Southbank VIC 3006, Australia
Also written as Unit 1, 53 Kavanagh Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 17 Sep 2007 | $420,000 | — |
| Sale | 13 Mar 2004 | $270,000 | — |
| Sale | 28 Apr 1998 | $210,100 | — |
| Sale | 2 Dec 1992 | $189,000 | — |
It is a unit located in Southbank with two bedrooms, one bathroom, and sits on a sizable 6,446 m² parcel of land
Southbank lies about 1 km (0.6 mi) south of Melbourne’s CBD, making it easily reachable on foot or by public transport
The unit is a short walk from iconic skyscrapers such as Eureka Tower, Australia 108 and the Eureka Skydeck, as well as hotels like the Adina Apartment Hotel and the Langham
Southbank Promenade, the Crown Casino entertainment precinct, and the Melbourne Arts Precinct with the National Gallery of Victoria are all within a few minutes' walk
Tram routes 1, 12, 58, 96 and 109 run through Southbank, while the Evan Walker Footbridge and Capital City Bicycle Trail provide pedestrian and cyclist links across the Yarra River
The 2021 census recorded a population of 22,631 residents in Southbank
Southbank hosts headquarters for companies such as Treasury Wine Estates, Crown Resorts, and media organisations like the ABC and the Herald Sun
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