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This property has been sold for $700,000 on 20 Apr 2026
82 days on market
PropRadar's estimate today
$670,681
Range $574,375 to $890,690
Estimated rent $880 per week
Our own model, free and instant, from comparable sales near this property. Not yet confirmed against outside sources.
Market context at sale
Listing journey
EssentialsThis property went through a full listing campaign over 82 days on market. See what it first asked, every reduction along the way, and what it finally sold for.
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Asking Price
$700,000 - $770,000
Provider valuations aren't available for sold properties. The estimate above is PropRadar's own read on what it would be worth today.
Property overview
This 2-bedroom apartment at 118/28 Southgate Avenue in Southbank, VIC 3006 sold for $700K in April 2026, with 2 bathrooms and parking for 1. It offers 85 m2 of internal living space. Southbank is about 1.3 km from the CBD. There are 113 schools within roughly 5km, and the area scores 95 for walkability and 100 for transit out of 100.
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- 261/83 Whiteman StreetApartment · 2 bed · 2 bath$650,000 - $700,000
- 1108/1 Freshwater PlaceApartment · 1 bed · 1 bath$560,000 - $590,000
Recently sold nearby
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $770,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
82
Investment Score
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Est. Valuation
$730,767
Potential Sell Price
Est. Rent/wk
$837
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $770,000
- Stamp Duty (Victoria)
- $41,270
- Transfer/Registration Fee
- $1,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $815,470
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 3006
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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