1309/41 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1309/41 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 1435m2
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Last updated 31 Aug 2026
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Property Details for 1309/41 Bank St, South Melbourne

1309/41 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1435m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Land Size
1435m2
Local Government
Port Phillip
Lot/Plan
1309/PS827451

Last Listing description (April 2024)

Construction Completed Move-in now! Incredible Incentives On Offer, Find Out more!

A thoughtful composition of international influences which culminate in a design that is distinctly Melbourne. Boasting carefully considered residences with panoramic views in a prestigious location, surrounded by elite private schools with unrivalled connectivity including the brand new Anzac station just 260m away.

The interiors are about bringing luxury and comfort to modern living. Expanses of floor-to-ceiling glass wrap each residence in penthouse style, allowing natural light to pour in while opening to the panorama of Melbourne.

The material palette is pared back using ash oak timber floorboards, clean joinery forms, and refined linear detail in a statement of relaxed sophistication.

Residents will enjoy a series of high-end shared spaces for upscale entertaining and wellbeing. At the lower levels, the lobby, lounge, internal Japanese-inspired garden, yoga room and wellness studio are synonymous with features of a luxury hotel. The podium rooftop includes a lounge with open fireplace, private dining room and outdoor terrace with sun-soaked decks and landscaping perfect for entertaining.

Property History for 1309/41 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,164,075
23 May 2023
  • 29 Feb 2024
    Listed for Sale $1,245,000
  • 23 May 2023
    Sold for $1,164,075
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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 13,154 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 54 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.