1/88 Wells Street, Southbank VIC 3006
1 beds
1 baths
1 cars
Spachus Insights
View Southbank market
Price position
Below suburb median
8.1% below the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $45,000 below the median listing price.
Selling pace
Sold much slower than typical
48 days typical · Sold in 99 days (106% longer).
Property details
Oversized Entertainer in a Serene Garden Setting
Easy to love, exceptional to live in, and effortless to rent out, this low-maintenance 1-bedroom corner apartment will truly surprise with the vast amount of indoor/outdoor space on display (approx. 67sqm). Exit your front door and a serene Southbank neighbourhood is ready to explore. Walk to the Royal Botanic Gardens, arts precinct, the MCG, local cafes, and trams to the city and beyond. As a well-maintained part of The Keep complex, this is low-rise luxury in an idyllic garden setting.
1Bedrooms
1Bathrooms
1Car spaces
ApartmentProperty type
Southbank market
Full suburb reportMedian listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
Property Overview
1/88 Wells Street, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. The property sold for $490,000 on 22 September 2026 by private treaty after 99 days on the market. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. This sale was $45,000 (8.4%) below the Southbank median sold price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It took 51 days longer to sell than the Southbank typical selling time.
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