Southbank VIC 3006, Australia
Also written as Unit 141, 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 | 8 Mar 2007 | $344,000 | — |
| Sale | 29 Nov 2002 | $326,000 | — |
| Sale | 2 Oct 1999 | $259,000 | — |
The property is a unit that features two bedrooms and one bathroom. It sits on a land area of approximately 1,756 m²
Southbank, where the unit is located, lies about 1 km (0.62 mi) south of Melbourne’s central business district, providing a short walk or quick tram ride into the city
Several tram lines run close to the address, including routes 1 (St urt Street), 12, 58, 96 and 109 along Clarendon, Queensbridge and St urt Streets. Nearby tram stops such as Arts Precinct/Sturt St and Grant St/Sturt St are roughly 0.3 km away
Iconic skyscrapers Australia 108 and Eureka Tower are each about 0.1–0.2 km from the unit. The Southbank Promenade, Crown Casino and the nearby cultural precinct are also within easy reach
Several hotels are situated nearby, including Wrap on Southbank (0.1 km), Adina Apartment Hotel Melbourne Southbank (0.2 km), Quest Southbank (0.2 km), Ink Hotel Melbourne Southbank (0.2 km) and Travelodge Hotel Melbourne Southbank (0.3 km)
The Southbank Promenade hosts a weekly art and craft market, buskers and the Ophelia sculpture, while the Southgate Restaurant and Shopping Precinct and Crown Casino provide dining and entertainment options
Southbank is one of Melbourne’s most densely populated suburbs, recorded a population of 22,631 in the 2021 Census and is dominated by high‑rise apartment towers
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