407/28 Bank StreetSouth Melbourne VIC 3205
Property Details for 407/28 Bank St, South Melbourne
407/28 Bank St, South Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 3764m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (August 2021)
OBVIOUS
This fantastic two bedroom residence ticks all the boxes for those searching for a sleek inner city residence or astute investment within the highly sought after 'Parkside' complex. Highlighted by its large living spaces, ample natural light flowing through-out the apartment and inviting interiors of pleasing proportions, which include open plan living and dining with a balcony and a well equipped kitchen. The two spacious bedrooms are complemented by a polished bathroom, heating and cooling and facilitates that include a swimming pool, gymnasium, tennis court and outdoor entertaining with BBQ's. A building manager and complete security further enhance the opportunity to enjoy an ideal city edge address.
SEALS THE DEAL
Property History for 407/28 Bank St, South Melbourne, VIC 3205
- 21 Jul 2021Sold for $593,500
- 29 Jun 2021Listed for Sale THE DEAL: $579k
- 08 May 2008Sold for $412,000
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0About 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 11,163 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.
Suburb Insights for South Melbourne 3205
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