OFF MARKET

78/88 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 4348m2
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Property Details for 78/88 Wells St, Southbank

78/88 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 4348m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1995
Floor Size
78m2
Land Size
4348m2
Local Government
Melbourne
Lot/Plan
78/PS338122

Last Listing description (January 2024)

Welcome to your new urban sanctuary in the heart of Southbank, Melbourne. This beautifully appointed two bedroom, one bathroom apartment offers a generous 79 sqm of stylish living space, designed with modern convenience and comfort in mind, complete with the added convenience of a private car park.

Step inside and be captivated by the contemporary open plan living area, flooded with natural light and offering ample space for relaxation and entertaining. The sleek kitchen boasts high-quality finishes, including stainless steel appliances and ample storage, making it a chef's delight.

The two bedrooms are thoughtfully designed for comfort, with plush carpets and built-in wardrobes. The modern bathroom features sleek fixtures and fittings, adding a touch of luxury to your daily routine.

Perfectly positioned in the vibrant Southbank precinct, you'll enjoy unparalleled access to Melbourne's finest dining, shopping, and entertainment options. With world-class cultural landmarks such as the Arts Centre and National Gallery of Victoria just a short stroll away, you'll be at the heart of the city's cultural hub.

Don't miss this opportunity to secure your piece of cosmopolitan living in Southbank, Melbourne. Enquire now and experience the best of city living in this stylish two bedroom apartment.

*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 78/88 Wells St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$615,000
07 Jul 2023
  • 07 Jul 2023
    Sold for $615,000
  • 11 Apr 2023
    Listed for Sale $590,000-$645,000
  • 08 Jul 1998
    Sold for $185,000

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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 27,879 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 233 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1258 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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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.