Southbank VIC 3006, Australia
Also written as Unit 71, 88 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.
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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.
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Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 12 Jul 2010 | $475,000 | — |
The unit offers 2 bedrooms and 1 bathroom. It is a self‑contained unit with a single parking space included
The unit sits on 2,692 m² of land and was sold for $475,000
It is within walking distance of several high‑rise landmarks such as Australia 108 (≈0.2 km) and Crown Towers (≈0.2‑0.3 km), as well as the Southbank Promenade and Crown Casino area
Tram stops are within approximately 0.3 km, including the Casino/Southbank/Queens Bridge stop. Routes 1, 12, 58, 96 and 109 serve the area, providing easy access to the CBD
Southbank is an inner‑city suburb with a 2021 population of 22,631. Over two‑thirds of residents were born overseas, with common languages besides English including Mandarin, Spanish and Hindi
Yes, several hotels are adjacent, such as Ink Hotel Melbourne Southbank (essentially on the same site) and Wrap on Southbank (≈0.1 km), as well as Crown Towers and Adina Apartment Hotel within 0.3 km
The West Gate Freeway runs along Southbank’s southern border, and key arterial roads like Kingsway, Clarendon Street and Queensbridge are nearby, providing direct routes to the Melbourne CBD
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