OFF MARKET

37/38 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 4348m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 37/38 Wells St, Southbank

37/38 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 4348m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
1998
Floor Size
81m2
Land Size
4348m2
Local Government
Melbourne
Lot/Plan
57/PS339677

Last Listing description (September 2024)

UNFURNISHED - This unique two bedroom apartment is a real beauty! Having undergone renovations, enjoy an abundance of space with a modern twist. Located on the first floor of a low-rise building, enjoy this rare gem of a home!

Apartment features:

- Spacious open plan living/dining area with high ceilings, floorboards and access to a large private balcony, overlooking the impressive building grounds.
- Kitchen features gas stove top, oven, dishwasher and plenty of cupboard space.
- Two spacious bedrooms, both with window views and large built in robes.
- Central bathroom includes shower over bath with European style laundry and separate toilet.
- One secure car space.
- Heating and air conditioning in living area.
- Secure key entry with intercom.
- Plenty of parking in Dodds street and surrounding streets.

Enjoy the peace and quiet of living in the most sought after part of Southbank with easy access to freeways and walking distance to Malthouse Theatre, public transport, Federation Square, Royal Botanical Gardens, MCG, cafes and South Melbourne markets. Building facilities include pool and gym.

*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 37/38 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$540,000
22 Jul 2012
Listed for Rent
$630/w
10 Sep 2024
  • 03 Sep 2024
    Listed for Rent $630 / week
  • 31 Jan 2023
    Listed for Rent $550 / week
  • 17 Jan 2020
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 27,901 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 175 properties listed for sale, and 226 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1230 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.