4. Property Auction Result

5/58 Wells St, Southbank VIC 3006

5/58 Wells St, Southbank VIC 3006

unit 2 1 1

Sold on 1 Sep 2018

Distance To CBD: 1.55 km

Agency: Ray White - Southbank

Floorplan Nearby Sold Price

Map And Street View
Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

Stamp Duty Calculator

Total

$ 35,000

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $33,530
*based on property value $641,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,753

Total interest payable $478,216

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $512,800 for principal and interest
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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Comparable Sold Properties

Address Sold Price
3405/45 Clarke Street 2 $508,000
2510/63 Whiteman Street 2 $850,000
7/108 Southbank Boulevard 2 $715,000
1410/45 Clarke Street 2 $680,000
4608/7 Riverside Quay 2 $1,265,000
2101/18 Hoff Boulevard 2 $552,299
16/28 Southgate Avenue 2 $669,950
2708/105 Clarendon Street 2 $590,000

Comparable Rent Properties

Address Rent Price
2009/18 Hoff Boulevard 2 $780 p/w
3503/260 City Road 2 $1,013 p/w
1403/260 City Road 2 $923 p/w
3602/260 City Road 2 $1,008 p/w
2105/63 Haig Street 2 $700 p/w
1505/63 Whiteman Street 2 $760 p/w
1502/260 City Road 2 $919 p/w
805/260 City Road 2 $1,003 p/w
Auction History - Southbank, VIC 3006
2024 April
Address Price Result*
805/14 Kavanagh St N/A W 2
154/173 City Rd N/A PI 2
7/108 Southbank Blvd $715,000 S 2
91/1 Riverside Qy N/A W 2
2024 March
Address Price Result*
7408/70 Southbank Blvd N/A W 3
111/102 Wells St $622,000 S 1

Southbank, VIC 3006
(1.04 km to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Surrounding Suburbs

Nearby Train Stations

1.01 km Flinders Street Station
1.57 km Parliament Station
1.65 km Southern Cross Station

Nearby Schools

0.37 km Victorian College Of The Arts Secondary School
1.06 km MacRobertson Girls High School
1.14 km Stott's College
1.06 km Melbourne Grammar School
1.43 km New Generation College
1.69 km Taylors Senior College
1.8 km Ozford College
1.86 km Holmes Secondary School
1.62 km Galilee Regional Catholic Primary School
1.61 km Melbourne Girls' Grammar School - an Anglican School