81/88 Kavanagh Street, Southbank, VIC 3006 | Property Value & History | OnTheHouse
OFF MARKET

81/88 Kavanagh Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 72m2
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Property Details for 81/88 Kavanagh St, Southbank

81/88 Kavanagh St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 72m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2003
Floor Size
72m2
Land Size
72m2
Local Government
Melbourne
Lot/Plan
81/PS449140

Last Listing description (January 2025)

This generous corner apartment offers expansive floor-to-ceiling windows, a delightful balcony, a versatile open-plan living area, a well-appointed granite kitchen, bedrooms with built-in robes, split system heating and cooling, secure parking, luxurious amenities including concierge services, a tennis court, BBQ terrace, indoor heated pool, and gym, iconic MCG views, and a prime location close to Woolworths Melbourne Square, Yarra River, Crown Entertainment, Royal Botanic Gardens, Arts & Sporting Precincts, and convenient access to trams and train stations, this is an exceptional opportunity to own a corner apartment in one of Southbank's most desirable buildings.

OC fee is approx $1,425 per quarter
Council rate is approx $275 per quarter

Water rate is approx $175 per quarter

Property History for 81/88 Kavanagh St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$524,999
28 Oct 2024
Listed for Rent
$490/w
20 Jan 2012
  • 28 Oct 2024
    Sold for $524,999
  • 28 Jun 2024
    Listed for Sale $500,000~$550,000
  • 11 Apr 2016
    Sold for $500,000
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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 30,506 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 170 properties listed for sale, and 223 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1304 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.