OFF MARKET

48 Kavanagh Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 1756m2
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Property Details for 48 Kavanagh St, Southbank

48 Kavanagh St, Southbank is a 1 bedroom, 1 bathroom House and was built in 2000. The property has a land size of 1756m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
2000
Floor Size
73m2
Land Size
1756m2
Local Government
Melbourne
Lot/Plan
3/PS421982

Last Listing description (September 2020)

Online Auction Registration - https://portal.bidtracker.com.au/auctions/599f39ea-0346-419b-a13c-a6de691a67cb/register-bidder/

A prime property in the blue-ribbon heart of Southbank, this ground-floor Yarra Condos apartment embodies sophisticated inner-city living. This stylish 1-bedroom domain with a study will impress with its window-walled design, spacious floorplan, Kavanagh Street frontage and effortless walk-in, walk-out entry. This is a lifestyle without lifts, in a tree-lined setting walking distance to the best of Melbourne.


Stroll to Southbank's famed riverside bars, restaurants and cafes, to Crown Casino, the Arts Centre, the Royal Botanic Gardens, tram stops, Flinders Street Station, the CBD and more. Walls of glass flood natural light into both the bedroom and the open-plan living and dining area.

Wander outside to a full-width covered porch perfect for time spent in the fresh air, watching the world go by. Enjoy a generous study and a fresh kitchen with a stainless steel oven and gas cooktop, plus a dishwasher. Other highlights include a neat bathroom/laundry, a built-in robe to the bedroom, and intercom.

Yarra Condos residents have access to resort-style amenities including a glass-topped heated indoor pool and spa, a poolside gymnasium, a sauna and a large barbecue terrace. This is a standout offering for city-based professionals, first home buyers and astute investors in one of the world's most liveable cities.

*Inner Real Estate NextRE Coronavirus Update*
At Inner Real Estate the health and wellbeing of our clients and staff is our highest priority.
In light of the Coronavirus outbreak, we are taking measures to protect our clients and staff from coming into contact with the virus, and request that you do not attend an Inspection if you have:
- Tested positive to Coronavirus
- Symptoms associated with Coronavirus
- Recently been in contact with someone diagnosed with Coronavirus
- Agreed to any self-isolation conditions
We also ask that you maintain adequate social distance from anyone attending the inspection, where possible refrain from touching surfaces within the property. We also appreciate your understanding if you are requested to wait outside to reduce the number of people in the property at a time.
Thank you for your understanding.

Property History for 48 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$380,000
04 Aug 2020
  • 04 Aug 2020
    Sold for $380,000
  • 13 Jul 2020
    Listed for Sale $370,000 to $400,000
  • 04 Oct 1999
    Sold for $175,000

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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 28,051 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 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1278 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.