85 Bank St, South Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in South Melbourne in the last 12 months.
- DECEASED ESTATE
This two storey terrace Is well located within walking distance of Albert Park and the South Melbourne Market and will appeal to the first home buyer or investor. In need of some T.L.C, the property provides a blank canvas for the home renovator.
Enter the property via a secure, locked entry to a small courtyard. The front door opens to a living room which adjoins the kitchen/meals area and opens via a sliding door to a sun-filled private backyard. The two bedrooms, which are upstairs, are of generous proportions and the master bedroom features a North facing balcony. It's all about location!
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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 11,214 properties. Over the last 5 years, Houses in South Melbourne have seen a 35.74% increase in median value, while Units have seen a 2.45% increase. As at 31 August 2024:
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