FOR SALE

Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
This property is currently on the market
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Property Details for 1307/12-16 Kavanagh St, Southbank

1307/12-16 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom House.This Property is currently listed for sale with Nick Tang Property

Building Type
House
Local Government
Melbourne

Last Listing description (July 2024)

Nick Tang Property
Bringing Your Property Dreams To Life
www.nicktangproperty.com.au

Occupying a prized position on the 13th floor of the 'Century Tower' complex, this superb apartment offers an enticing investment opportunity in Melbourne's sought-after Arts Precinct.

Benefitting from high ceilings, the apartment opens to reveal an open plan living and dining zone adorned with floor-to-ceiling windows and accompanied by a fully-equipped kitchen showcasing stone benchtops, glass splashbacks and stainless-steel appliances, including a Fisher and Paykel dishwasher.

Accommodation requirements are easily met by the two robed bedrooms, including a master with built-in-robe, ensuite and balcony, further complemented by a family bathroom with toilet and laundry.

Ducted heating/cooling, secure intercom entry, lift access and reception/concierge are additional highlights, along with a basement car space and access to the building's communal gym and sauna.

From your front door, Melbourne is all yours for the taking! Walk to the Arts Centre, National Gallery of Victoria, Malthouse Theatre, the Royal Botanic Gardens, an impressive array of cafes, bars and restaurants, trams and Flinders Street Train Station.

Thinking of Selling/Leasing or Wanting an Update on your property? Contact Nick Tang on 0452 549 486.

Property History for 1307/12-16 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
  • 02 May 2024
    Listed for Sale $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 27,871 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 167 properties listed for sale, and 222 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 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.