OFF MARKET

3101/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
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Property Details for 3101/118 Kavanagh St, Southbank

3101/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2011.

Building Type
Unit
Year Built
2014
Floor Size
80m2
Local Government
Melbourne
Lot/Plan
3101/PS647246

Last Listing description (July 2024)

UNFURNISHED - High up on the 31st floor, this modern two bedroom, two bathroom, with one parking space apartment is located in the stunning EPIC complex! Located just a short walk to South Melbourne Market, Crown, the arts precinct, public transport, Southbank cafes and restaurants!

Apartment features:


- Reverse cycle air conditioning to living area
- Large private balcony with stunning views
- Modern kitchen featuring dishwasher, Miele appliances and stone benchtops
- Master bedroom features private ensuite bathroom
- Both bedroom with built in robes
- Main bathroom includes washer/dryer combo machine
- 1 secure car park included

Features:
- 24-hour concierge, video intercom system and keyless building entry
- Secure high speed elevators
- Indoor pool, gym and tennis court
- Average 8 Star energy rating and double-glazed windows for noise and climate insulation

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

Property History for 3101/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$615,000
16 Jul 2011
Listed for Rent
$700/w
14 Jun 2024
  • 13 May 2024
    Listed for Rent $685 / week
  • 14 Dec 2021
    Listed for Rent - Price not available
  • 07 Oct 2020
    Listed for Rent $430 / week
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1278 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.