OFF MARKET

701/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
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Property Details for 701/28 Bank St, South Melbourne

701/28 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2009.

Building Type
Unit
Year Built
2000
Floor Size
82m2
Local Government
Port Phillip
Lot/Plan
701/PS429423

Last Listing description (January 2023)

UNFURNISHED - Magnificently spacious modern 2 bedroom apartment set high in exclusive South Melbourne.

Comprising open plan living/dining areas with floor boards, well appointed modern kitchen with dishwasher, modern central bathroom, European laundry with dryer, two good sized bedrooms with mirrored BIRs, main with WIR and ensuite. Further benefits from the new carpet in the bedrooms, large private balcony, north facing with glorious city views and secure parking.


Use of facilities include indoor swimming pool, tennis court and gym. In a most convenient central location, enjoy close proximity to CBD, Southbank Promonade, Melbourne Arts Centre, Clarendon St, Crown complex, Botanical Gardens, South Melbourne Market, St Kilda Rd, public transport, Restaurants/Cafand much more.

*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Leasing Executive.

Property History for 701/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$466,800
08 Apr 2009
Listed for Rent
$580/w
17 Jan 2023
  • 13 Jan 2023
    Listed for Rent - Price not available
  • 02 Dec 2020
    Listed for Rent $420 / week
  • 16 Aug 2013
    Listed for Rent $520 / 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 11,163 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.
There are currently 48 properties listed for sale, and 56 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

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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.