1008/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1008/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 3774m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 1008/28 Bank St, South Melbourne

1008/28 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
1008/PS429423

Last Listing description (January 2019)

Highlighted by brilliantly bright, sun-drenched interiors and sweeping blue-water bay views, this fresh and vibrant 2 bedroom apartment is ready to move into today! Peacefully positioned on the 10th floor of the sought-after Parkside building, stroll to South Melbourne Market, the Royal Botanic Gardens and city-bound St Kilda Road trams.
Remarkably roomy open-plan living and dining pivots an enticing kitchen showcasing Whirlpool stainless-steel appliances and an entertainers' breakfast bar. Framed by full-height glass, this whole space captures the warmth of the morning sun. Step outside and a sheltered, full-width balcony boasts commanding views of Port Phillip Bay and the lush treetops of the Royal Botanic Gardens. Wonderfully proportioned, both bedrooms share the bay views, serviced by mirrored built-in robes with one of them offering balcony access.
Freshly painted and carpeted with new roller blinds, enjoy a fully tiled bathroom with bath, secure parking, concealed laundry with dryer, intercom entry, and the year-round comfort of split-system heating and cooling. Premium resort-style facilities include an indoor pool, tennis court, fully equipped gym, and a BBQ terrace. In a building popular with owner-occupiers and investors, this one has it all!

* Photo identification will be required upon entering the property at the inspection time.

Property History for 1008/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$583,800
15 Dec 2018
Listed for Rent
$510/w
19 Apr 2011
  • 15 Dec 2018
    Sold for $583,800
  • 23 Nov 2018
    Listed for Sale Not Disclosed
  • 31 Mar 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% 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 over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.

South Melbourne has 12,940 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:

  • The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
  • Houses have a median rent of $850 while Units have a median rent of $675.
There are currently 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.