OFF MARKET

52/8 Wells Street
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 145m2
Land area: 3901m2
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Property Details for 52/8 Wells St, Southbank

52/8 Wells St, Southbank is a 3 bedroom, 2 bathroom Unit and was built in 1995. The property has a land size of 3901m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last transferred in March 2013.

Building Type
Unit
Year Built
1995
Floor Size
145m2
Land Size
3901m2
Local Government
Melbourne
Lot/Plan
52/PS339680

Last Listing description (September 2022)

Owning an exceptional corner position which allows for breathtaking views of the city skyline, this spacious and lavish 3 bedroom, 2 bedroom, 2 car space, 2 storage cage apartment sits right in the heart of Melbourne's lively arts and cultural precinct.

The stellar views can also be appreciated from the enormous living zone, which is split into large lounge and dining areas. Kitchen with granite bench tops, stainless steel appliances including dishwasher. Master bedroom includes BIR and ensuite. 2 other bedrooms have direct access to shared ensuite. Main bathroom with shower over bath. Separate powder room with access to the laundry.

Ducted heating and cooling throughout. Double glazed windows. 2 car spaces and 2 storage cages.

Conveniently located with parks, schools, VCA, Grant Street Reserve, transport and all that Melbourne has to offer all within walking distance.

Complex features, communal BBQQ area, outdoor swimming pool, spa, sauna, gym and tennis court.

An inspection of this corner, bright and spacious property will be sure to impress.

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Property History for 52/8 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Transferred
25 Mar 2013
Listed for Rent
$1.10k/w
30 Sep 2022
  • 13 Sep 2022
    Listed for Rent $1,100 / week
  • 25 Mar 2013
    Transferred
  • 23 Dec 2002
    Sold for $240,000
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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 27,878 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 183 properties listed for sale, and 234 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1260 properties were sold in the past 12 months in Southbank.

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