1205/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1205/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 3820m2
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Property Details for 1205/38 Bank St, South Melbourne

1205/38 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 105m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
2001
Floor Size
105m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
1205/PS437418

Last Listing description (August 2019)

Brimming with natural light, wide-ranging space and striking views from every room, this stunning 3 bedroom, 2 bathroom corner apartment will captivate with an uninterrupted blue-water panorama stretching across the horizon from Port Melbourne to St Kilda. Watch sailboats glide over azure seas, track the Spirit of Tasmania cruising into the sunset, and enjoy soothing summer sea breezes from your full-width balcony. This is your opportunity to live and entertain in unrivalled splendour, within walking distance of Royal Botanic Gardens, Clarendon Street, city-bound trams, South Melbourne Market, and the Arts Precinct.A sublime statement of style and sophistication on the 12th floor of the tightly held Capri building, there is no need for compromise with this much space at your disposal. Surrounded by floor-to-ceiling glass, light-filled open-plan living and dining pivots a renovated kitchen with inviting bench space, integrated Smeg appliances and a full-sized Fisher and Paykel dishwasher. Step outside to a fabulously full-width balcony with access from the living room as well as two of the bedrooms. Overlooking Port Phillip Bay, the Shrine of Remembrance and neighbourhood treetops, this thrilling context shares a distinctive warmth that also works exceptionally well for everyday living as well as entertaining. All 3 mirror-robed bedrooms are drenched in light with the palatial main featuring a fully tiled ensuite boasting a marble-finished vanity and a bath. Relax and take in a window-walled water view sweeping across the horizon from Port Melbourne to St Kilda beaches, all from the warmth of your bed!Take full advantage of secure basement parking for 2 cars, large concealed laundry with dryer, split-system heating and cooling, keyless intercom entry, roller blinds, and exclusive access to resort-style facilities including a swimming pool, tennis court, fully equipped gym and a BBQ terrace. Embrace an enticing world of luxury living with so much more on offer!* Photo identification will be required upon entering the property at the inspection time.

Property History for 1205/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$870,000
30 Jul 2019
  • 30 Jul 2019
    Sold for $870,000
  • 19 Jul 2019
    Listed for Sale $870,000
  • 17 Nov 2009
    Sold for $715,000
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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 29 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 486 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.