SOLD
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Sold on 13 Sep 2023 for $670,000

2906/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 77m2
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Property Details for 2906/118 Kavanagh St, Southbank

2906/118 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
77m2
Local Government
Melbourne
Lot/Plan
2906/PS647246

Last Listing description (September 2023)

A spectacular illustration of picturesque water views, this breathtaking 2 bedroom, 2 bathroom corner apartment is an exclusive offering of central Southbank luxury. Experience the ultimate lifestyle with an easy stroll to Crown, Boyd Community Hub and Library, the Arts Precinct, a dual-level Woolworths, South Melbourne Market and state-of-the-art South Melbourne Primary School.

Wide-reaching open-plan living and dining is complemented by a stone-finished kitchen boasting ample pantry space, a mirrored splashback and quality stainless-steel appliances. Situated on the 29th floor of the designer Epic building, slide open floor-to-ceiling glass and step outside to a sheltered balcony with panoramic views sweeping over the Yarra River, the neighbourhood skyline and a vast blue-water expanse of Port Phillip Bay. This is an aspect to cherish! Both light-filled and generously scaled bedrooms enjoy stunning outlooks, serviced by mirrored built-in robes and fully tiled bathrooms with stone detailing.


Comprehensive features include secure parking, laundry capability with a combination washer/dryer, a sizeable study zone with an integrated desk, ducted heating and cooling, double glazing, roller blinds, a tiled entrance, recessed down-lighting, video intercom entry and a 24-hour concierge. Epic is graced with first-rate amenities including a heated indoor pool, fully fitted gym, and a tennis court. Place this one on the top of your list!

Outgoings:
Council Rates: $224.00 per quarter approx.
Water Rates: $161.00 per quarter approx.
Owners Corporation Fees: $1,185.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 2906/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$670,000
13 Sep 2023
  • 31 Aug 2023
    Sold for $670,000
  • 05 Jul 2023
    Listed for Sale $670,000
  • 17 Mar 2012
    Sold for $715,000

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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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Qiao Cai
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Daniel Hajro
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MICM Real Estate - 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.