116/88 Kavanagh Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

116/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2691m2
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Property Details for 116/88 Kavanagh St, Southbank

116/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2691m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Unit
Year Built
2003
Floor Size
68m2
Land Size
2691m2
Local Government
Melbourne
Lot/Plan
116/PS449140

Last Listing description (September 2026)

UNFURNISHED - Enjoy the best of Melbourne at your doorstep. Only metres to Crown Entertainment Complex and Yarra River. Close to tram lines and a short walk to Flinders Street Station for trains to universities and schools. Walk to the Central Business District, Southgate Riverside restaurants, Victorian Arts Centre and Royal Botanic Gardens. Close to Albert Park, South Melbourne Market and the MCG.

Accommodation: Large open plan living and dining area with air conditioning leading to your own private balcony. Stylish kitchen with granite benches, glass splashbacks & all the necessary appliances including cooktop, oven and dishwasher. Great sized bedrooms with built in robes & floor to ceiling windows. One of the bedrooms has a study nook. Sparkling central bathroom with hideaway laundry. Bright and warm colour paint and wooden style floorboards across the entire apartment make you feel like home.

Features: One secure car space. Air conditioning in the leaving area and ceiling fans in the bedrooms. Great resident facilities include 25m indoor heated pool, fully fitted gym, tennis court, BBQ in garden courtyard and secured car parking.

NOTE: image/s are indicative only and have been chosen to best reflect apartment advertised but may reflect a different apartment design.

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

Property History for 116/88 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$565,000
22 Sep 2024
Listed for Rent
$650/w
27 Apr 2026
  • 13 Apr 2026
    Listed for Rent $650 / week
  • 28 Mar 2025
    Listed for Rent $520 / week
  • 01 Oct 2024
    Listed for Sale Not Disclosed
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. There are 7 parks, covering nearly 1.5% of the total area. The population of Southbank in 2016 was 18709 people. By 2021 the population was 22631 showing a population growth of 21.0% 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 2021, 30.30% of the homes in Southbank were owner-occupied compared with 33.80% in 2016.

Southbank has 30,703 properties. Over the last 5 years, Houses in Southbank have seen a -66.06% decrease in median value, while Units have seen a 1.15% increase. As at 31 July 2026:

  • The median value for Houses in Southbank is $470,262 while the median value for Units is $547,922.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 162 properties listed for sale, and 209 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1458 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.