1208/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1208/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 3820m2
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Property Details for 1208/38 Bank St, South Melbourne

1208/38 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
2001
Floor Size
50m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
1208/PS437418

Last Listing description (December 2020)

Set in a prime location, on the 12th floor within walking distance to Albert Park Lake, you will find this stunning apartment offers everything that is needed. Comprising of a fantastic kitchen space, gas cook top and floating island bench that opens out onto a light filled living space, central bathroom with shower over bath and European laundry. Offering one King size bedroom with build in robes, long South facing balcony, split system heating and air conditioning and parking for one car with the benefits of a storage cage. If thats not enough, the building facilities are also inclusive with access to the pool, gymnasium, tennis court and BBQ area. All this within walking to the Shrine of Remembrance, the Royal Botanic Gardens, the Malthouse Theatre, St Kilda Road Trams, Melbourne CBD and some of the best cafes South Melbourne has to offer.

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Property History for 1208/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$421,000
10 Aug 2019
Listed for Rent
$400/w
24 Dec 2020
  • 03 Aug 2020
    Listed for Rent - Price not available
  • 21 Jan 2020
    Listed for Rent - Price not available
  • 10 Aug 2019
    Sold for $421,000
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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 12,940 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 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 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.