Southbank VIC 3006, Australia
Also written as Unit 118, 88 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 | 28 Apr 2018 | $540,000 | — |
It is a unit comprising two bedrooms, one bathroom, and occupies about 85 m² of land
Australia 108 is roughly 0.2 km away, placing the property within easy walking distance of the city’s tallest buildings
The vicinity is serviced by tram routes 1, 12, 58, 96 and 109, with the nearest tram stop at Casino/Southbank/Queens Bridge St about 0.3 km away
Nearby hotels include Ink Hotel Melbourne Southbank (next door), Wrap on Southbank (0.1 km), and Adina Apartment Hotel Melbourne Southbank (approximately 0.3 km)
The Southbank Promenade, Crown Casino, and the weekly art and craft market near the Arts Centre are all within a few hundred metres of the unit
In the 2021 Census, Southbank had 22,631 residents; while 45.4 % speak only English at home, other frequent languages include Mandarin, Spanish, Hindi, Cantonese and Indonesian
Southbank hosts headquarters for companies such as Crown Resorts, Treasury Wine Estates, and regional offices of several large corporations, contributing to its status as a primary business centre
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