OFF MARKET

10/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
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Last updated 30 Sep 2024
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Property Details for 10/38 Bank St, South Melbourne

10/38 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Local Government
Port Phillip
Lot/Plan
10/PS437418

Last Listing description (September 2023)

Smartly renovated to accentuate the vast living space, this stunning 1 bedroom apartment stands out as a stylish ground-floor sanctuary in a serene South Melbourne precinct. Make an easy connection with the neighbourhood and stroll to St Kilda Road trams, a superb collection of local cafes and restaurants, Royal Botanic Gardens greenery, the Arts Precinct and South Melbourne Market. This is the perfect fit for city professionals, astute investors and those on the lookout for an inner-city base with that all-important car park.

Recently refreshed and dual-sided, the sparkling kitchen comes complete with ample storage, sleek stone surfaces and splashbacks, and stainless-steel appliances including a full-sized dishwasher. Far-reaching open-plan living and dining makes a seamless sliding glass and fly-screened transition to a full-length courtyard terrace with exemplary perimeter privacy. Alfresco entertaining will become second nature in this apartment! Filled with natural light courtesy of full-height glass, the substantial bedroom is serviced by a pair of mirrored built-in robes and a fully tiled bathroom with a shower over bath.


Take advantage of a large Euro-style laundry with a sink and storage, split-system heating and cooling, a tiled entrance, brand-new LED lighting, textured curtains, double roller blinds and a fly-screened openable window in the bedroom. Featuring a secure car park and an over-the-bonnet Spacemate storage locker, the apartment is staged in the coveted Capri complex boasting intercom entry and exclusive resort-style access to an indoor lap pool, tennis court, a fully equipped gym and a BBQ terrace. Inspect with certainty!

Outgoings:
Council Rates: $233.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $836.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 10/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$439,000
31 Aug 2023
Listed for Rent
$400/w
15 Mar 2012
  • 31 Aug 2023
    Sold for $439,000
  • 21 Jun 2023
    Listed for Sale $420,000 - $460,000
  • 06 Aug 2016
    Sold for $436,000
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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 11,216 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 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.