706/26 Southgate Ave, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Smartly renovated with quality at the forefront, this spacious 1 bedroom apartment is a convenient city base, a downsizers dream or a rewarding investment. Head downstairs and discover a riverside address of unmatched convenience, within walking distance of Southbank Promenade restaurants, the Arts Precinct, Royal Botanic Gardens, Federation Square, Crown, Flinders Street trains and the CBD.
Beyond an inviting entrance hallway, wide-reaching open-plan living and dining is underpinned by a sleek kitchen boasting a breakfast bar, stone surfaces and high-quality appliances including an easy-clean induction cooktop and a dishwasher. Step outside from the living space to a private east-facing balcony with leafy views sweeping over the neighbourhood from the 7th floor of the tightly held Quay West Suites complex. Featuring balcony access as well, the supersized main bedroom enjoys a similar aspect, serviced by mirrored built-in robes and a rejuvenated bathroom, stylishly showcasing floor-to-ceiling tiles and a frameless shower with rainfall and hand-held fittings.
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 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:
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