Southbank VIC 3006, Australia
Also written as Unit 406, 100 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 Jul 2021 | $360,000 | — |
It is a unit comprising one bedroom and one bathroom, suitable for single living or a couple
The unit sits on a land parcel of approximately 2,913 m²
The unit was sold for $360,000
The Ink Hotel Melbourne Southbank and Wrap on Southbank are essentially on the same block, while Australia 108, Crown Towers, and the 25–35 Power Street skyscraper are all within about 0.2–0.3 km
Tram routes 1, 12, 58, 96 and 109 run through Southbank, with the Casino/Southbank/Queens Bridge St stop about 0.3 km away, providing easy access to the CBD
Southbank lies directly south of the Yarra River, and the Southbank Promenade runs through the suburb, making riverfront walks and promenade amenities a short stroll from the unit
Southbank had 22,631 residents in the 2021 census, with a diverse community where about one‑third were born overseas, notably from India, China, Colombia, Malaysia and England
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