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5/90 Wells Street, Southbank$665,000
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For Saleapartment

5/90 Wells Street

Southbank, VIC 3006, Australia
$635,000 – $695,000
2 bed 1 bath 1 car90 m²

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About this property

• Positioned within Southbank Royale Complex • Oversized Open Plan Living and Dining • Floor to Ceiling Windows in Living Space • Private Balcony accessed from Living Area • Kitchen with Large Island Bench • Ample Kitchen Storage • Two bedrooms with Mirrored Built-In Robes • Modern Bathroom with Shower/Bath Combination • Split System Heating and Cooling in Lounge • Ducted Heating and Cooling Throughout • Secure Car Space (not stacker) • Positioned close to Southbank Promenade Positioned within Southbank Royale, this apartment is immediately defined by its oversized living and dining area, creating a calm, open feel that carries through the home from the moment you enter. The layout is well considered and easy to live in, offering a comfortable inner-city base in a location that keeps everyday convenience close at hand. The living and dining forms the heart of the home, with floor to ceiling windows connecting directly to a private balcony. It is a layout that supports both quiet everyday moments and time spent with friends, without feeling confined. The kitchen sits centrally within the space, featuring a large island bench, modern appliances and generous storage, designed to keep the area functional without interrupting the openness of the floorplan. Accommodation includes two well-sized bedrooms, each fitted with mirrored built-in robes and positioned to provide separation from the main living area. The bathroom is modern and well kept, offering a shower and bath combination. Year-round comfort is supported by split system heating and cooling in the lounge, along with ducted heating and cooling throughout the apartment. A secure car space adds further practicality. Residents are placed within one of Southbank's most connected pockets, where daily life flows easily between the arts precinct, Southbank Promenade and the Royal Botanic Gardens. Cafés, dining and everyday essentials are close by, while Anzac Station and multiple tram routes provide straightforward access into the CBD and surrounding suburbs. It is a location that supports both convenience and a strong inner-city lifestyle without feeling overwhelming.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
90 m²
Listed
3 weeks ago

Repayment calculator

$3,224/month
$1,612 /fortnight
Loan $532,000 at 6.10% over 30 years

Upfront costs

Deposit$133,000
Stamp duty$34,970
Conveyancing (est.)$2,000
Total upfront$169,970
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 7% above the $622,500 median of 54 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)678 m away
  • AWM Electrical & Data Suppliers600 m away
  • Kings Business Park352 m away
  • Sturt Street Reserve374 m away
  • Unnamed464 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

Price history

Listing price changes

2 price changes recorded for this property

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