42/20 Bank Pl, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1905. The property has a land size of 307m2. While the property is not currently for sale or for rent, it was last sold in April 2013.
A SLICE OF HISTORY
SITUATED ON THE FOURTH FLOOR, ON OFFER HERE IS A CENTRALLY LOCATED, 40 SQUARE METER, NORTH FACING FURNISHED ONE BEDROOM APARTMENT WITH BATHROOM, LAUNDRY FACILITIES, AND OPEN PLAN KITCHEN AND LOUNGE AREA. THIS APARTMENT BOASTS VERY HIGH CEILINGS THROUGHOUT, LARGE PERIOD WINDOWS AND TRIPLE BRICK CONSTRUCTION. THIS HERITAGE LISTED PROPERTY HAS GOOD SECURITY AND IS IN ONE OF MELBOURNE?S HISTORIC LANES WITH ONLY A SHORT STROLL TO COLLINS STREET, THE ACCLAIMED SYRACUSE RESTAURANT, AND THE MYRIAD OF CAFE?S, BARS AND RETAIL OUTLETS ALONG LITTLE COLLINS STREET. PURCHASERS WILL HAVE THE OPTION TO OCCUPY THE APARTMENT THEMSELVES, RENT IT OUT PRIVATELY, OR PLACE IT BACK IN THE LEASE POOL WITH METRO INN. THIS WILL MAKE A VALUABLE ADDITION TO YOUR PROPERTY INVESTMENT PORTFOLIO OR A WONDERFUL TOWN PAD OR FIRST HOME. PREVIOUS RENTAL WAS APPROXIMATELY $326 PER WEEK ($17,000 PA) BODY CORP: $ 2,596 PA (APPROX) COUNCIL: $ 667 PA (APPROX) WATER: $ 189 PA (APPROX) FOR FURTHER DETAILS PLEASE CONTACT THE AGENT: ALTHOUGH EVERY CARE HAS BEEN TAKEN IN THE PREPARATION OF THE ABOVE INFORMATION, WE STRESS PARTICULARS HEREIN ARE FOR INFORMATION ONLY, AND DO NOT CONSTITUTE REPRESENTATION BY THE OWNER OR THE AGENT.
The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 64,286 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
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