Property Auction Result

2605/8 Kavanagh St, Southbank VIC 3006

unit 4

2605/8 Kavanagh St, Southbank VIC 3006

Sold `$3,200,000` on 16 Jul 2016

Distance To CBD: 1.05 km
Measure Land Size
Agency: Core Realty Pty Ltd
Nearby Sold Price

Sold

Stamp Duty
Loan Repayment

Stamp Duty

^$177,470

*based on property value $3,200,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,362

Stamp duty on property ^$176,000

Monthly Repayment

^$ 13,743

*based on loan amount $2,560,000 for principal and interest

Total interest payable ^$2,387,348

Loan Term 30 years

Annual Interest Rate 5.00%

Similar Sold Properties

Address	Type					Sold Price
2403/8-10 Kavanagh Street Southbank 3006	Unit	4	2	2	Aug 2010	`$3,000,000`
303/88 Kavanagh Street Southbank 3006	Unit	4	3	3	Aug 2010	`$522,000`
L 85/7 Riverside Quay Southbank 3006	Unit	4	4	4	Aug 2010	`$3,750,000`

Similar Rent Properties

Address	Type					Rent Price
6501/35 Queensbridge Street Southbank 3006	apartment	4	4	2	Feb 2024	`$12,500` p/w
2801/8 Kavanagh Street Southbank 3006	apartment	4	4	2	Jan 2024	`$2,600` p/w
1007/221 Sturt Street Southbank 3006	apartment	4	1	2	Oct 2023	`$1,100` p/w
303/88 Kavanagh Street Southbank 3006	apartment	4	3	3	Apr 2023	`$1,300` p/w
2801/8 Kavanagh Street Southbank 3006	apartment	4	4	3	Mar 2023	`$2,900` p/w
351/173 City Road Southbank 3006	apartment	4	4	4	Feb 2023	`$1,670` p/w
5002/245 City Road Southbank 3006	apartment	4	4	2	Feb 2023	`$6,800` p/w
11/82 Coventry Street Southbank 3006	apartment	4	1	1	Jan 2023	`$780` p/w

Auction History - Southbank, VIC 3006

Address	Price	Result*	Type		Agent
8/1 Riverside Qy	`N/A`	PI	Unit	2	Ray White
2/104 Coventry St	`N/A`	W	Unit	2	My Agent R
805/14 Kavanagh St	`N/A`	W	Unit	2	Woodards S
154/173 City Rd	`N/A`	PI	Unit	2	Ray White
7/108 Southbank Blvd	`$715,000`	S	Unit	2	Ray White
91/1 Riverside Qy	`N/A`	W	Unit	2	Buxton Por

Address	Price	Result*	Type		Agent
7408/70 Southbank Blvd	`N/A`	W	Unit	3	CAN Estate
111/102 Wells St	`$622,000`	S	Unit	1	Ray White

Address	Price	Result*	Type		Agent
2213/151 City Rd	`N/A`	SP	Unit	2	Barry Plan
815/151 City Rd	`N/A`	PI	Unit	2	Ray White
2213/151 City Rd	`N/A`	SP	Unit	2	Barry Plan
601/58 Clarke St	`$388,500`	S	Unit	2	Ray White
1401/25 Coventry St	`$1,700,000`	S	Unit	3	Ray White

Southbank, VIC 3006 (`1.04 km` to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Surrounding Suburbs

Nearby Train Stations

0.51 km Flinders Street Station
1.21 km Parliament Station
1.43 km Melbourne Central Station

Nearby Schools

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