705/60 Kavanagh St, Southbank is a 2 bedroom, 2 bathroom Unit and was built in 2019. The property has a land size of 2660m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
* Photos are virtually staged.
Overflowing with natural light in the heart of Southbank, this affordable 2 bedroom, 2 bathroom apartment is delightfully driven by a wonderful sense of space, style and central sophistication. Elevated seven floors high in the luxury-led Southbank Place complex, head downstairs and walk to the Arts Precinct, Crown, Boyd Community Hub, a neighbouring Woolworths and the inviting cafes, bars and restaurants lining the Yarra River all the way through to the CBD.
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 28,055 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:
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