Southbank VIC 3006, Australia
Also written as Unit 185, 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 | 16 Apr 2025 | $560,000 | — |
| Sale | 18 Feb 2017 | $462,000 | — |
| Sale | 30 Apr 2002 | $315,100 | — |
| Sale | 4 Oct 1998 | $282,000 | — |
It is a unit featuring two bedrooms, one bathroom, and a dedicated parking space. The unit sits on a land parcel of approximately 1,756 m²
The unit includes two bedrooms and one bathroom, making it suitable for small households or couples
Southbank lies roughly 1 km south of Melbourne’s CBD, placing the unit within easy walking distance of the city centre
Several tram lines run through Southbank, including Route 1 on St Urt Street, Route 12 and Route 96 on Clarendon Street, and Route 58 on Queensbridge Street and Kings Way. These provide direct connections to the CBD and surrounding suburbs
Yes, the unit is within 0.2 km of iconic skyscrapers such as Australia 108, Eureka Tower, and the Eureka Skydeck. It is also close to the Southbank Promenade, Crown Casino entertainment precinct, and the Melbourne Arts Precinct
Within 0.2–0.3 km you’ll find several hotels, including the Wrap on Southbank, Ink Hotel Melbourne Southbank, Quest Southbank, and the Travelodge Hotel Melbourne Southbank
The Southbank Promenade forms part of the Capital City Bicycle Trail, offering a dedicated cycling route that runs along the riverfront, though cyclists must adhere to a 10 km/h speed limit
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