FOR SALE
$500,000~$550,000

81/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 72m2
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Renovated with Brand New Timber Floor Replaced

This generous corner apartment offers expansive floor-to-ceiling windows, a delightful balcony, a versatile open-plan living area, a well-appointed granite kitchen, bedrooms with built-in robes, split system heating and cooling, secure parking, luxurious amenities including concierge services, a tennis court, BBQ terrace, indoor heated pool, and gym, iconic MCG views, and a prime location close to Woolworths Melbourne Square, Yarra River, Crown Entertainment, Royal Botanic Gardens, Arts & Sporting Precincts, and convenient access to trams and train stations, this is an exceptional opportunity to own a corner apartment in one of Southbank's most desirable buildings.
OC fee is approx $1,425 per quarter
Council rate is approx $275 per quarter
Water rate is approx $175 per quarter
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Property Details for 81/88 Kavanagh St, Southbank

81/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 72m2. The place is currently for sale with Pioneer Realty Australia.

Building Type
Apartment
Land Size
72m2

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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 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 176 properties listed for sale, and 226 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1232 properties were sold in the past 12 months in Southbank.

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Charles Lam
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Ryan Fong
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Pioneer Realty Australia
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