1111/38 Bank StreetSouth Melbourne VIC 3205
Property Details for 1111/38 Bank St, South Melbourne
1111/38 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Last Listing description (August 2026)
Expression of Interest (unless sold prior) due Thursday, 10th September 2026 at 5pm.Space, sunlight and a serene South Melbourne setting combine to perfection in this spectacular 3 bedroom, 2 bathroom, 2 car-park corner apartment over a vast 123sqm in total (approx.). Make your way downstairs from this 11th floor retreat and stroll to Albert Park Lake, the Royal Botanic Gardens, South Melbourne Market, trams in all directions, Anzac trains, Woolworths, the arts precinct, and a feast of local dining options in this prestigious pocket.Floor-to-ceiling glass hems wide-reaching open-plan living and dining, underscored by a granite-finished kitchen with a breakfast bar and upgraded appliances including a 5-burner gas cooktop and a Bosch dishwasher. Perched inside the prestigious Capri building, a sheltered full-width balcony highlights sweeping views across the neighbourhood before landing on the majestic Shrine of Remembrance. The sizeable bedrooms are fitted with secondary glazing and extensively robed, filled with light, and ready to impress, while the palatial main is graced with walk-in robes and a private ensuite. The principal bathroom showcases full-height tiles, a shower over a bathtub, and a European laundry with a wall-mounted dryer.Comprehensive features include secure parking for two cars, an over-the-bonnet storage unit, split-system heating and cooling, floating floorboards, double roller blinds, dimmable lighting, and recessed down-lighting. Coveted Capri comes complete with intercom security, lift access, and resort-style use of a swimming pool, tennis court, fully equipped gym, and a BBQ terrace. Inspect today and experience it for yourself!Outgoings:Council Rates: $427.00 per quarter approx.Water Rates: $176.00 per quarter approx.Owners Corporation Fees: $2,231.00 per quarter approx.Potential Rental Income: $850 per week approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 1111/38 Bank St, South Melbourne, VIC 3205
- 29 May 2026Listed for Sale EOI (unless sold prior) $848,000 - $898,000
- 22 Mar 2022Listed for Rent - Price not available
- 16 Dec 2017Sold for $810,000
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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.
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