Southbank VIC 3006, Australia
Also written as Unit 119, 22 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 | 2 Feb 2021 | $730,800 | — |
It is located in Southbank, which sits about 1 km (approximately 0.6 mi) south of the Melbourne CBD. This short distance makes the CBD easily reachable on foot or by a brief tram ride
Several tram routes serve the area, including Route 1 on Sturt Street, Routes 12 and 96 on Clarendon Street, and Route 58 on Queensbridge Street and Kings Way. The Arts Precinct/Sturt St tram stop is roughly 0.2 km away, providing convenient access to the wider city
The property is near major landmarks such as Australia 108, Eureka Tower and its Skydeck, and the Melbourne Recital Centre. The Southbank Promenade, with its weekly art‑and‑craft market and riverside walks, is also just a short stroll away
Within a few hundred metres there are several hotels, including Quest Southbank, Oaks Melbourne Southbank Suites, Adina Apartment Hotel, Holiday Inn Express, and The Langham. These provide a range of dining and accommodation options for visitors and residents alike
The unit sits on a land parcel of approximately 1,074 m². This provides ample space for the single‑level living layout
The property features one bedroom and one bathroom, making it a compact, low‑maintenance living space. It is well‑suited for individuals or couples seeking a city lifestyle
Southbank is a densely populated inner‑city suburb renowned for its high‑rise apartments, major office towers, and vibrant cultural precincts. The 2021 census recorded 22,631 residents, with a multicultural community and a strong focus on arts, entertainment, and business
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