OFF MARKET

12/8 Wells Street
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 150m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 12/8 Wells St, Southbank

12/8 Wells St, Southbank is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1996. The property has a floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in September 1995.

Building Type
Unit
Year Built
1996
Floor Size
150m2
Local Government
Melbourne
Lot/Plan
12/PS339680

Last Listing description (April 2016)

Quietly located behind St Kilda Road, overlooking Victorian College of the Arts, this enormous apartment in the stunning Sovereign building is within easy walking distance to Royal Botanical Gardens, CBD and Federation square, as well as South Melbourne markets and shops.
Boasting a security entrance, two basement carparks and first class common facilities including a magnificent outdoor pool, tennis court, fully equipped gym, sauna, BBQ area and function room, this apartment will provide a fabulous new home without compromising at all on space.
Freshly painted and with new carpet, the property offers:

- ultra spacious open plan lounge and dining area
- L-shaped balcony with north-west orientation
- kitchen with gas cooking, electric wall oven and new dishwasher
- generous master bedroom with mirror finish robes
- ensuite bathroom
- two further double bedrooms with mirror finish robes joined by semi-ensuite bathroom
- fourth double bedroom with mirror finish robes
With all four bedrooms extremely generous, this apartment could truly have a queen bed in each. The floorplan also allows residents some versatility - use all bedrooms, or convert the fourth into a second living space / home office.
Apartments this large are a rare find in Southbank, so don't miss your opportunity to inspect this unique abode on the city fringe with an abundance of public transport just around the corner. .

Property History for 12/8 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$356,000
19 Sep 1995
Listed for Rent
$1.10k/w
06 Apr 2016
  • 24 Mar 2016
    Listed for Rent - Price not available
  • 05 Dec 2014
    Listed for Rent - Price not available
  • 11 Mar 2009
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 27,865 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 202 properties listed for sale, and 220 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1240 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.