Southbank VIC 3006, Australia
Also written as Unit 2006, 163 City Road.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 28 Oct 2025 | $503,100 | — |
The unit features two bedrooms and one bathroom. It is designed as a low‑rise apartment style dwelling
The property sits on a 1,440 m² parcel of land, providing ample space for the unit and any outdoor uses permitted in the area
It is a unit, which is a self‑contained apartment within a larger building complex
Southbank is an inner‑city suburb just about 1 km south of Melbourne’s central business district. It is one of the most densely populated parts of the city and hosts a mix of high‑rise apartments, major business offices and cultural precincts
The Southbank Promenade, Southgate Restaurant and Shopping Precinct, and the Crown Casino complex are all nearby. The area also includes the Melbourne Arts Precinct with venues such as the Australian Centre for Contemporary Art and the Southbank Theatre
Several tram routes run through Southbank, including routes 1, 12, 58, 96 and 109, with tram stops such as Casino/Southbank/Queens Bridge St and City Rd/Kings Way within a few hundred metres. The suburb is also served by major roads like City Road and the West Gate Freeway, and cyclists can use the Capital City Bicycle Trail with a 10 km/h speed limit
Australia 108, one of Melbourne’s tallest buildings, is just about 0.2 km away, as are Crown Towers and Freshwater Place. Other nearby landmarks include the Victorian Institute of Forensic Medicine and the Jones Bond Store heritage building
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