Southbank VIC 3006, Australia
Also written as Unit 5, 53 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 | 27 Dec 2012 | $542,500 | — |
| Sale | 28 Aug 2010 | $500,000 | — |
| Sale | 24 Feb 2008 | $415,000 | — |
| Sale | 8 Nov 1993 | $179,000 | — |
It is a unit comprising two bedrooms and one bathroom. The unit sits on a sizeable parcel of land measuring 6,446 m²
The property includes 6,446 m² of land, providing ample outdoor space for a unit in the inner‑city suburb of Southbank
The address is in Southbank, an inner‑city suburb just about 1 km south of Melbourne’s central business district. Southbank is bordered by the Yarra River to the north and St Kilda Road to the east
The nearest tram stop is Arts Precinct/Sturt St, about 0.2 km away, and tram routes 1, 12, 58, 96 and 109 run through Southbank, providing easy access to the city centre
The unit is close to the Southbank Promenade, the Yarra River, Crown Casino, and prominent skyscrapers such as Australia 108 and Eureka Tower, all within roughly 0.2 km
Several hotels are within immediate walking distance, including Quest Southbank (0.0 km), Oaks Melbourne Southbank Suites (0.1 km), Adina Apartment Hotel Melbourne Southbank (0.1 km) and Holiday Inn Express Melbourne Southbank (0.1 km)
The property is near the Melbourne Arts Precinct and the Melbourne Recital Centre, both about 0.2 km away, offering a range of performances and events
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