Back 25/38 Wells St
Off Market

25/38 Wells St

Southbank VIC 3006

2
1
1
83 m²
0 m²
Apartment
Last sold for $663,000
Cary ThorntonCary Thornton, last sold this property on 09 October 2019 after 20 days on market.

Overview

Exceptional Space in a Peaceful Southbank Pocket

Statement of information is located at . Please copy & paste this information into your browser address bar. Displaying an extraordinary amount of internal space matched only by a superbly peaceful Southbank location, this appealing two bedroom apartment in a low rise boutique complex is an ideal opportunity for owner-occupiers and investors alike. The incredibly spacious central lounge and dining zone is the undoubted highlight of this quiet retreat, with the large space opening to a sunny undercover balcony overlooking the garden courtyard below. The subway-tiled kitchen offers a breakfast bar and appliances including a dishwasher, while both spacious bedrooms with built-in robes are located at the apartment’s rear for ultimate privacy. Also enjoy a bathroom with European laundry, ducted heating/cooling, secure intercom, car space, and access to outdoor pool, gym, golf net, and BBQ area. A leafy position in the Southbank Arts precinct allows everything to be just a short walk away: Botanic Gardens, cafes and restaurants, South Melbourne Market, St Kilda Road trams and Melbourne’s CBD.

Features

2 bedrooms
1 bathroom
1 carspace
83 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 25/38 Wells St is $585k.

Median value
$585k
Estimated value range
$370k - $2.05m
Median days on market
48
Estimated value trend
0%
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 25/38 Wells St

2025
Rented
Undisclosed
Leased on 02 Jan 2025 by Ray White Southbank | Melbourne City
2019
Sold
$663,000
Private Sale/Treaty on 09 Oct 2019 by Cary Thornton, of Lucas Real Estate
2016
Sold
Undisclosed
14 Sep 2016 by Baden Lucas, of Lucas Real Estate

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 88 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 446 two-bedroom apartments similar to 25/38 Wells St, have been sold.

This represents a 20% increase in two-bedroom apartments sales when compared to the previous 12 months.

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