SOLD
Sold on 15 Aug 2024 for $548,088

1009/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
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Property Details for 1009/118 Kavanagh St, Southbank

1009/118 Kavanagh St, Southbank is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
1009/PS647246

Last Listing description (August 2024)

An immaculate mix of sunlit space, lavish luxury and seamless flow, this impressive 2 bedroom, 2 bathroom apartment aims to please in the stylish Epic building. Superbly placed in the heart of Southbank, simply stroll to Boyd Community Hub, the arts precinct, Southbank Library, Crown, riverfront dining and a full-line Woolworths directly across the road.

Discover spacious open-plan living and dining, complemented by a sleek kitchen with stone surfaces and quality stainless-steel appliances including an integrated microwave, a 4-burner gas cooktop and a premium Fisher and Paykel dish-drawer. Framed by full-height glass, spill outside to a full-width balcony with commanding neighbourhood views towards the soaring city skyline. Both generously sized and mirror-robed bedrooms are sensationally serviced by a perfect pair of fully tiled bathrooms with stone detailing.

Take full advantage of secure parking, laundry capacity, an inviting entrance hallway, ducted heating and cooling, double glazing, and slimline Venetian blinds plus roller blinds in the front bedroom. Epic comes complete with NBN availability, video intercom entry, a welcoming 24-hour concierge and exclusive resort-grade access to a pool, gym and tennis court. This is prestigious inner-city living without a hint of compromise. Inspect today!

Outgoings:
Council Rates: $587.00 per quarter approx.
Water Rates: $166.00 per quarter approx.
Owners Corporation Fees: $1,139.00 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 1009/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$548,088
15 Aug 2024
Listed for Rent
$650/w
05 Sep 2023
  • 15 Aug 2024
    Sold for $548,088
  • 16 May 2024
    Listed for Sale Not Disclosed
  • 18 Aug 2023
    Listed for Rent $650 / 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 27,895 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 168 properties listed for sale, and 247 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1226 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.