4. Property Auction Result

28 Southbank Av, Southbank VIC 3006

28 Southbank Av, Southbank VIC 3006

unit 2 2 1

Sold $583,500 on 2 Jul 2016

Distance To CBD: 0.88 km

Agency: Frank Gordon - Port Melbourne

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

$ 31,550

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $30,080
*based on property value $583,500 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,506

Total interest payable $435,318

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $466,800 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
2/104 Coventry Street 2 $650,000
1105/105 Clarendon Street 2 $455,000
2705/151 City Road 2 $630,000
1004/45 Clarke Street 2 $575,000
1101/180 City Road 2 $780,000
1403/283 City Road 2 $520,000
3405/45 Clarke Street 2 $508,000
2510/63 Whiteman Street 2 $850,000

Comparable Rent Properties

Address Rent Price
2104/151 City Road 2 $680 p/w
2403/63 Whiteman Street 2 $780 p/w
1709/241 City Road 2 $700 p/w
3605/1 Balston Street 2 $680 p/w
2807/245 City Road 2 $750 p/w
3004w/93-119 Kavanagh Street 2 $740 p/w
1110/43 Hancock Street 2 $775 p/w
4506/45 Clarke Street 2 $700 p/w
Auction History - Southbank, VIC 3006
2024 April
Address Price Result*
8/1 Riverside Qy N/A PI 2
2/104 Coventry St N/A W 2
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

0.42 km Flinders Street Station
0.9 km Southern Cross Station
1.26 km Melbourne Central Station

Nearby Schools

0.5 km Stott's College
0.77 km New Generation College
0.78 km Victorian College Of The Arts Secondary School
0.97 km Taylors Senior College
1.31 km Ozford College
1.5 km Holmes Secondary School
1.54 km Montague Continuing Education Centre
1.76 km Galilee Regional Catholic Primary School
1.81 km MacRobertson Girls High School
1.84 km Melbourne Grammar School