1101/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1101/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 3774m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 1101/28 Bank St, South Melbourne

1101/28 Bank St, South Melbourne is a 2 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 90m2. While the property is not currently for sale or for rent, it was last sold in January 2025.

Building Type
Unit
Year Built
2000
Floor Size
90m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
1101/PS429423

Last Listing description (March 2025)

An exclusive offering of top-floor style in a prized South Melbourne pocket, this spacious 2 bedroom, 2 bathroom apartment delivers captivating northern views towards the towering city skyline. Head downstairs and take a short stroll to South Melbourne Market, a wide range of local eateries, lush Royal Botanic Gardens greenery, the lively arts precinct, Anzac Railway Station, and multiple tram routes to the city and the beach.

Securely situated on the 11th floor of the prestigious Parkside complex, far-reaching open-plan living and dining is underscored by a chef-ready kitchen boasting a breakfast bar and appliances including a stainless-steel oven and Bosch dishwasher. Spill outside through floor-to-ceiling glass and instantly relax on a sheltered north-facing balcony highlighting the neighbourhood in all its splendour. This is a stunning city outlook to treasure! Generous in size, air-conditioned and filled with light, both robed bedrooms enjoy spectacular aspects, serviced by their own sparkling bathrooms. The master suite comes complete with walk-in robes, while the primary bathroom is graced with a full-sized bathtub.

Additional features include car parking, a large walk-in laundry, split-system heating and cooling throughout, roller blinds, double glazed windows, rich floorboards, intercom security, and resort-grade use of an indoor pool, tennis court, well-equipped gym and a BBQ garden terrace. Inspect today!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Outgoings:
Council Rates: $350.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $1,500.00 per quarter approx.

Potential Rental Income:
$700 per week approx.

Property History for 1101/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$735,000
26 Jan 2025
  • 26 Jan 2025
    Sold for $735,000
  • 16 Jan 2025
    Listed for Sale $735,000
  • 07 Oct 2008
    Sold for $490,000
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 12,937 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 49 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 481 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.