OFF MARKET

609/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 2295m2
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Property Details for 609/118 Kavanagh St, Southbank

609/118 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 2295m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in January 2012.

Building Type
House
Year Built
2014
Floor Size
63m2
Land Size
2295m2
Local Government
Melbourne
Lot/Plan
609/PS647246

Last Listing description (February 2023)

Partially Furnished - Perfect inner city two bedroom apartment with fantastic views, situated in the near new EPIC Apartment building! Located only a short walk to South Melbourne Market, Crown, the arts precinct, public transport and Southbank cafes and restaurants!

* please note photos are indicative of apartments in this building only.


Apartment features:
- Reverse cycle air conditioning and heating to living room
- Large private balcony
- Modern kitchen featuring dishwasher and microwave
- Two bedrooms featuring mirrored built in robes
- Washing machine combo dryer
- Two Queen size beds, Wooden Drawers, Television and Unit, Lounge Seater Suite, Dining Table and Chairs, Fridge, Microwave, Clothing Airer Folder, and Vacuum Cleaner Provided

Complex features:
- Pre-connected high-speed NBN internet
- 24-hour concierge, video intercom system and keyless building entry
- Secure high speed elevators
- Indoor pool, gym and tennis court
- Average 8 Star energy rating and double-glazed windows for noise and climate insulation.

*Please note this building has an embedded network for one or more utility supplies. For further information please speak to your Leasing Executive.

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Property History for 609/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$599,000
25 Jan 2012
Listed for Rent
$650/w
08 Feb 2023
  • 08 Feb 2023
    Listed for Rent $650 / week
  • 21 Feb 2022
    Listed for Rent - Price not available
  • 25 Jan 2012
    Sold for $599,000

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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 28,054 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 2.35% increase. As at 30 September 2024:

  • The median value for Houses in Southbank is $759,187 while the median value for Units is $586,941.
  • Houses have a median rent of $675 while Units have a median rent of $652.
There are currently 171 properties listed for sale, and 230 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1273 properties were sold in the past 12 months in Southbank.

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