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Sold on 01 Nov 2023 for $695,000

1109/26 Southgate Avenue
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1109/26 Southgate Ave, Southbank

1109/26 Southgate Ave, Southbank is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
75/PS349390

Last Listing description (November 2023)

Within the sublime confines of the Quay West complex, this apartment offers astute buyers an opportunity to acquire prime property boasting what are surely Melbourne's most magnificent iconic and inspirational views in the premier complex Quay West.

Enjoying an element of flexibility and the ultimate in peace and quiet due to its aspect towards the Yarra River and away from the road, the fully furnished interiors have been tastefully appointed with a luxurious finish throughout. Serviced by a modern kitchen featuring granite benchtops, stainless steel Smeg appliances, a dishwasher and laundry facilities, the lounge/dining areas flow out to a sheltered north-facing balcony with a never-to-be-built-out outlook taking in shimmering river waters, St Paul's Cathedral, Princess Bridge and Federation Square.

Whether upon rising in the morning or before retiring for the night, the double bedroom (mirrored built-in robes & direct balcony access) makes the most of the magnificent urban backdrop via a large picture window, while a stylish bathroom comes complete with a separate bathtub ideal for soaking after a day out on the town.

Neighbouring the Arts Centre and National Gallery Of Victoria and ensuring unprecedented access to the city's renowned laneways, boutiques, cafes, theatres, shopping and public transport, it includes a secure car space, central ducted heating and cooling, high quality drapery and use of the five-star facilities, comprising of an indoor pool, gym, spa, sauna and 24-hour reception.

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Property History for 1109/26 Southgate Ave, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$695,000
01 Nov 2023
  • 01 Nov 2023
    Sold for $696,000
  • 31 Jul 2023
    Listed for Sale Not Disclosed
  • 28 Feb 2022
    Sold for $770,000
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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 28,054 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 171 properties listed for sale, and 229 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1273 properties were sold in the past 12 months in Southbank.

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Kim Shannon
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Dingle Partners - Melbourne
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