4. Property Auction Result

48/28-32 Southgate Av, Southbank VIC 3006

48/28-32 Southgate Av, Southbank VIC 3006

unit 2 2 1

Sold $657,000 on 5 Nov 2022

Distance To CBD: 0.89 km

Land Size: 80 m2

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

$ 35,960

Mortgage registration fee $108

Transfer fee $1,362

Stamp duty on property $34,490
*based on property value $657,000 for investment

Loan Repayment Calculator

Monthly Repayment

$ 2,822

Total interest payable $490,152

Loan Term 30 years

Annual Interest Rate 5.00%
*based on loan amount $525,600 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
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
304/70 Dorcas Street 2 $572,000

Comparable Rent Properties

Address Rent Price
1804/250 City Road 2 $625 p/w
3002/118 Kavanagh Street 2 $720 p/w
2404/18 Hoff Boulevard 2 $750 p/w
2705/245 City Road 2 $750 p/w
6013/70 Southbank Boulevard 2 $850 p/w
2304/118 Kavanagh Street 2 $780 p/w
2805/250 City Road 2 $750 p/w
1804/241 City Road 2 $720 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

0.37 km Flinders Street Station
1 km Parliament Station
1.26 km Melbourne Central Station

Nearby Schools

0.5 km Stott's College
0.78 km New Generation College
0.87 km Victorian College Of The Arts Secondary School
1.13 km Ozford College
1.06 km Taylors Senior College
1.24 km Holmes Secondary School
1.73 km MacRobertson Girls High School
1.65 km Melbourne Grammar School
1.97 km Academy of Mary Immaculate
2.1 km Carlton Gardens Primary School