Back 505/26 Southgate Ave
Off Market

505/26 Southgate Ave

Southbank VIC 3006

1
1
67 m²
67 m²
Apartment
Last sold for $440,000
Michael PastrikosMichael Pastrikos, last sold this property on 28 October 2025 after 13 days on market.

Overview

Riverside Elegance in Quay West Southbank!

• Immaculate one-bedroom apartment in Quay West Suites • Prime Yarra River location with private balcony • Quality designer finishes throughout • Sleek modern kitchen • Spacious bedroom with double mirrored robes and balcony access • Luxurious bathroom with spa bath and laundry facilities • Central heating and cooling for year-round comfort • Five-star resident amenities including pool, spa, sauna and gym • 24-hour concierge, reception and in-room dining service • Walk to NGV, Arts Centre, Flinders Street Station and city dining Perched on the banks of the Yarra River and located within the prestigious Quay West Suites complex, this sophisticated one-bedroom apartment delivers an exceptional blend of five-star luxury, city convenience, and low-maintenance lifestyle appeal. Beautifully presented, the interior is bathed in natural light and appointed with premium finishes throughout. The open-plan living and dining zone features brand new flooring which flows seamlessly through to a private undercover balcony-perfect for quiet morning coffees or relaxed evenings. The sleek modern kitchen has been designed with flair and function in mind, boasting granite benchtops, stainless steel appliances, an integrated dishwasher and extensive storage. A generously sized bedroom features mirrored built-in robes and direct access to the balcony, while the large bathroom is appointed with a double spa bath and convenient European laundry. Thoughtfully designed for comfort and practicality, the apartment also includes ducted heating and cooling for year-round climate control. Residents of Quay West enjoy exclusive access to a range of first-class amenities including a 15-metre indoor heated pool, spa, sauna, steam room, gymnasium and 24-hour reception. Room service, concierge, and professional management further enhance the hotel-style living experience. Superbly positioned in one of Melbourne's most iconic riverside precincts, you're just metres from the Arts Centre, NGV, Hamer Hall, and Southbank Promenade. A short stroll places you at Flinders Street Station, Federation Square, and the CBD, with world-class restaurants, laneway cafés, theatres and shops all at your doorstep. Ideal for investors, downsizers or those seeking a sophisticated inner-city base, this is an opportunity not to be missed.

Features

1 bedroom
1 bathroom
67 m² floor area
67 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 505/26 Southgate Ave 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 505/26 Southgate Ave

2025
Sold
$440,000
28 Oct 2025 by Michael Pastrikos, of Ray White Southbank | Melbourne City
2022
Rented
Undisclosed
Leased on 24 Oct 2022 by Ray White Southbank | Melbourne City
2013
Sold
$400,000
Private Sale/Treaty on 10 Jul 2013 by Andrew Leung, of Landmark Real Estate Melbourne (Ray White Melbourne CBD)

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 505/26 Southgate Ave, have been sold.

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

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