132/38 Kavanagh Street, Southbank, VIC 3006 sold on 24 February 2026 | OnTheHouse
SOLD
Sold on 24 Feb 2026 - Price Unavailable

132/38 Kavanagh Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 54m2
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Property Details for 132/38 Kavanagh St, Southbank

132/38 Kavanagh St, Southbank is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 54m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
54m2
Land Size
54m2

Last Listing description (February 2026)

• East-facing aspect over arts precinct
• Fully renovated bathroom with laundry
• Floorboards throughout living zones

• Large living and dining proportions
• Balcony with open outlook
• Split-system heating and cooling
• Amenities include heated pool, spa, gym, BBQ terrace
• Secure car space on title (not stacker parking)
• Available with vacant posession

An east-facing outlook across Melbourne's arts precinct sets the tone for this well-proportioned one-bedroom apartment, offering light, openness, and a sense of space that is increasingly hard to find.

The layout is practical and easy to live in, anchored by a generous living and dining zone that comfortably accommodates both relaxing and entertaining. Floorboards run throughout, enhancing flow and durability, while large windows draw in morning light and frame an open outlook toward the arts precinct, with distant views extending toward the Dandenong Ranges and the MCG. A private balcony extends the living space and provides a quiet spot for a morning coffee or evening wind-down.

The kitchen is neatly positioned off the main living area, offering good bench space, storage, and a functional layout without intruding on the room's proportions. The bedroom is larger than most, includes built-in robes, and enjoys the same eastern aspect, creating a calm and comfortable retreat. The bathroom has been fully renovated and incorporates a concealed laundry, delivering a clean, modern finish with everyday practicality.

Comfort is covered year-round with split-system heating and cooling, secure video intercom entry and the apartment is complemented by a secure car space.

Residents also have access to well-maintained amenities including a heated indoor pool, spa, gym, and communal BBQ terrace. Positioned on Kavanagh Street, the location places you moments from Southbank Promenade, the Arts Centre, NGV, Royal Botanic Gardens, and a wide range of cafes and restaurants. Trams, Flinders Street Station, and the CBD are all within easy reach, making this a compelling option for both owner-occupiers and investors.

Property History for 132/38 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
24 Feb 2026
  • 13 Feb 2026
    Sold for $400,000
  • 04 Feb 2026
    Listed for Sale $380,000 - $415,000
  • 25 Oct 2010
    Sold for $375,000
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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 30,482 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 165 properties listed for sale, and 206 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1303 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Giorgio Fulli
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Michael Pastrikos
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Ray White Southbank | Port Phillip
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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.