Southbank VIC 3006, Australia
Also written as Unit 123, 38 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 | 22 May 2025 | $570,000 | — |
| Sale | 12 Aug 1998 | $267,000 | — |
The unit at 123/38 Kavanagh Street offers 2 bedrooms and 1 bathroom
The property includes a land area of approximately 1,756 m²
Southbank lies about 1 km south of Melbourne’s CBD, placing the unit within easy walking distance of the city centre
Australia 108, Eureka Tower, the Eureka Skydeck, and the Jones Bond Store are all within roughly 0.1–0.3 km, making them easily reachable on foot
Tram routes 1, 12, 58, 96 and 109 run through Southbank, providing direct connections along St urt Street, Clarendon Street, Queensbridge Street and Kings Way
The Southbank Promenade, Southgate restaurant and shopping precinct, and Crown Casino are all within a few minutes’ walk, offering dining, retail and cultural activities
Southbank is a densely populated inner‑city suburb with a 2021 population of 22,631, where about one‑third of residents were born in Australia and a diverse mix of languages such as Mandarin, Spanish and Hindi are spoken at home
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