5/11-19 Bank PlaceMelbourne VIC 3000
Property Details for 5/11-19 Bank Pl, Melbourne
Last Listing description (October 2016)
Penthouse Whole floor office of 555sqm*
Vacant office space within a character filled building with high ceilings and high levels of natural light to all four (4) sides
Residential conversion potential (STCA)
Centrally located in one of Melbourne's most famous laneways - 'Bank Place', metres from Collins Street
Serviced by multiple transport networks and all forms of CBD retail amenity
FOR SALE VIA AUCTION FRIDAY 3RD JUNE AT 2.30PM
Tom Tuxworth
+61 410 988 960
Nick Lower
+61 414 259 494
Tim Last
+61 437 070 300
Benson Zhou
+61 401 873 499
*approx
Property History for 5/11-19 Bank Pl, Melbourne, VIC 3000
- 31 Oct 2024Sold for $3,500,000
- 06 May 2016Listed for Sale Not Disclosed
- 23 Aug 2011Sold for $1,650,000
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.
Melbourne has 61,587 properties. Over the last 5 years, Houses in Melbourne have seen a 21.19% increase in median value, while Units have seen a -3.65% decrease. As at 31 December 2024:
- The median value for Houses in Melbourne is $1,287,090 while the median value for Units is $445,614.
- Houses have a median rent of $598 while Units have a median rent of $650.
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