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118/28 Southgate Avenue, Southbank$700,000
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118/28 Southgate Avenue

Southbank, VIC 3006, Australia
$700,000
2 bed 2 bath 1 car85 m²

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About this property

Highlighting space, sunlight and stunning views, this wide-reaching 2 bedroom, 2 bathroom apartment offers an exciting opportunity to experience the very best of Melbourne on the cusp of the city. Simply stroll to the NGV, the arts and sporting precincts, riverside restaurants on Southbank Promenade, Crown, the Royal Botanic Gardens, Melbourne Square Woolworths, Flinders Street trains, and all the attractions of the CBD. This is truly living! Set on the 11th floor of the sought-after 28 Southgate complex, a recently renovated kitchen boasts an inviting breakfast bar, full-sized dishwasher, pristine oven, and an easy-clean induction cooktop. Spacious open plan living and dining connects with a sheltered balcony showcasing captivating views sweeping over the neighbourhood. Dine, recline and entertain with a blissful backdrop overlooking the National Gallery of Victoria, the Royal Botanic Gardens, the Shrine of Remembrance, and enticing blue-water glimpses of Port Phillip Bay. A perfect pair of light-filled bedrooms are generously sized and robed, serviced by a principal bathroom graced with a shower over a bathtub. The main bedroom comes complete with walk-in robes and a private ensuite, while the second bedroom enjoys direct balcony access. Comprehensive features include a European laundry with a wall-mounted dryer, ducted heating and cooling throughout, sleek floorboards, roller blinds, recessed down-lighting, NBN connectivity, intercom entry, an on-site manager, and resort-style use of a spa and well-equipped gym. An inspection will impress! Potential Rental Income: $800 per week approx. * 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
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
85 m²
Listed
3 months ago

Repayment calculator

$3,394/month
$1,697 /fortnight
Loan $560,000 at 6.10% over 30 years

Upfront costs

Deposit$140,000
Stamp duty$37,070
Conveyancing (est.)$2,000
Total upfront$179,070
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 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 22% above the $575,000 median of 65 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)876 m away
  • Unnamed722 m away
  • Unnamed327 m away
  • Unnamed327 m away
  • Unnamed327 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 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

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