1507/118 Kavanagh Street, Southbank VIC 3006
1 beds
1 baths
1 cars
Spachus Insights
View Southbank market
Price position
Below suburb median
22.6% 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
Slower than typical
48 days typical · Property listed 198 days (313% longer).
Property details
Epic Southbank Entrance
Located on the 15th floor of the near-new EPIC building with an exclusive Kavanagh Street address and resort-style facilities this 1-bedroom 1-bathroom apartment is your luxurious entrance into a Southbank lifestyle.
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
Spachus Property Estimate
$395,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
+$54,000
13.7% above the Spachus estimate
Property Overview
1507/118 Kavanagh Street, Southbank VIC 3006 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. It is currently listed at $449,000. It has been on the market for 198 days. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. Its current asking price is $131,000 (22.6%) below the Southbank median listing price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It has currently been on the market 150 days longer than the Southbank typical selling time.
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