507/102 Wells St

Off Market

507/102 Wells St

Southbank VIC 3006

105 m²

Apartment

Last sold for $748,000

Michael Pastrikos, last sold this property on 30 August 2026 after 61 days on market.

Overview

Spacious Inner-City Living Above Melbourne's Cultural Precinct

• Expansive Open Plan Living and Dining • Total size approx. 105m2 • Floor to Ceiling Windows in Living Area • High Ceilings Throughout • Wraparound Kitchen with Extensive Bench Space • Two Oversized Bedrooms with Built-In Robes • Main Bedroom with Ensuite • Ducted Heating and Cooling Throughout • Concealed European Laundry • Secure Car Space on Title (not stacker) • Available with Vacant Possession • Amenities Include Pool, Gym and Tennis Court Set within the established Southbank Royale complex, this low-rise and spacious two-bedroom residence offers a quieter and more substantial alternative to many inner-city apartments. Defined by generous proportions and practical design, the home delivers comfortable living in a location that places some of Melbourne's most recognised landmarks within easy reach. At the heart of the apartment, the expansive living and dining area provides plenty of room to relax, entertain or work from home. High ceilings enhance the sense of openness, while floor-to-ceiling windows and sliding doors create a seamless connection to the balcony. The adjoining kitchen has been designed with usability in mind, featuring extensive bench space, excellent storage and a layout that supports everyday living. Accommodation is thoughtfully arranged, with both bedrooms offering oversized proportions and built-in robes. The main bedroom includes its own ensuite, while a second bathroom provides additional convenience for guests or shared living. A European laundry, ducted heating and cooling and a secure car space further contribute to the apartment's functionality. Residents also enjoy access to a fully equipped gymnasium, indoor pool and tennis court. Living in this pocket of Southbank offers a genuine lifestyle advantage. The Royal Botanic Gardens and Shrine of Remembrance provide nearby green spaces, while the Arts Precinct and South Melbourne Market bring together dining, culture and local amenity. With cafés, public transport and the CBD all close by, the location supports an easy and connected city lifestyle.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

105 m² floor area

105 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 507/102 Wells St is $585k.

Median value

$585k

Estimated value range

$370k - $2.05m

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 507/102 Wells St

2026

Sold

$748,000

30 Aug 2026 by Michael Pastrikos, of Ray White Southbank | Melbourne City

2018

Sold

$710,000

03 Aug 2018 by Kevin Ng, of MICM

Happy sellers in Southbank

82%

82% 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 77 reviews in Southbank over the last 12 months.

Local market activity for 2 bedroom apartments in Southbank

In the last 12 months, 427 two-bedroom apartments similar to 507/102 Wells St, have been sold.

This represents a 29% increase in two-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

(308 reviews)

Get a free market appraisal

Natalia Susanti

at MICM

4.9

(377 reviews)

Get a free market appraisal

Faith Chang

at MICM

4.9

(277 reviews)

Get a free market appraisal

Gus Kosasih

at iProperty Melbourne

(96 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 24 local reviews across the last 12 months.