211/100 Kavanagh Street, Southbank VIC 3006

211/100 Kavanagh Street, Southbank VIC 3006
211/100 Kavanagh Street, Southbank, unit 211. A 3-bedroom, 2-bathroom apartment on the 21st floor with 1 car space, built in 2003 in a 263-lot building. Bay views and on-site pool and tennis court are included. This property is competitively positioned as a larger-format apartment in a high-density suburb where 1-bedroom units dominate. The 21st-floor elevation and bay views are uncommon for a 3-bedroom configuration, giving it a scarcity advantage over typical mid-level stock. The building itself is noted for above-average management and amenities compared to other high-rises in the precinct, which supports both liveability and ongoing desirability. It best suits a professional household or investor seeking a long-term hold in a central, established location with strong rental demand and a gross yield around 4.1 percent. The building’s age, at over 20 years, may mean some common property areas or internal finishes require updating, which could influence owners corporation fees or personal renovation costs. The high lot count of 263 units can dilute exclusivity and may lead to more frequent special levies for major works. While the location is central and well-serviced, the density of the area means future development could alter views or add to traffic. Buyers should weigh these factors against the property’s configuration and view advantage when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 211/100 Kavanagh Street, Southbank VIC 3006
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
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Market Insight

Southbank is a central Melbourne unit-dominated market with strong connectivity, where investor-driven demand for apartments underpins a stable rental environment. Recent price trends reflect a softening market with moderate sales velocity, indicating a period of price adjustment. Future growth is linked to its established infrastructure, though key risks include the potential for oversupply and sustained price sensitivity in the unit segment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

2913m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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