512/28 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
A spacious example of inspired South Melbourne living, this captivating 1 bedroom apartment stretches out in glorious northern sunlight with a skyline aspect of pure perfection. Venture downstairs and walk to the Royal Botanic Gardens, St Kilda Road trams, Clarendon Street, the Arts Precinct, South Melbourne Market and a selection of neighbouring cafes and restaurants.
Boasting ample storage and preparation space, a sparkling kitchen is graced with stainless-steel appliances and a handy breakfast bar for casual meal times. A vast open-plan living and dining area enjoys a soaring Southbank outlook with the iconic Eureka Tower and Australia 108 forming a dramatic centrepiece. Sharing the same spectacular view, a north-facing balcony offers an opportunity to entertain in style on the 5th floor of the popular Parkside residential complex. The generously sized bedroom is framed by floor-to-ceiling glass and substantially serviced by mirrored built-in robes and a fully tiled bathroom with a shower over a bath.
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:
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