132/38 Kavanagh Street

Off Market

132/38 Kavanagh Street

Southbank VIC 3006

54 m²

Apartment

Last sold for $400,000

Michael Pastrikos, last sold this property on 23 February 2026 after 19 days on market.

Overview

SOLD OFF MARKET

• East-facing aspect over arts precinct • Fully renovated bathroom with laundry • Floorboards throughout living zones • Large living and dining proportions • Balcony with open outlook • Split-system heating and cooling • Amenities include heated pool, spa, gym, BBQ terrace • Secure car space on title (not stacker parking) • Available with vacant posession An east-facing outlook across Melbourne's arts precinct sets the tone for this well-proportioned one-bedroom apartment, offering light, openness, and a sense of space that is increasingly hard to find. The layout is practical and easy to live in, anchored by a generous living and dining zone that comfortably accommodates both relaxing and entertaining. Floorboards run throughout, enhancing flow and durability, while large windows draw in morning light and frame an open outlook toward the arts precinct, with distant views extending toward the Dandenong Ranges and the MCG. A private balcony extends the living space and provides a quiet spot for a morning coffee or evening wind-down. The kitchen is neatly positioned off the main living area, offering good bench space, storage, and a functional layout without intruding on the room's proportions. The bedroom is larger than most, includes built-in robes, and enjoys the same eastern aspect, creating a calm and comfortable retreat. The bathroom has been fully renovated and incorporates a concealed laundry, delivering a clean, modern finish with everyday practicality. Comfort is covered year-round with split-system heating and cooling, secure video intercom entry and the apartment is complemented by a secure car space. Residents also have access to well-maintained amenities including a heated indoor pool, spa, gym, and communal BBQ terrace. Positioned on Kavanagh Street, the location places you moments from Southbank Promenade, the Arts Centre, NGV, Royal Botanic Gardens, and a wide range of cafes and restaurants. Trams, Flinders Street Station, and the CBD are all within easy reach, making this a compelling option for both owner-occupiers and investors.

Features

1 bedroom

1 bathroom

1 carspace

1 garage space

54 m² floor area

54 m² lot size

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southbank over the last 12 months, the estimated median property value of 132/38 Kavanagh Street is $385.92k.

Median value

$385.92k

Estimated value range

$240k - $730k

Median days on market

Estimated value trend

increase 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 132/38 Kavanagh Street

2026

Sold

$400,000

23 Feb 2026 by Michael Pastrikos, of Ray White Southbank | Melbourne City

2010

Sold

Undisclosed

Private Sale/Treaty on 25 Oct 2010

Happy sellers in Southbank

85%

85% 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 93 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 238 one-bedroom apartments similar to 132/38 Kavanagh Street, have been sold.

This represents a 15% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Southbank for a free market appraisal.

Michael Pastrikos

at Ray White Southbank | Melbourne City

4.9

(304 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(371 reviews)

Get a free market appraisal

Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

David Umana

at Ray White Southbank | Melbourne City

4.9

(48 reviews)

Get a free market appraisal

Nearby agents

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

Michael Pastrikos

Michael Pastrikos is an award winning recommended agent for Southbank. They have 72 local sales and collected 23 local reviews across the last 12 months.