51/88 Wells St, Southbank VIC 3006
  • unit 2 1 1

51/88 Wells St, Southbank VIC 3006

Vendor Bid $580,000 on 8 Apr 2017

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

$29,540

*based on property value $550,000 for investment

Mortgage registration fee $108
Transfer fee $1,362
Stamp duty on property $28,070

Monthly Repayment

$ 2,362

*based on loan amount $440,000 for principal and interest

Total interest payable $410,325
Loan Term 30 years
Annual Interest Rate 5.00%

Comparable Sold Properties

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Address Sold Price
1013/152 Sturt Street 2 $650,000
269/100 Kavanagh Street 2 $728,000
117/88 Kavanagh Street 2 $650,000
82/120 Sturt Street 2 $850,000
76/88 Kavanagh Street 2 $533,000
3513/151 City Road 2 $688,000
2108/151 City Road 2 $555,000
3409/151 City Road 2 $620,000

Comparable Rent Properties

Address Rent Price
1103/45 Clarke St 2 $700 p/w
910/118 Kavanagh Street 2 $750 p/w
4905/81 City Road 2 $900 p/w
3815/70 Southbank Boulevard 2 $780 p/w
601/33 Coventry Street 2 $700 p/w
2210/9 Power Street 2 $660 p/w
2004/241 City Road 2 $700 p/w
4111/18 Hoff Boulevard 2 $800 p/w

Auction History - Southbank, VIC 3006

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Southbank, VIC 3006 (1.04 km to CBD)

Median House Price

$718,000

Median Unit Price

$599,444

Surrounding Suburbs

Nearby Train Stations

  • 1.05 km Flinders Street Station
  • 1.63 km Parliament Station
  • 1.65 km Southern Cross Station