121/38 Kavanagh Street, Southbank, VIC 3006 sold on 15 September 2026 | OnTheHouse
SOLD
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Sold on 15 Sep 2026 for $598,000

121/38 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 1756m2
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Property Details for 121/38 Kavanagh St, Southbank

121/38 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 1756m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
78m2
Land Size
1756m2
Local Government
Melbourne
Lot/Plan
121/PS421982

Last Listing description (September 2026)

Maximising natural light in a coveted corner setting, this spacious 2-bedroom apartment is superbly set on the cusp of the CBD. Venture downstairs and embrace the lifestyle of your dreams with the best of Melbourne on your radar. Stroll to the arts precinct, Crown entertainment, Woolworths, the popular Rocks on Wheels playground, Sturt Street trams, the Royal Botanic Gardens, riverfront restaurants, and Flinders Street trains.

Floor-to-ceiling glass directs sun to every far-reaching corner of an open-plan living and dining area with sleek new floorboards underfoot. Enjoy a gleaming kitchen with a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Always free-flowing on the 12th floor of the Yarra Condos complex, step outside to a private sheltered balcony boasting picturesque views sweeping across the neighbourhood skyline and blue-water bay glimpses dotted on the horizon. Both large bedrooms are mirror-robed, newly carpeted and sunlit, serviced by a deluxe bathroom with a shower over a bathtub.


Freshly painted throughout, comprehensive features include secure car parking, laundry capability, split-system heating and cooling, and roller blinds. Resort-inspired Yarra Condos comes with intercom security and exclusive use of a glass-roofed lap pool, spa, sauna, a well-equipped gym, and a BBQ terrace. This stylish sanctuary is tailor-made for first homeowners, investors and out-of-towners on the lookout for a lock-and-leave central base. Inspect today!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 121/38 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$598,000
15 Sep 2026
Listed for Rent
$490/w
09 Mar 2022
  • 15 Sep 2026
    Sold for $598,000
  • 27 Aug 2026
    Listed for Sale $598,000
  • 03 Mar 2022
    Listed for Rent $490 / 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 30,699 properties. Over the last 5 years, Houses in Southbank have seen a -66.28% decrease in median value, while Units have seen a 2.46% increase. As at 31 August 2026:

  • The median value for Houses in Southbank is $436,701 while the median value for Units is $559,330.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 165 properties listed for sale, and 219 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1414 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.