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.
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:
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:
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