59/38 Kavanagh Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
 
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59/38 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 1755m2
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Last updated 24 Aug 2026
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Property Details for 59/38 Kavanagh St, Southbank

59/38 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 1755m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
2000
Floor Size
78m2
Land Size
1755m2
Local Government
Melbourne
Lot/Plan
59/PS421982

Last Listing description (December 2025)

• Light-filled two-bedroom apartment plus study in Yarra Condos
• Open-plan living/dining with floor-to-ceiling windows and balcony
• Modern kitchen with Caesarstone benchtops and stainless steel appliances

• Bedrooms include mirrored built-in robes for ample storage
• Stylish bathroom with European laundry and included dryer
• Dedicated study, perfect for a home office or storage
• Resort-style amenities: gym, heated pool, spa, and sauna
• Prime Southbank location near Crown, cafes, and public transport
• Secure Carpark on Title
• Available with Vacant Possession

Located in the sought-after Yarra Condos, this light-filled two-bedroom apartment with a study offers modern comfort in a prime Southbank location. Just minutes from Crown Casino, Clarendon Street cafes, and public transport, enjoy the best of city living with peaceful surroundings.

The open-plan living and dining area is bathed in natural light, with floor-to-ceiling windows leading to a private undercover balcony. The sleek kitchen boasts Caesarstone benchtops, stainless steel appliances, and a dishwasher.

Both bedrooms feature mirrored built-in robes, while the contemporary bathroom includes a spacious vanity and European laundry with a dryer. A dedicated study provides the perfect work-from-home setup or additional storage.

Residents enjoy access to a gym, heated indoor pool, spa, and sauna. Secure intercom entry and on-site management offer peace of mind. With trams, Flinders Street Station, and Melbourne's vibrant laneways nearby, this is the ultimate Southbank lifestyle opportunity.

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Property History for 59/38 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$590,000
01 Apr 2025
Listed for Rent
$680/w
08 Apr 2025
  • 02 Apr 2025
    Listed for Rent $680 / week
  • 01 Apr 2025
    Sold for $590,000
  • 02 Mar 2025
    Listed for Sale $550,000 - $600,000
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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 30,508 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 172 properties listed for sale, and 221 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1299 properties were sold in the past 12 months in Southbank.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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