OFF MARKET

1307/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Property Details for 1307/38 Bank St, South Melbourne

1307/38 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 57m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2001
Floor Size
57m2
Local Government
Port Phillip
Lot/Plan
1307/PS437418

Last Listing description (October 2022)

Impeccably located, this one bedroom apartment on the () floor of The Capri complex is only walking distance from everything essential for both work and life balance. Situated near St Kilda Road Tram Lines, the bustling South Melbourne Market and jaw dropping Botanical Gardens.

Accommodation: Comprising bright and welcoming open plan living and dining area with floor-to-ceiling windows as well as air conditioning. Your own private balcony with sweeping views of Port Philip Bay. Modern kitchen with stainless steel appliances, plenty of bench and cupboard space. Spacious bedroom with mirrored built-in wardrobe. Central bathroom with concealed laundry facility including dryer.

Features: Further benefits include security key entry, one secure undercover car space and residents enjoy the use of recreational facilities including indoor heated pool, tennis court, fully fitted gym and BBQ courtyard area.

Property History for 1307/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$435,000
24 Feb 2022
Listed for Rent
$420/w
12 Oct 2022
  • 29 Sep 2022
    Listed for Rent $420 / week
  • 24 Feb 2022
    Sold for $435,000
  • 09 Feb 2022
    Listed for Sale $435,000
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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 11,165 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:

  • The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
  • Houses have a median rent of $700 while Units have a median rent of $625.
There are currently 46 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 415 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.