SOLD
RECENT ADVICE
Sold on 18 Sep 2024 for $1,032,500

316 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 104m2
Sold By
Belle Property Albert Park
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Property Details for 316 Bank St, South Melbourne

316 Bank St, South Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 104m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Land Size
104m2
Local Government
Port Phillip
Lot/Plan
1/TP576136

Last Listing description (October 2024)

Discover the charm of this beautifully presented Victorian brick terrace, ideally situated just a short stroll from the delights of South Melbourne, St Vincent Gardens and the Albert Park Village.

This inviting home features two bedrooms, including one with an open fireplace and built-in robes. The bright and airy living area, equipped with air conditioning, is perfect for relaxing or entertaining. Further offering a spacious kitchen, complete with a dishwasher and a dedicated meals area. Tiled bathroom and separate laundry for modern convenience. Enjoy your North facing private courtyard garden, ideal for outdoor living.

Located just moments from South Melbourne Market and Clarendon St shopping precinct. This property offers an exceptional lifestyle of elegance, coastal proximity and ease, being close to public transport providing quick access to the CBD and all that the local area has to offer.

Property History for 316 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,032,500
18 Sep 2024
Listed for Rent
$450/w
12 Dec 2016
  • 18 Sep 2024
    Sold for $1,032,500
  • 21 Aug 2024
    Listed for Sale Not Disclosed
  • 19 Feb 2019
    Transferred
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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 40 properties listed for sale, and 52 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 411 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.