Back 32 Kavanagh Street
Off Market

32 Kavanagh Street

Southbank VIC 3006

1
1
1
Apartment
Hanns YehHanns Yeh, last sold this property on 10 April 2026 after 49 days on market.

Overview

A Rare Opportunity in the Heart of the Arts Precinct

Showcasing rare private, enclosed street access, this light filled one-bedroom residence delivers effortless low maintenance living, contemporary finishes, and outstanding inner city convenience. Set within the tightly held Kavanagh Street complex, it offers exceptional privacy while placing you moments from Southbank's vibrant dining, entertainment and cultural attractions. Inside, you're welcomed by a well maintained interior featuring a spacious bedroom with built in robes, and a generous bathroom complete with laundry facilities. Recently refreshed, the apartment includes brand new carpet, a freshly painted interior and new Venetian blinds, ensuring comfort and style from day one. A regular car space with bonnet storage adds further practicality, providing valuable extra storage options. Residents also enjoy access to premium resort style amenities, including a swimming pool, fully equipped gym, tennis court, sauna, BBQ area, and beautifully landscaped communal spaces. Perfectly positioned in the heart of Melbourne's world renowned Arts and Cultural Precinct, the home offers easy walking access to the National Gallery of Victoria, Arts Centre Melbourne, Melbourne Recital Centre, Royal Botanic Gardens, Southbank Promenade, Southgate shopping, Crown Entertainment Complex, Federation Square, trams and Flinders Street Station. Ideal for first home buyers, professionals, downsizers and investors alike, this standout city residence delivers a lifestyle of comfort, convenience and exclusivity. Outgoings Council Rates: $958.20 p.a. Owners Corporation: $3,280.84 p.a. Water Rates: $704.20 p.a. Rental Estimate: $580 $630 per week

Features

1 bedroom
1 bathroom
1 carspace
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 32 Kavanagh Street is $388.89k.

Median value
$388.89k
Estimated value range
$250k - $730k
Median days on market
44
Estimated value trend
3%
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 32 Kavanagh Street

2026
Sold
Undisclosed
Private Sale/Treaty on 10 Apr 2026 by Hanns Yeh, of Melcorp Real Estate City Central
2024
Rented
Undisclosed
Leased on 04 Jul 2024 by Elite Real Estate on Elizabeth
2021
Sold
$345,000
16 May 2021 by Georgina Zeneldin, of Ray White Southbank | Melbourne City

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 93 reviews in Southbank over the last 12 months.

Local market activity for 1 bedroom apartments in Southbank

In the last 12 months, 232 one-bedroom apartments similar to 32 Kavanagh Street, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

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