1608/163 City Road, Southbank VIC 3006
3 beds
2 baths
1 cars
Spachus Insights
View Southbank market
Price position
Above suburb median
26.7% above the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $45,000 below the median listing price.
Selling pace
Sold much slower than typical
48 days typical · Sold in 93 days (94% longer).
Property details
Sophisticated Southbank Living
Positioned in the heart of vibrant Southbank, this spacious three-bedroom, two-bathroom apartment at 1608/163 City Road offers an exceptional opportunity for owner-occupiers and investors alike. Boasting a functional floorplan with light-filled interiors, the apartment features generous living and dining spaces that seamlessly connect to a private balcony, perfect for relaxing or entertaining while enjoying the dynamic city atmosphere.
3Bedrooms
2Bathrooms
1Car spaces
ApartmentProperty type
Southbank market
Full suburb reportMedian listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
Property Overview
1608/163 City Road, Southbank VIC 3006 is an apartment. It has 3 bedrooms, 2 bathrooms and 1 car space. The property sold for $735,000 on 29 August 2026 by private treaty after 93 days on the market. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. This sale was $200,000 (37.4%) above the Southbank median sold price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It took 45 days longer to sell than the Southbank typical selling time.
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