OFF MARKET

512/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 512/28 Bank St, South Melbourne

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.

Building Type
Unit
Year Built
2000
Floor Size
56m2
Local Government
Port Phillip
Lot/Plan
512/PS429423

Last Listing description (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.


Additional features include secure undercover parking, a concealed laundry, split-system heating and cooling, and slimline Venetian blinds. Parkside comes complete with intercom entry, lift access and premium resort-style facilities including an indoor pool, tennis court, a fully equipped gym and a BBQ terrace. Take charge and make your move into a serene South Melbourne pocket today!

Outgoings:
Council Rates: $236.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $932.00 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 512/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$437,000
24 May 2023
Listed for Rent
$370/w
09 Mar 2022
  • 24 May 2023
    Sold for $437,000
  • 11 May 2023
    Listed for Sale $437,000
  • 25 Feb 2022
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 46 properties listed for sale, and 52 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.