OFF MARKET

2901/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
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Property Details for 2901/118 Kavanagh St, Southbank

2901/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
2901/PS647246

Last Listing description (February 2024)

FURNISHED - Two Bedroom 2 bathroom Luxury with Bay Views and carpark!

Apartment includes:

- Open-plan living and dining area
- Private balcony access from living room with views towards the Botanic Gardens on one side and Port Phillip Bay on the other
- Modern kitchen with stone benchtop, stainless steel appliances including an integrated dishwasher
- Master bedroom with built-in mirrored wardrobe and ensuite
- Second bedroom with built-in mirrored wardrobe and desk
- Modern bathroom with laundry facilities
- Washing machine is included
- Concealed heating and cooling in living area
- 1 secured car space

Additional Features:
- Secured entry with video intercom
- 24-hour concierge
- Resort-style facilities including a heated pool, tennis court, and a fully equipped gym

Great location next to Boyd Park and community hub, easy stroll to the Arts Precinct, Southgate shopping, Crown entertainment complex and riverside restaurants with a full-line Woolworths supermarket across the road.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Property Consultant.

Property History for 2901/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$620,000
21 Jul 2023
Listed for Rent
$400/w
22 Oct 2020
  • 15 Jan 2024
    Listed for Rent $750 / week
  • 21 Jul 2023
    Sold for $620,000
  • 04 Jul 2023
    Listed for Sale Not Disclosed
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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 27,869 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 200 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1245 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.