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

81/88 Wells Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 4348m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 81/88 Wells St, Southbank

81/88 Wells St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 4348m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in March 2003.

Building Type
Unit
Year Built
1995
Floor Size
76m2
Land Size
4348m2
Local Government
Melbourne
Lot/Plan
81/PS338122

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

A timeline of how this property has performed in the market
Last Sold
$305,000
23 Mar 2003
  • 23 Mar 2003
    Sold for $305,000
  • 14 Apr 1999
    Sold for $217,000
  • 04 Mar 1999
    Listed for Sale Not Disclosed
Sign in to see more transactions
Commute Calculator

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 171 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to Cotality's data, 1309 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.