1011/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1011/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 3774m2
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Property Details for 1011/28 Bank St, South Melbourne

1011/28 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2000
Floor Size
85m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
1011/PS429423

Last Listing description (August 2020)

**Due to stage 4 restrictions inspections for this property have been postponed. Register your interest by enquiring on the property and to be notified of future inspection times.

- North East orientation with natural light flowing through each room

- Spacious, contemporary open living and dining
- Oversized master bedroom with mirrored BIRs and ensuite
- Sunny, tranquil balcony with sweeping CBD and Royal Botanic Garden views
- Car park with large storage cage on title
- Walking distance to trams, the Domain, Royal Botanic Gardens and South Melbourne Markets
- Facilities including indoor swimming pool, gym, tennis court, and garden courtyard with bbq facilities

With a northern orientation that offers sun drenched living and views of the city skyline and Royal Botanic Gardens from the 10th floor, this contemporary 3 bedroom corner apartment in the Parkside complex has one of the best locations in inner city Melbourne!

Smartly presented with many modern finishes, this apartment offers excellent privacy and lifestyle convenience. Bright natural light fills the generous lounge and dining zone which steps out to a balcony soaked in beautiful northern sunshine. Back inside, take advantage of the updated kitchen offering abundant storage, stone countertops, and stainless steel appliances including Bosch dishwasher.

The oversized master bedroom comes with built-in robe storage and ensuite, while 2 other spacious bedrooms offer mirrored BIRs and northern views! Additional features include concealed European laundry, floorboards throughout, reverse cycle heating and cooling, secure intercom entry, storage cage, secure car space, and communal facilities including an indoor swimming pool, gym, tennis court, and garden courtyard with bbq facilities.

Fantastic, convenient location which is in close proximity to the Royal Botanic Gardens, local cafes, The Arts Precinct, South Melbourne Market, Albert Park Lake, MSAC, and St Kilda Road trams to the CBD, Flinders Street Station, and all across Melbourne. Development of the nearby Domain Precinct will provide additional transport links from the new Anzac Station!

Property History for 1011/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$856,000
19 Aug 2020
  • 19 Aug 2020
    Sold for $856,000
  • 13 Jul 2020
    Listed for Sale Auction
  • 28 Jan 2003
    Sold for $375,000
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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 12,939 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 28 properties listed for sale, and 54 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.