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Back 123/38 Kavanagh Street
Off Market

123/38 Kavanagh Street

Southbank VIC 3006

2
1
1
81.8 m²
0 m²
Apartment
Last sold for $570,000
Faith ChangFaith Chang, last sold this property on 05 June 2025 after 29 days on market.

Overview

Spacious, Sunlit and Stylish in a Tranquil Corner Setting

Neatly nestled on the 12th floor of the tightly held Yarra Condos complex, this elegant 2 bedroom apartment rises above the pack with an abundance of northern light, wide-reaching space and a peaceful corner setting. Head downstairs and explore your new inner-city neighbourhood with an easy walk to Melbourne Square Woolworths, Crown, the theatres and galleries of the arts precinct, riverside eateries, Royal Botanic Gardens greenery, and an exciting children’s playground within footsteps. Enjoy a gleaming kitchen with a breakfast bar, stainless-steel appliances including a dishwasher and a 4-burner gas cooktop, and ample preparation and storage space for elite entertaining. Glide over sleek lightly toned floorboards throughout spacious open-plan living and dining before stepping outside to a sheltered balcony with views of the neighbourhood skyline to the north. Generously sized and naturally lit, the perfect pair of mirror-robed bedrooms are serviced by a sparkling bathroom with a shower over a bathtub enhanced by laundry capacity boasting a wall-mounted dryer. Freshly painted throughout, additional features include split-system heating and cooling, secure undercover parking, block-out roller blinds, intercom, and exclusive resort-style access to a heated swimming pool, spa, well-equipped gym, and a BBQ terrace. This sunlit sanctuary is the perfect fit for market entrants, astute investors, and those searching for a central base with secure lock-and-leave certainty. Your search is over! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today. Outgoings: Council Rates: $312.00 per quarter approx. Water Rates: $175.00 per quarter approx. Owners Corporation Fees: $1,706.00 per quarter approx. Potential Rental Income: $700 per week approx.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
81.8 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 123/38 Kavanagh Street is $573.33k.

Median value
$573.33k
Estimated value range
$366k - $1.67m
Median days on market
49
Estimated value trend
-4%
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 123/38 Kavanagh Street

2025
Sold
$570,000
05 Jun 2025 by Faith Chang, of MICM

Happy sellers in Southbank

84%
84% 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 92 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 459 two-bedroom apartments similar to 123/38 Kavanagh Street, have been sold.

This represents a 14% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Southbank

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Natalia Susanti

Natalia Susanti is a recommended agent for Southbank.  They have 24 local sales and collected 22 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  22 Reviews in Southbank
  •  24 Sales in Southbank
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Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank.  They have 78 local sales and collected 21 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  21 Reviews in Southbank
  •  78 Sales in Southbank
View profile
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Faith Chang

Faith Chang is a recommended agent for Southbank.  They have 35 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (277 reviews)
  •  16 Reviews in Southbank
  •  35 Sales in Southbank
View profile
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David Umana

David Umana is a recommended agent for Southbank.  They have 25 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (45 reviews)
  •  11 Reviews in Southbank
  •  25 Sales in Southbank
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