3502/118 Kavanagh Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
FOR SALE

3502/118 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 2295m2
This property is currently on the market
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Property Details for 3502/118 Kavanagh St, Southbank

3502/118 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2295m2 and floor size of 70m2.This Property is currently listed for sale with Ray White Southbank | Port Phillip

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
2295m2
Local Government
Melbourne
Lot/Plan
3502/PS647246

Last Listing description (October 2026)

- Light-filled open-plan living and dining with floor-to-ceiling windows- $700 - $750 per week rental return- Large balcony capturing panoramic views from the MCG to the bay- Stone-appointed kitchen with premium stainless-steel appliances- Main bedroom with mirrored built-in robe and study nook- Second bedroom with mirrored built-in robe and views- Contemporary bathroom featuring quality fittings and Euro laundry- Secure entry via video intercom and lift access, plus basement car space- 24hr concierge, pool, gym, tennis court, Crown and Woolworths steps awayWith panoramic views stretching from the MCG to the bay, this two-bedroom apartment in Epic Tower offers stylish living in the heart of Southbank. Generous open-plan living and dining areas are framed by double-glazed floor-to-ceiling windows and extend to a large balcony, offering plenty of room to unwind or entertain while taking in the outlook.The kitchen features stainless-steel appliances and a gas cooktop, with a layout suited to everyday cooking and entertaining. Two bedrooms, both will mirrored built-in robes share a contemporary central bathroom with laundry facilities, while heating and cooling and a secure car space complete the apartment.Residents enjoy access to an indoor lap pool, gym and tennis court, along with concierge services and secure video intercom entry.Woolworths is across the road, while Crown, the Yarra promenade and Southbank's restaurants are close by. Clarendon Street, South Melbourne Market and the Arts Precinct offer plenty to explore, with nearby public transport connecting you to the CBD and beyond.Ideal for professionals, investors or those seeking a city base, this is a Southbank opportunity not to be missed.

Property History for 3502/118 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$605,888
09 Feb 2023
Listed for Rent
$440/w
21 Dec 2021
  • 18 Oct 2026
    Listed for Sale $565,000 - $590,000
  • 09 Feb 2023
    Sold for $605,888
  • 30 Jan 2023
    Listed for Sale $580,000 - $628,000
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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 30,683 properties. Over the last 5 years, Houses in Southbank have seen a -67.49% decrease in median value, while Units have seen a -0.39% decrease. As at 30 September 2026:

  • The median value for Houses in Southbank is $450,519 while the median value for Units is $545,394.
  • Houses have a median rent of $720 while Units have a median rent of $710.
There are currently 159 properties listed for sale, and 205 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1374 properties were sold in the past 12 months in Southbank.

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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.