OFF MARKET

1405/41 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 1405/41 Bank St, South Melbourne

1405/41 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Local Government
Port Phillip
Lot/Plan
1405/PS827451

Last Listing description (December 2023)

The location of DOMAIN HOUSE may be paramount being surrounded by so many Melbourne features from Albert Park Lake to the Botanic Gardens, to easy CBD access by tram, close proximity to the Arts/Southbank precinct and a short stroll to South Melbourne Market BUT it is the quality of the building that strikes on entry. From its sophisticated lobby it becomes evident that the apartments in this building will be nothing short of desirable AND this 2-bedroom 2-bathroom apartment located on level 14 is certainly that. Being on such a high level the views are spectacular. The apartment's corner aspect gives undeniably breathtaking views and the floor to ceiling windows further enhances the delightful sunny disposition of this apartment.
A gourmet style kitchen awaits with plenty of storage and a brand-new FRIDGE included behind sleek cabinetry. The kitchen features a sleek modern bench. Beautiful light coloured timber flooring throughout the kitchen and living areas of the apartment. The lounge has access to a good-sized balcony, ideal for taking in the sunsets. The master bedroom also has its own access to the same balcony. Further there is excellent wardrobe space in the bedrooms, the master also has its own ensuite with luxury tiling throughout. While the main bathroom is located closer to the 2nd bedroom and again showcases modern luxury tiling. Within the main bathroom is a European style laundry with a WASHING MACHINE AND DRYER included.
Other benefits of this apartment are the Residents' luxury building amenities to enjoy, including Residents Lounge with fireplace, outdoor sky terrace and private dining room. A tranquil yoga and wellness room for peaceful meditation is also available.

The only way to truly appreciate the ambience of this apartment is to come and inspect. Please register your name and phone number and our Property Manager will be in contact to arrange a viewing. We look forward to meeting with you soon.
Note : Apartment comes with car space and storage.

Property History for 1405/41 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$793,250
06 Jun 2023
Listed for Rent
$790/w
19 Oct 2023
  • 02 Oct 2023
    Listed for Rent $780 / week
  • 06 Jun 2023
    Sold for $793,250

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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 11,171 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 34 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 409 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.