123 Bank St, South Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 143m2 and floor size of 18m2. While the property is not currently for sale or for rent, it was last sold in November 2005.
This stunning double fronted, double story residence is a recent build which has maintained a historic fa ade. Very spacious throughout and drenched in natural light this home offers the lucky tenants the opportunity to live only minutes from the CBD, Clarendon Street Village, Albert Park Lake, fantastic restaurants and the beach in this highly sought after bayside location.
The first floor of the home features gas ducted heating, the modern kitchen with gas appliances, dishwasher and plenty of bench and storage space, a large open plan living and dining zone which opens out through multi double doors to the court yard area with decked section and the flexibility to be utilised for a secure off street car space with an automated roller door. Additionally this level includes a large home office or optional fourth bedroom, a second lounge room with a light well which is accessible so its the perfect spot for a few plants, a full laundry, a powder room for convenience and of course the stunning floorboards.
Wander upstairs to find the three double bedrooms, all with built in robes and the master with ensuite as well as bay windows which allow for even greater natural light. This level is serviced by the central bathroom and centralised split system.
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 12,852 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:
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