118/38 Kavanagh Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

118/38 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 1756m2
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Property Details for 118/38 Kavanagh St, Southbank

118/38 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1756m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Land Size
1756m2
Local Government
Melbourne
Lot/Plan
118/PS421982

Last Listing description (March 2025)

Discover the perfect blend of space, convenience, and potential in this exceptional 2-bedroom corner apartment. Situated on the 11th floor, this light-filled residence offers a rare opportunity to create your dream home in one of Melbourne's most vibrant inner-city locations. With a generously sized layout and incredible proximity to world-class amenities, this apartment truly embodies the best of Southbank living.

ACCOMMODATION
Expansive open-plan living and dining areas, complemented by floor-to-ceiling sliding doors.

A spacious balcony offering stunning views of the iconic Southbank skyline.
Well-appointed kitchen featuring appliances, ample bench space, and plenty of storage.
Two queen-sized bedrooms, both with built-in mirrored robes, providing style and functionality.
A sparkling central bathroom with a shower-over-bath, plus integrated laundry facilities for added convenience.
This apartment is neat and tidy, offering an opportunity yo add personal touches to transform it into a contemporary inner-city haven. Unlock its full potential with modern upgrades to suit your style and needs.

SPECIAL FEATURES
Secure car space
Heating and cooling in the living zone for year-round comfort.
Secure intercom entry ensuring privacy and security.
Access to premium resort-style facilities, including an indoor lap pool, a fully equipped gym, a BBQ area, and a serene central courtyard.

Situated in the heart of Southbank, this apartment places you within walking distance of Melbourne's finest attractions:
Crown Casino and Entertainment Complex.
Southbank's vibrant cafes and restaurants.
The Royal Botanic Gardens.
Federation Square and the arts precinct.
Easy access to all public transport options and major freeways.
Melbourne CBD just moments away.

Whether you're an owner-occupier looking for a spacious city retreat or an astute investor seeking a prime opportunity, this apartment ticks all the boxes. Its generous proportions, unbeatable location, and resort-style facilities make it a standout choice.
*SOME PHOTOS ARE VIRTUALLY STAGED*

CONTACT THORAYA JEENA 0481 22 66 88 YOUR TRUSTED TOORAK AGENT FOR FURTHER INFORMATION

(Although every care has been taken in the preparation of the information above, we stress particulars herein are for information purposes only, and do not constitute representation by the Owner or the Agent.)

DUE DILIGENCE CHECKLIST
https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Property History for 118/38 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$519,000
11 Mar 2025
Listed for Rent
$435/w
13 Jan 2022
  • 11 Mar 2025
    Sold for $519,000
  • 07 Jan 2025
    Listed for Sale $500,000-$550,000
  • 11 Oct 2021
    Listed for Rent $435 / week
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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 30,497 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 163 properties listed for sale, and 218 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1319 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.