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18/100 Wells Street, Southbank$570,000
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18/100 Wells Street

Southbank, VIC 3006, Australia
$570,000
2 bed 1 bath 1 car89 m²

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About this property

A resort-inspired celebration of low-rise luxury, this superbly spacious 2 bedroom apartment promises a lifestyle experience like no other! Head downstairs from your boutique first-floor retreat and take an easy stroll to the Royal Botanic Gardens, the lively arts precinct, Anzac trains, multiple tram routes, and Melbourne Square Woolworths. Large and light-filled open-plan living and dining pivots an updated kitchen boasting a breakfast bar, tiled splashback, sleek cabinetry, and stainless-steel appliances including a 4-burner gas cooktop. Make a free-flowing transition to a sheltered balcony with a delightful leafy aspect, perfect for a morning coffee or after-work drink. Facing north, both mirror-robed bedrooms are generous in scale and individually air conditioned, serviced by a central bathroom with a shower over a bathtub, a Euro laundry, and a separate WC. Nestled inside the sought-after Southbank Royale complex as one of only twenty residences, comprehensive features include secure undercover parking, ducted heating and cooling throughout, an additional split-system unit and panel heating, lightly toned floorboards, and roller blinds. Take full advantage of intercom security, a well-maintained central garden, and exclusive use of a showpiece pool, fully equipped gym, tennis court, and a BBQ terrace. Inspect with certainty! Outgoings: Council Rates: $414.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,242.00 per quarter 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
1
Parking
1
Land Area
89 m²
Listed
3 months ago

Repayment calculator

$2,763/month
$1,382 /fortnight
Loan $456,000 at 6.10% over 30 years

Upfront costs

Deposit$114,000
Stamp duty$29,270
Conveyancing (est.)$2,000
Total upfront$145,270
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 8% below the $622,500 median of 55 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)679 m away
  • AWM Electrical & Data Suppliers600 m away
  • Kings Business Park354 m away
  • Sturt Street Reserve375 m away
  • Unnamed466 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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