106/28 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 75m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.
Showcasing a free-flowing floorplan with size to surprise, this impressive 2 bedroom apartment stands out in a special South Melbourne neighbourhood celebrated for convenience, serenity and unrivalled amenity. Simply stroll to South Melbourne Market, Royal Botanic Gardens greenery, Albert Park Lake, dining choice, multiple tram routes, Anzac trains, Woolworths shopping, and all the vibrancy of the arts precinct.Enjoy the air-conditioned comfort of far-reaching open-plan living and dining, complemented by a chef-ready kitchen boasting a breakfast bar and stainless-steel appliances including a 4-burner gas cooktop. Privately perched on the first floor of the tightly held Parkside complex, step outside to a large balcony and instantly relax with a leafy treetop aspect on display. This idyllic backdrop is the ideal setting for relaxing or entertaining family and friends. Both sizeable bedrooms are drenched in natural light, serviced by mirrored built-in robes and a fully tiled bathroom featuring a shower over a bathtub.Take advantage of secure car parking, a European laundry with a wall-mounted dryer, split-system heating and cooling, roller blinds, intercom entry and resort-inspired use of an indoor lap pool, a well-equipped gym, tennis court and a BBQ terrace. This serene sanctuary is the perfect fit for city professionals, first home owners, and astute investors. Inspect today!Outgoings:Council Rates: $350.00 per quarter approx.Water Rates: $170.00 per quarter approx.Owners Corporation Fees: $1,600.00 per quarter approx.Potential Rental Income: $700 per week approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
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