5/8 Bank Place, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5/8 Bank Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 13 Apr 2026
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Property Details for 5/8 Bank Pl, Melbourne

5/8 Bank Pl, Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (May 2020)

***Due to the current global situation, we are minimising the health risk at our tenanted properties by providing a virtual/video tour instead of physical inspections. Private inspections will be available for pre-approved applicants. ***

***Fully Furnished***


This beautiful, light-filled apartment is perfect for an executive lifestyle nestled in a boutique block. Designed by Jackson Clements Burrows in the Charter House building, live amongst Melbourne's historic buildings and lane-ways housing the finest cafe's and epicurean restaurants. The apartment itself features gorgeous wooden floorboards throughout, high ceilings, stone finished kitchen with gas cooking and dishwasher, open-plan living/dining zones and an absolutely huge bedroom with wall-to-wall built in robes. Additionally, this truly amazing unit has a spacious bathroom with marble finishes, a full-equipped European laundry and split-system heating/cooling. This is a true city gem...
***Photos depict finishes only- not exact furniture**

Property History for 5/8 Bank Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$520/w
24 Apr 2018
  • 02 Apr 2020
    Listed for Rent $550 / week
  • 09 Apr 2018
    Listed for Rent $520 / week
  • 15 Jan 2016
    Listed for Rent $485 / week
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About Melbourne 3000

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 64,270 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 275 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.