SOLD
RECENT ADVICE
Sold on 06 Dec 2024 for $460,000

605/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Sold By
MICM Real Estate
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Property Details for 605/118 Kavanagh St, Southbank

605/118 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
80m2
Local Government
Melbourne
Lot/Plan
605/PS647246

Last Listing description (December 2024)

Enhanced by a central Southbank address of true convenience, this affordable 2 bedroom apartment invites you in to an exclusive world of captivating style, unmatched quality and wide-reaching space. Head downstairs and take a short walk to South Melbourne Market, Boyd Community Hub, Southbank Library, the arts precinct, Crown, sought-after South Melbourne Primary School and a full-line Woolworths supermarket directly across the road. It all adds up to the perfect market entry or high-return investment.

Placed six floors floors high in the luxury-led Epic building, spacious open-plan living and dining is complemented by a stone-finished kitchen with a mirrored splashback, a Fisher and Paykel dish-drawer and high-end appliances including an integrated microwave. Floor-to-ceiling glass slides open and reveals a full-width, east-facing balcony capturing the warmth of morning sun while overlooking the leafy treetops lining Kavanagh Street. Both sizeable bedrooms are serviced by mirrored built-in robes and a fully tiled bathroom with a stone-topped vanity.

Additional features include laundry capacity, ducted heating and cooling, double glazing and recessed down-lighting. Boasting an economical 8 star energy-efficiency rating, the Epic complex is graced with video intercom, high-speed lifts, a 24-hour concierge and resort-grade access to an indoor pool, fully fitted gym and a tennis court.

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

Property History for 605/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$460,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $460,000
  • 03 Sep 2024
    Listed for Sale $460,000
  • 16 Mar 2012
    Sold for $509,000

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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 28,089 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 197 properties listed for sale, and 225 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1272 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.