OFF MARKET

408/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
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Property Details for 408/118 Kavanagh St, Southbank

408/118 Kavanagh St, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2014
Floor Size
42m2
Local Government
Melbourne
Lot/Plan
408/PS647246

Last Listing description (September 2022)

* Photos are virtually staged.

Elevated to perfection over neighbouring parkland, this sun-filled 1 bedroom apartment is a superb showcase of exceptional market entry and investment potential. Footsteps from Boyd Community Hub and Library, walk to South Melbourne Market, Crown, the Arts Precinct, riverfront restaurants and a full-line Woolworths supermarket directly across the road.


Discover roomy open-plan living and dining, underpinned by a stone-finished kitchen with a mirrored splashback and integrated stainless-steel appliances including a microwave and a Fisher and Paykel dishwasher. Standing out on the fourth floor of the luxury-led Epic complex, relax on an undercover balcony featuring lively parkland views with the soaring Southbank skyline rising from behind. The generously proportioned bedroom shares in the vistas, serviced by mirrored built-in robes and a fully tiled bathroom boasting a stone-topped vanity and laundry capability.

Take full advantage of ducted heating and cooling, double glazing, roller and slimline Venetian blinds, recessed down-lighting, NBN readiness, video intercom entry, a concierge and resort-style access to a heated pool, tennis court, and a fully equipped gym.

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

Property History for 408/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$310,000
07 Sep 2022
  • 07 Sep 2022
    Sold for $310,000
  • 11 Jul 2022
    Listed for Sale $310,000
  • 03 Mar 2012
    Sold for $419,000

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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.

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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.