OFF MARKET

213/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
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Property Details for 213/28 Bank St, South Melbourne

213/28 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 86m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2001
Floor Size
86m2
Local Government
Port Phillip
Lot/Plan
213/PS429423

Last Listing description (January 2021)

This house sized apartment offers superb light filled living and an opportunity to enjoy the perfect Bayside lifestyle. Set within the highly sought Parkside residential complex, this designer apartment enjoys spectacularly bright living along with the enhanced benefits of being positioned on the terrace level and to be able to walk straight out onto the private internal gardens. Large living and dining spaces are complemented by an exquisite gourmet kitchen and the oversized full length courtyard which is perfect for sun filled entertaining.

Two luxurious bedrooms with BIRs and a walk-in robe respectively are serviced by a striking central bathroom, there is also the potential provision to convert the second robe in the master bedroom into an ensuite bathroom (subject to owners corporation and building approval). The Parkside apartments when sold off the plan allowed purchasers the option for either an ensuite bathroom or for further storage.


The apartment is comprehensively appointed new carpet, laundry, secure intercom entrance, an abundance of internal storage and an excellent undercover car space.

Positioned in an enviable location with views never to be built out and just moments from the Royal Botanic Gardens, St Kilda Road trams to the beach and city, South Melbourne market/ Clarendon Street precinct and MSAC.

Further features include building manager, new split-system cooling/ heating, communal resort style facilities including indoor heated pool, gym, BBQ area and tennis court. Apartments of this size and quality are rarely found in this price point. A perfect inner-city residence or astute long-term investment.

Property History for 213/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$690,000
18 Dec 2020
Listed for Rent
$340/w
05 Oct 2005
  • 18 Dec 2020
    Sold for $690,000
  • 20 Oct 2020
    Listed for Sale $675,000 - $725,000
  • 19 Sep 2005
    Listed for Rent - Price not available
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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 11,216 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 37 properties listed for sale, and 43 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 441 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.