FOR SALE
$670,000 - $715,000

82/88 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 88m2
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Spacious Low-Rise Gem with Towering Ceilings and Boutique Charm

• Boutique low-rise apartment in the Keep complex
• Total internal size of 83m2 with cathedral ceilings
• Open-plan living connected with expansive sheltered balcony
• Rare leafy views in the heart of Southbank
• Chef-ready kitchen with premium appliances and ample storage
• Both bedrooms are filled with natural light and built-in robes
• Euro-style laundry in a sparkling bathroom
• Prime location near gardens, schools, dining, and tram access
• Secure undercover car park on title
• Resident parking permit available for additional parking (apply directly to the City of Melbourne)
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Property Details for 82/88 Wells St, Southbank

82/88 Wells St, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 88m2 and floor size of 88m2. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment
Floor Size
88m2
Land Size
88m2

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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 28,089 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 197 properties listed for sale, and 225 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1272 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Michael Pastrikos
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Giorgio Fulli
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Ray White Southbank | Port Phillip
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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.