Back 118/28 Southgate Ave
Off Market

118/28 Southgate Ave

Southbank VIC 3006

2
2
1
85 m²
0 m²
Apartment
Last sold for $700,000
Faith ChangFaith Chang, last sold this property on 19 April 2026 after 150 days on market.

Overview

Spacious Setting, Light-Filled Luxury, Prized Position

Highlighting space, sunlight and stunning views, this wide-reaching 2 bedroom, 2 bathroom apartment offers an exciting opportunity to experience the very best of Melbourne on the cusp of the city. Simply stroll to the NGV, the arts and sporting precincts, riverside restaurants on Southbank Promenade, Crown, the Royal Botanic Gardens, Melbourne Square Woolworths, Flinders Street trains, and all the attractions of the CBD. This is truly living! Set on the 11th floor of the sought-after 28 Southgate complex, a recently renovated kitchen boasts an inviting breakfast bar, full-sized dishwasher, pristine oven, and an easy-clean induction cooktop. Spacious open plan living and dining connects with a sheltered balcony showcasing captivating views sweeping over the neighbourhood. Dine, recline and entertain with a blissful backdrop overlooking the National Gallery of Victoria, the Royal Botanic Gardens, the Shrine of Remembrance, and enticing blue-water glimpses of Port Phillip Bay. A perfect pair of light-filled bedrooms are generously sized and robed, serviced by a principal bathroom graced with a shower over a bathtub. The main bedroom comes complete with walk-in robes and a private ensuite, while the second bedroom enjoys direct balcony access. Comprehensive features include a European laundry with a wall-mounted dryer, ducted heating and cooling throughout, sleek floorboards, roller blinds, recessed down-lighting, NBN connectivity, intercom entry, an on-site manager, and resort-style use of a spa and well-equipped gym. An inspection will impress! Potential Rental Income: $800 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
85 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 118/28 Southgate Ave is $571.67k.

Median value
$571.67k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Southbank. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118/28 Southgate Ave

2026
Sold
$700,000
19 Apr 2026 by Faith Chang, of MICM
2016
Sold
01 Jul 2016 by Craig Corby, of Frank Gordon Estate Agents

Happy sellers in Southbank

83%
83% of sellers in Southbank reported that their sale price either exceeded or met their price expectations.

Southbank stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 90 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 454 two-bedroom apartments similar to 118/28 Southgate Ave, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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