11/287 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

11/287 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 11/287 Bank St, South Melbourne

11/287 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1920. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1920
Local Government
Port Phillip
Lot/Plan
11/PS412379

Last Listing description (August 2022)

Three level warehouse conversion.

This converted warehouse features three bedrooms PLUS SEPERATE STUDY with over 140sqms of internal space plus approx. 15sqms of balcony entertaining area which offers easy living amidst coveted lifestyle attributes. Over three levels, the top floor is an open plan living and dining zone benefiting from its northern aspect and opens to a generous terrace with city views, perfectly suited for relaxed entertaining. The second level features a well-proportioned main bedroom with built in robes and ensuite with double stone vanity while two further bedrooms sharing a sizeable central bathroom with stone vanity and bath are located on the first floor. Extending the abode's versatile offering, a delightfully presented study room with leafy outlooks and bespoke cabinetry is positioned on the second floor with a northerly aspect. The full complement of convenient living includes heating, cooling, intercom entry, laundry facilities, bicycle storage and one parking space. Located moments from St Vincent Gardens, Albert Park Village, South Melbourne Market and the tram to the CBD.

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Property History for 11/287 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,300,000
14 Jun 2025
  • 07 Jul 2022
    Listed for Rent $850.00
  • 11 Mar 2020
    Listed for Sale Not Disclosed
  • 04 Mar 2019
    Listed for Rent $950 per week
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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 12,921 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:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 33 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 465 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.