507/102 Wells Street, Southbank VIC 3006

2 beds 2 baths 1 cars

Spachus Insights

View Southbank market
Price position Above suburb median

32.8% above 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 slower than typical

48 days typical · Sold in 62 days (29% longer).

Property details

Spacious Inner-City Living Above Melbourne''s Cultural Precinct

• Expansive Open Plan Living and Dining
2Bedrooms 2Bathrooms 1Car spaces ApartmentProperty type 105 m²Land

Southbank market

Full suburb report
Median listing$580,000
Median sold$535,000
Typical selling time48 days
Tracked sold properties332
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Property Overview

507/102 Wells Street, Southbank VIC 3006 is an apartment. It has 2 bedrooms, 2 bathrooms and 1 car space. The property sold for $748,000 on 31 August 2026 by private treaty after 62 days on the market. In Southbank, the median listing price is $580,000 and the median sold price is $535,000. This sale was $213,000 (39.8%) above the Southbank median sold price. Properties in Southbank typically sell in around 48 days based on Spachus tracked sales data. It took 14 days longer to sell than the Southbank typical selling time.

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