1406/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

1406/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
Land area: 3820m2
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Property Details for 1406/38 Bank St, South Melbourne

1406/38 Bank St, South Melbourne is a 2 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 81m2. While the property is not currently for sale or for rent, it was last transferred in December 2019.

Building Type
Unit
Year Built
2001
Floor Size
81m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
1406/PS437418

Last Listing description (December 2022)

This urban abode is close to Albert Park Lake, South Melbourne Market, and city-bound trams. A wonderful example of contemporary inner city living, this light-filled and stylish 14th floor apartment is an absolute treat, with views of Port Phillip Bay.

Comprising of the following:

- Wonderfully bright and featuring a sizeable main lounge and dining area

- Large kitchen with ample bench and cupboard space
- Stainless steel appliances, Gas Cooktop, electric Oven and Dishwasher
- Large Master bedroom with Walk in robe, floor to ceiling windows & Bay views
- Ensuite bathroom with shower to master bedroom
- Large Double second bedroom with mirrored built-in robes
- Large central bathroom with shower over bath
- Euro laundry with Front loader washing a machine & Dryer
- Large private balcony with stunning bay views
-Two secure tandem car spaces, hidden laundry with washer and dryer,
- Reverse cycle heating and cooling, secure intercom entry
- communal facilities including indoor swimming pool, gym and tennis court

Property History for 1406/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Transferred
19 Dec 2019
Listed for Rent
$650/w
27 Dec 2022
  • 29 Nov 2022
    Listed for Rent $650 / week
  • 21 Oct 2020
    Listed for Rent $550 / week
  • 19 Dec 2019
    Transferred
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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 12,920 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 38 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 459 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.