Southbank VIC 3006, Australia
Also written as Unit 38, 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 | 14 Jun 2019 | $750,000 | — |
| Sale | 12 Apr 2014 | $535,000 | — |
| Sale | 11 Apr 2005 | $330,000 | — |
| Sale | 10 Feb 2002 | $310,000 | — |
| Sale | 29 Aug 2000 | $315,000 | — |
It is a unit featuring two bedrooms and one bathroom. The property includes one parking space and sits on a 1,756 m² land parcel
Southbank lies about 1 km south of Melbourne’s CBD, so the unit is a short walk or quick tram ride into the city centre
Tram routes 1, 12, 58, 96 and 109 serve Southbank, with the Arts Precinct/Sturt St and Grant St/Sturt St stops only about 0.3 km away. Major roads such as Kingsway, Clarendon Street and Queensbridge provide easy bus and car access
The Southbank Promenade, Southgate restaurant and shopping precinct, Crown Casino and the Melbourne Arts Precinct are all adjacent to the area. The promenade also hosts a weekly art‑and‑craft market and frequent street performances
Within 0.2–0.3 km you’ll find Australia 108, Eureka Tower and its Skydeck, the Jones Bond Store heritage building, and several hotels such as the Wrap on Southbank and Quest Southbank
The suburb is bounded by the West Gate Freeway to the south, Kingsway and Clarendon Street to the east, and streets like Southbank Boulevard, Sturt Street and Power Street run through the interior
Southbank had a population of 22,631 in the 2021 Census, with a culturally diverse community, about one‑third were born in Australia and significant numbers from India, China, Colombia and Malaysia. English-only households make up 45 % of homes, while Mandarin, Spanish and Hindi are common secondary languages
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