FOR RENT
$825 per week

5/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Available From
Friday 9 August 2024| Bond $3,575
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Perfectly located inner-city haven

This apartment features a fabulous open plan kitchen with stainless steel appliances and an abundance of cabinet space, timber flooring and a massive island bench. Flowing into a very versatile living space with split-system heating and cooling for year-round comfort and glass sliding door opening out to your lovely courtyard. Three excellent sized bedrooms, master bedroom with a separate ensuite. Serviced by the sparkling bathroom with shower over bath and mirror above the vanity. Intercom entry, Euro laundry and two car spaces complete the picture!
Building facilities include a pool, tennis court and gym. All of this is located close to Clarendon Street with all its shops, bars, restaurants and trams, and easy walking distance to the Crown entertainment complex along Melbourne's iconic Yarra Promenade. The Royal Botanic gardens and trams along St Kilda Road are just moments away.
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Property Details for 5/38 Bank St, South Melbourne

5/38 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for rent with MRE.

Building Type
Apartment

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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,211 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:

  • The median value for Houses in South Melbourne is $1,791,704 while the median value for Units is $597,361.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 38 properties listed for sale, and 48 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in South melbourne.

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Bronte Carfino
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Annabelle Munt
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MRE
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