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507/102 Wells Street, Southbank$760,000
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507/102 Wells Street

Southbank, VIC 3006, Australia
$725,000 – $795,000
2 bed 2 bath 1 car105 m²

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About this property

• Expansive Open Plan Living and Dining • Total size approx. 105m2 • Floor to Ceiling Windows in Living Area • High Ceilings Throughout • Wraparound Kitchen with Extensive Bench Space • Two Oversized Bedrooms with Built-In Robes • Main Bedroom with Ensuite • Ducted Heating and Cooling Throughout • Concealed European Laundry • Secure Car Space on Title (not stacker) • Available with Vacant Possession • Amenities Include Pool, Gym and Tennis Court Set within the established Southbank Royale complex, this low-rise and spacious two-bedroom residence offers a quieter and more substantial alternative to many inner-city apartments. Defined by generous proportions and practical design, the home delivers comfortable living in a location that places some of Melbourne's most recognised landmarks within easy reach. At the heart of the apartment, the expansive living and dining area provides plenty of room to relax, entertain or work from home. High ceilings enhance the sense of openness, while floor-to-ceiling windows and sliding doors create a seamless connection to the balcony. The adjoining kitchen has been designed with usability in mind, featuring extensive bench space, excellent storage and a layout that supports everyday living. Accommodation is thoughtfully arranged, with both bedrooms offering oversized proportions and built-in robes. The main bedroom includes its own ensuite, while a second bathroom provides additional convenience for guests or shared living. A European laundry, ducted heating and cooling and a secure car space further contribute to the apartment's functionality. Residents also enjoy access to a fully equipped gymnasium, indoor pool and tennis court. Living in this pocket of Southbank offers a genuine lifestyle advantage. The Royal Botanic Gardens and Shrine of Remembrance provide nearby green spaces, while the Arts Precinct and South Melbourne Market bring together dining, culture and local amenity. With cafés, public transport and the CBD all close by, the location supports an easy and connected city lifestyle.

Property Details

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

Repayment calculator

$3,684/month
$1,842 /fortnight
Loan $608,000 at 6.10% over 30 years

Upfront costs

Deposit$152,000
Stamp duty$40,670
Conveyancing (est.)$2,000
Total upfront$194,670
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 $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)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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