OFF MARKET

11/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Sep 2024
Low

High
Save

Property Details for 11/38 Bank St, South Melbourne

11/38 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2001
Floor Size
78m2
Local Government
Port Phillip
Lot/Plan
11/PS437418

Last Listing description (July 2020)

We are COVID-19 friendly. You keep your space and Ill keep mine. Please contact our agent for your personal tour of this home/apartment today.

In an unbeatable location, this spacious two bedroom apartment is a genuine ground-floor rarity enjoying extra privacy with direct street access via an entertainers courtyard.


Accommodation: Accompanied by a tiled kitchen featuring stainless steel appliances and a dishwasher, the spacious open-plan lounge/dining areas have reverse-cycle heating and cooling ensuring year-round comfort, and step out to a partially sheltered private courtyard with direct street access. Both bedrooms are fitted with mirrored built-in robes, the large master enjoying tranquil aspects of the leafy garden, with floor-to-ceiling tiles and a Euro laundry with dryer and trough in the central bathroom.

Features: One secure under cover car space, security key entry with intercom and residents enjoy use of communal facilities including indoor swimming pool, gym and tennis court.

Property History for 11/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$630,000
07 Jan 2021
Listed for Rent
$450/w
03 Jul 2020
  • 07 Jan 2021
    Sold for $630,000
  • 28 Feb 2020
    Listed for Rent - Price not available
  • 15 Nov 2017
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.