SOLD
Sold on 01 Dec 2023 for $550,000

1608/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
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Property Details for 1608/118 Kavanagh St, Southbank

1608/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2000. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Southbank in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
75m2
Local Government
Melbourne
Lot/Plan
1608/PS647246

Last Listing description (November 2023)

Attention Astute Investors or Empty Nesters!!!!


Here is a golden opportunity for you to secure this modern 2-bedroom, 2 bath and 1 car parking space, apartment with slick designer style. It doesn't get much better than this in the State-of-the-art "Epic" Apartment complex, where a resort-style indoor pool, tennis court, gym, and concierge are all at your disposal.

The interior with a living room opening to a sheltered balcony runs the full width of the apartment and showcases spectacular panoramic skyline views towards the city. Natural northern light streams through floor-to-ceiling glass and radiates deep within the far-reaching open-plan living and dining area This stylish retreat will be a dream for entertaining! Generously scaled, both bedrooms feature mirrored built-in robes, serviced by a pair of fully tiled bathrooms with stone-topped vanities

Every day will seem like a "Epic" day when you live here!!!!!


Auction is on Saturday 16th of September at 11:00 am on site.

Property History for 1608/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$550,000
01 Dec 2023
Listed for Rent
$475/w
19 Feb 2021
  • 01 Dec 2023
    Sold for $550,000
  • 14 Aug 2023
    Listed for Sale Contact Agent
  • 05 Feb 2021
    Listed for Rent $475 / 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 28,055 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1285 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.