76/183 City Rd, Southbank VIC 3006
1 beds
1 baths
0 cars
Spachus Insights
View Southbank market
Price position
Below suburb median
36.2% below 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
Slower than typical
48 days typical · Property listed 217 days (352% longer).
Property details
Low-Maintenance Luxury Spacious Southbank Setting
A spacious offering of light-filled luxury this impressive 1 bedroom apartment is a perfect match for first home owners astute investors and those searching for a central base within striking distance of the CBD. Placed to perfection on the seventh floor of the highly prized City Tower complex take an easy stroll to Crown riverfront restaurants Queensbridge Street trams Melbourne Square Woolworths the arts precinct Southbank Library and Boyd Community Hub.
1Bedrooms
1Bathrooms
0Car spaces
ApartmentProperty type
Southbank market
Full suburb reportMedian listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
Spachus Property Estimate
$392,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$22,000
5.6% below the Spachus estimate
Property Overview
76/183 City Rd, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom. It is currently listed at $370,000. It has been on the market for 217 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $210,000 (36.2%) below the Southbank median listing price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It has currently been on the market 169 days longer than the Southbank typical selling time.
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