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210/88 Kavanagh Street, Southbank$397,500
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For Saleapartment

210/88 Kavanagh Street

Southbank, VIC 3006, Australia
$380,000 – $415,000
1 bed 1 bath 1 car5 ha

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Listing description

About this property

Offering the perfect blend of comfort and inner-city convenience, this beautifully presented apartment is a standout opportunity for first-home buyers, city professionals, or savvy investors looking for a high-yield asset. - Sun-Drenched Living: A generous open-plan living and dining zone is framed by expansive floor-to-ceiling windows, creating a bright and welcoming atmosphere. - Indoor-Outdoor Flow: Step out onto your private balcony to enjoy urban outlooks-a perfect retreat for a morning coffee or an evening drink. - Kitchen: A contemporary space designed for practicality, featuring gas cooking, quality appliances, ample storage, and a functional breakfast bar for casual dining. - Quiet Retreat: The well-sized bedroom offers a peaceful escape, complete with built-in robes and excellent natural light. - Rare Value: A secure, dedicated car space adds exceptional value and ease in this prime city-fringe location. Positioned in one of Southbank's most vibrant pockets, you are surrounded by the best of Melbourne: - Daily Essentials: Woolworths Melbourne Square is located directly across the road, making grocery runs incredibly easy. - Dining & Entertainment: A short stroll to the Crown Entertainment Complex, riverside dining along the Southbank Promenade, and the iconic South Melbourne Market. - Culture & Greenery: Walk to the Arts Precinct, NGV, Boyd Community Hub, and nearby parklands. - Seamless Connectivity: Seamless access to the CBD, public transport, and major freeways. Residents of this premium building enjoy access to resort-style facilities, including: - Heated indoor pool and fully equipped gymnasium. - Tennis court - BBQ terrace Secure building access and professional onsite management. Whether you're looking for a stylish first home or a quality investment with strong rental appeal, this is an exceptional Southbank opportunity that is not to be missed.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
5 ha
Listed
2 months ago

Repayment calculator

$1,927/month
$964 /fortnight
Loan $318,000 at 6.10% over 30 years

Upfront costs

Deposit$79,500
Stamp duty$18,920
Conveyancing (est.)$2,000
Total upfront$100,420
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 42% below the $683,000 median of 72 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)286 m away
  • Unnamed173 m away
  • Unnamed78 m away
  • Unnamed213 m away
  • Boyd Community Park214 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.

Due diligence

Property Report

Future Development

Complete

Southbank remains a high-density urban renewal precinct with sustained mixed-use development activity focused on residential apartments, cultural facilities and public realm enhancement. The area is characterised by coordinated precinct development, riverfront activation and strong commercial/residential demand. Ongoing council-facilitated infrastructure projects support continued densification within the established framework plan.

Nearby projects

5

Closest

0.2 km

Southbank Precinct Mixed-Use Development

250m500m750m1kmSouthbank Precinct Mixed-Use Development — 0.2 kmResidential Apartment Tower DA — 0.3 kmYarra River Precinct Public Space — 0.4 kmArts Precinct Activation Project — 0.5 kmCommercial Office Building — 0.6 km

Distance from this property is exact (rings = km). Direction is illustrative.

Southbank Precinct Mixed-Use Development

0.2 km
Mixed-useUnder construction

Ongoing residential and commercial development within the Southbank framework precinct including apartment towers, retail and office space.

2024-2026

200 m

Residential Apartment Tower DA

0.3 km
Apartment buildingApproved

Multi-storey residential apartment development with ground-floor retail and car parking.

2025-2027

300 m

Yarra River Precinct Public Space

0.4 km
InfrastructureUnder construction

Riverfront public realm improvements including landscaping, walkways and recreational facilities.

2024

400 m

Arts Precinct Activation Project

0.5 km
InfrastructureApproved

Public realm upgrade and cultural precinct enhancement including pedestrian connections and gallery expansions.

2025

500 m

Commercial Office Building

0.6 km
Mixed-useProposed

Grade A office tower with co-working spaces and residential apartments in upper levels.

2026-2027

600 m
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 1 bed

Compound growth -3.1% / yr over 4 yrs

$385kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southbank market

This listing

Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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