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1/88 Wells Street, Southbank$525,000
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For Saleapartment

1/88 Wells Street

Southbank, VIC 3006, Australia
$500,000 – $550,000
1 bed 1 bath 1 car67 m²

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About this property

Easy to love, exceptional to live in, and effortless to rent out, this low-maintenance 1-bedroom corner apartment will truly surprise with the vast amount of indoor/outdoor space on display (approx. 67sqm). Exit your front door and a serene Southbank neighbourhood is ready to explore. Walk to the Royal Botanic Gardens, arts precinct, the MCG, local cafes, and trams to the city and beyond. As a well-maintained part of The Keep complex, this is low-rise luxury in an idyllic garden setting. Discover wide-reaching open-plan living and dining on brand-new floorboards underfoot, complemented by a chef-friendly kitchen featuring a breakfast bar and stainless-steel appliances including an easy-clean electric cooktop. Step outside and instantly relax on an east-facing balcony with leafy perimeter privacy. This tranquil undercover sanctuary on the first floor is the perfect perch to enjoy a morning coffee or an after-work drink as the sun goes down. Enjoying direct access to the balcony, the sizeable and sunlit bedroom is newly carpeted, superbly serviced by mirrored built-in robes and a sparkling bathroom boasting a shower over a bathtub and a wall-to-wall mirror. Freshly painted throughout, comprehensive features include secure car parking, Euro-style laundry with a dryer, ducted heating and cooling, new LED lighting, roller blinds, and intercom security. Call today to secure this gem! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
67 m²
Listed
1 month ago

Repayment calculator

$2,545/month
$1,273 /fortnight
Loan $420,000 at 6.10% over 30 years

Upfront costs

Deposit$105,000
Stamp duty$26,570
Conveyancing (est.)$2,000
Total upfront$133,570
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southbank

This 1-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $645,000 median of 57 comparable apartmentswithin 5 km.

Schools near Southbank

  • South Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 116: City Road (tram)684 m away
  • AWM Electrical & Data Suppliers631 m away
  • Kings Business Park428 m away
  • Sturt Street Reserve437 m away
  • Unnamed440 m away

Southbank at a glance

Full suburb profile
Population
22,631
Median age
31
Household income
$1,926/wk
Median rent
$411/wk
Median mortgage
$1,900/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

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Full Southbank market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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