SOLD
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Sold on 24 Nov 2023 for $587,000

507/100 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 507/100 Kavanagh St, Southbank

507/100 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Local Government
Melbourne
Lot/Plan
507/PS502318

Last Listing description (November 2023)

Immersed in natural light across a far-reaching floorplan, this impressive 2 bedroom, 2 balcony apartment is the perfect fit for market entrants, investors and those on the lookout for a central city-edge base. The spacious layout is matched by an unbeatable neighbourhood with convenience covered. Simply stroll to Boyd Community Hub, the arts precinct, Crown, riverfront restaurants, Southbank Library, Sturt Street trams and Melbourne Square Woolworths across the road.

Beyond a high, wide and inviting hallway entrance, enjoy the air-conditioned joys of roomy open-plan living and dining with brand-new floorboards underfoot. A granite-topped kitchen boasts a breakfast bar and stainless-steel appliances plus an updated dishwasher. Make a seamless connection with a primary undercover balcony featuring relaxed neighbourhood skyline views, while a second balcony overlooks treetops towards the east. Freshly painted throughout, both newly carpeted bedrooms are filled with light and generously scaled, serviced by mirrored built-in robes and a fully tiled bathroom with a sparkling shower over a bathtub.


Staged on the fifth floor of the prestigious Victoria Tower building, additional features include secure parking, a large concealed laundry with a dryer, split-system heating and cooling, double glazing, slimline Venetian blinds, video intercom entry, a 24-hour concierge and resort-style access to a 25m indoor pool, spa, sauna, fully equipped gym, tennis court and a BBQ terrace. Inspect today!

Outgoings:
Council Rates: $387.00 per quarter approx.
Water Rates: $166.00 per quarter approx.
Owners Corporation Fees: $1,658.00 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 507/100 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$587,000
24 Nov 2023
Listed for Rent
$525/w
30 Mar 2016
  • 20 Nov 2023
    Sold for $587,000
  • 05 Oct 2023
    Listed for Sale $550,000 - $600,000
  • 12 Feb 2016
    Listed for Rent $525 / 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 27,879 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 176 properties listed for sale, and 237 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1222 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Contact agent
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.