Southbank VIC 3006, Australia
Also written as Unit 7, 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 | 30 Aug 2012 | $515,000 | — |
| Sale | 12 Apr 2003 | $285,000 | — |
| Sale | 27 Nov 1992 | $179,000 | — |
It is a unit that offers two bedrooms and one bathroom, sitting on a 6,446 m² parcel of land
Southbank is located about 1 km (0.6 mi) south of the Melbourne CBD, providing a short walk or quick tram ride to the city centre
Tram routes 1 (St urt St), 12, 58, 96 and 109 run through Southbank, giving easy access to nearby streets such as Clarendon and Queensbridge
Australia 108 and Eureka Tower are each about 0.2 km away, offering iconic city views and nearby dining and retail options
Several hotels are situated within 0.1–0.2 km, including Quest Southbank, Oaks Melbourne Southbank Suites, Adina Apartment Hotel Melbourne Southbank, Holiday Inn Express, Mantra Southbank Melbourne and The Langham
The Melbourne Arts Precinct, Melbourne Recital Centre and the Southbank Promenade, with its weekly arts and craft market, are all within roughly 0.2 km
The 2021 census recorded 22,631 residents, with about one‑third born in Australia and notable communities from India, China, Colombia, Malaysia and England; languages spoken at home include Mandarin, Spanish and Hindi
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