OFF MARKET

315/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
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Property Details for 315/38 Bank St, South Melbourne

315/38 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2002
Floor Size
86m2
Local Government
Port Phillip
Lot/Plan
315/PS437418

Last Listing description (July 2023)

Enhanced by the alfresco charm of a full-length balcony, this supersized 2 bedroom, 2 bathroom apartment maximises space, light and comfort in one exciting package. Serenely situated in a popular South Melbourne pocket, walk to Albert Park Lake, the Royal Botanic Gardens, South Melbourne Market, St Kilda Road trams and all the vitality of the Arts Precinct. City professionals, downsizers and investors can purchase with confidence, while those on the lookout for a town base will appreciate the lock-and-leave security.

Vast open-plan living and dining is bathed in the all-day warmth of northern sunlight, underpinned by a chef-friendly kitchen featuring a handy breakfast bar and stainless-steel appliances including a Westinghouse dishwasher. Elevated on the third floor of the popular Capri complex, floor-to-ceiling glass slides open to an undercover balcony with neighbourhood skyline views and the towering Australia 108 acting as a centrepiece. Exemplary rest and retreat is provided by a perfect pair of light-filled, substantially sized and mirror-robed bedrooms with the main enjoying fitted walk-in robes and a fully tiled ensuite. The second bedroom is serviced by a gleaming bathroom with floor-to-ceiling tiles and a sparkling shower over a bathtub.

Special features include secure parking, a large concealed laundry with a sink and dryer, split-system heating and cooling, roller and slimline Venetian blinds, intercom entry and exclusive access to resort-style facilities including an indoor lap pool, tennis court, a fully equipped gym and a BBQ terrace. Those who value space, style and serenity will benefit from an inspection!

Outgoings:
Council Rates: $340.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $1,253.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 315/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$711,500
07 Jul 2023
Listed for Rent
$430/w
25 Mar 2021
  • 07 Jul 2023
    Sold for $711,500
  • 03 Jul 2023
    Listed for Sale Not Disclosed
  • 19 Mar 2021
    Listed for Rent $430 / 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 11,216 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.