City Rd
Off Market

48/183 City Rd

Southbank VIC 3006

2
2
1
Apartment
Last sold for $540,000
Lilian LawLilian Law, last sold this property on 26 December 2016 after 59 days on market.

Overview

An Outstanding Southbank Entertainer

Featuring an enormous terrace making alfresco entertaining a delight in the summer months, this superb two bedroom apartment on 98 sqm internal (approx.) has everything you need! With fresh modern touches, this City Tower abode is also near Crown Casino, Southbank Promenade cafes and restaurants, South Melbourne Market, and the Royal Botanic Gardens. Accommodation: As part of the excellent City Tower building with facilities that include heated indoor pool, tennis court, and gym, this property has been freshly painted and features new roller blinds. Other highlights include practical and open lounge and dining zone, sleek granite kitchen with stainless steel appliances, sizeable master bedroom offering a built-in robe and ensuite, 2nd bedroom with a BIR, marble bathroom with a concealed laundry, and the expansive balcony terrace measuring 35 sqm (approx.) for outdoor entertaining. Walk to local trams and Flinders Street Station. Features: Secure car space, ducted heating and cooling, 24-hour building concierge, intercom entry.

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 48/183 City Rd is $586.87k.

Median value
$586.87k
Estimated value range
$370k - $2.05m
Median days on market
49
Estimated value trend
1%
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 48/183 City Rd

2024
Rented
Undisclosed
Leased on 11 Jun 2024 by Dingle Partners
2022
Rented
Undisclosed
Leased on 21 Nov 2022 by Dingle Partners
2022
Rented
Undisclosed
Leased on 21 Nov 2022 by Dingle Partners

Happy sellers in Southbank

83%
83% 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 79 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 434 two-bedroom apartments similar to 48/183 City Rd, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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