123 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

123 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 18m2
Land area: 143m2
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Last updated 25 May 2026
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Property Details for 123 Bank St, South Melbourne

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.

Building Type
House
Year Built
1993
Floor Size
18m2
Land Size
143m2
Local Government
Port Phillip
Lot/Plan
1/TP10115

Last Listing description (April 2019)

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.

Having recently had new carpets and blinds installed, been update painted and featuring heating and cooling throughout this home is the complete package and ready for you
Jellis Craig Inner North Property Management invites you to inspect this property.
If you would like to inspect this property please click book inspection or make an appointment and we will be in contact to arrange a suitable time. Alternatively, you can email the agent or visit the property listing on www.jelliscraig.com.au and click Book Inspection .

Property History for 123 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$741,000
03 Nov 2005
Listed for Rent
$980/w
12 Apr 2019
  • 27 Mar 2019
    Listed for Rent $980 / week
  • 08 Jan 2006
    Listed for Rent - Price not available
  • 03 Nov 2005
    Sold for $741,000
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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 12,852 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:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 30 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 476 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.