SOLD
Sold on 16 Apr 2024 for $610,000

902/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 3827m2
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Property Details for 902/38 Bank St, South Melbourne

902/38 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3827m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
88m2
Land Size
3827m2
Local Government
Port Phillip
Lot/Plan
902/PS437418

Last Listing description (March 2022)

Featuring a full length balcony with views towards the city skyline and large light filled living zones this spacious two bedroom apartment is well appointed throughout and sure to impress! In a fantastic location only minutes from South Melbourne Market, Southgate and the CBD, you will enjoy boutique shopping, fine dining and the best in entertainment.

Accommodation: Entry to a bright and spacious open plan living and dining area (with air con/heating), the large full length balcony allows you to enjoy breathtaking city views whether entertaining or relaxing. A well equipped modern kitchen features black granite bench tops, stainless steel appliances, Bosch dishwasher and has ample bench and cupboard space. Two generous double bedrooms - the master features walk in wardrobe and separate store room or possible study. The central bathroom has floor to ceiling tiles, semi recessed vanity and a clever concealed laundry.

Features: The Capri complex has excellent security, including keyless entry, restricted floor access to lifts and a secure undercover car space on title. There is an after hours security patrol, plus the convenience of an on site building manager. The unbeatable South Melbourne location and nearby public transport has you within easy reach of the best that Melbourne has to offer. Residents also enjoy use of resort style facilities including pool, gym, tennis court and BBQ area.

Property History for 902/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$610,000
16 Apr 2024
Listed for Rent
$550/w
10 Mar 2022
  • 16 Apr 2024
    Sold for $610,000
  • 18 Feb 2022
    Listed for Rent - Price not available
  • 24 Aug 2018
    Listed for Rent - Price not available
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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 11,164 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

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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.