OFF MARKET

1308/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
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Property Details for 1308/38 Bank St, South Melbourne

1308/38 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 56m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2001
Floor Size
56m2
Local Government
Port Phillip
Lot/Plan
1308/PS437418

Last Listing description (May 2022)

Towering over the cityscape, this beautiful and sunlight filled apartment is a welcoming home in the city. With public transport, offices, shops, amenities within close reach, this apartment offers convenience and an easy lifestyle.

It boasts of the following features:
- Incredibly spacious open plan living and dining areas

- Covered private long balcony with city views
- Roller blinds fitted in the floor-to-ceiling glass windows in the living room
- Heating in the living and dining areas
- Bedroom has access to the balcony with mirrored built in wardrobes
- Fully carpeted living areas and bedroom
- The kitchen is equipped with double sinks, dishwasher, gas stove, electric oven, work bench and lots of storage
- Concealed laundry with a fitted dryer inside the bathroom
- Bathroom is spacious with a bathtub, shower, vanity and toilet
- Private covered designated car space on the 1st Level
- Intercom
- Linen closet
- Building has a large lobby and multiple lifts

This is a must see apartment to fully appreciate everything it has to offer!

**PLEASE NOTE IMPORTANT**
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Property History for 1308/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$440,000
10 Feb 2021
Listed for Rent
$350/w
03 May 2022
  • 27 Apr 2022
    Listed for Rent $350 / week
  • 09 Jun 2021
    Listed for Rent $350 / week
  • 15 Mar 2021
    Listed for Rent $350 / week
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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 11,164 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, 412 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.