SOLD
RECENT ADVICE
Sold on 20 Sep 2024 for $500,000

1/80 Fawkner Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
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Property Details for 1/80 Fawkner St, Southbank

1/80 Fawkner St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Local Government
Melbourne
Lot/Plan
1/PS713025

Last Listing description (September 2024)

One of just two apartments peacefully perched on the first floor, this affordable 2 bedroom, 2 bathroom apartment offers exclusive access to premium resort-style facilities in the award-winning Southbank Grand complex on City Road. The serene yet central location will also redefine the way you live! Simply stroll to riverside restaurants, the lively arts precinct, Melbourne Square Woolworths, Flinders Street trains and all the attractions of the CBD.

Discover the air-conditioned comfort of spacious open-plan living and dining, underpinned by a sleek kitchen with stone surfaces, an inviting breakfast bar and quality stainless-steel appliances including an integrated microwave and a Fisher and Paykel dish-drawer. The entire apartment has been freshly painted and has had new hard floors installed. The palatial master suite is serviced by mirrored walk-thru robes, a fully tiled ensuite and a private balcony overlooking the peace and quiet of Fawkner Street.

Take advantage of secure undercover parking, a storage cage, laundry capability including a combination washer/dryer, bedrooms privately separated by the living space, a hallway entrance, intercom security, ducted heating and cooling, double glazing, openable windows, recessed down-lighting, and slimline Venetian and roller blinds throughout.

Best of all, enjoy direct access to Southbank Grand amenities including a 24/7 concierge, an indoor pool, a BBQ terrace and a fully equipped gym. Confident investors can set and forget this high-flying portfolio performer, while owner/occupiers will purchase this value-packed gem with certainty.

* Photos have been virtual staged.

Council Rates: $253.01 per quarter approx.
Water Rates: $172.90 per quarter approx.
Owners Corporation Fees: $1,185.07 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1/80 Fawkner St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$500,000
20 Sep 2024
Listed for Rent
$550/w
16 Jun 2022
  • 20 Sep 2024
    Sold for $500,000
  • 20 Aug 2024
    Listed for Sale Not Disclosed
  • 16 Jan 2024
    Listed for Sale EOI due on 1st March Friday, $530,000 - $580,000
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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 28,055 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 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1285 properties were sold in the past 12 months in Southbank.

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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.