SOLD
Sold on 17 Dec 2023 for $625,000

1002/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
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Property Details for 1002/28 Bank St, South Melbourne

1002/28 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
75m2
Local Government
Port Phillip
Lot/Plan
1002/PS429423

Last Listing description (January 2024)

* Photos are virtually staged.

A north-facing illustration of free-flowing space, this impressive 2 bedroom apartment features sweeping city views from every room. Set on the 9th floor of the highly prized Parkside building, venture downstairs and embrace a South Melbourne neighbourhood of tranquillity, convenience and true community. Take an easy walk to the Royal Botanic Gardens, South Melbourne Market, Albert Park Lake, the arts precinct and a choice of tram routes to the city or a bay beach.

Wide-reaching open-plan living and dining is complemented by a sparkling kitchen with a handy breakfast bar and stainless-steel appliances plus a dishwasher. Make a seamless transition to a sheltered balcony attracting northern sunlight and boasting picturesque city skyline views including the soaring Eureka Tower and the Arts Centre spire. Privately separated by the living space, both north-facing and generously sized bedrooms share the outlook, serviced by mirrored built-in robes and a fully tiled bathroom with a shower over a bathtub.

Take advantage of a large concealed laundry with a dryer, secure parking, split-system heating and cooling, slimline Venetian blinds, intercom entry and private access to resort-inspired facilities including a heated indoor pool, tennis court, a fully equipped gym and a BBQ terrace. Inspect today!

Outgoings:
Council Rates: $250.00 per quarter approx.
Water Rates: $165.00 per quarter approx.
Owners Corporation Fees: $1,400.00 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 1002/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$625,000
17 Dec 2023
  • 17 Dec 2023
    Sold for $625,000
  • 10 Nov 2023
    Listed for Sale EOI due on 16th Dec Saturday, $620,000 - $650,000
  • 04 Jul 1998
    Sold for $292,000

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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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 20.54% increase in median value, while Units have seen a -1.71% decrease. As at 30 September 2024:

  • The median value for Houses in South Melbourne is $1,707,254 while the median value for Units is $593,256.
  • Houses have a median rent of $740 while Units have a median rent of $625.
There are currently 37 properties listed for sale, and 42 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 433 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Contact agent
Jason Li
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Ursin Morrell
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MICM Real Estate - Southbank
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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.