1609/41 Bank Street, South Melbourne, VIC 3205 sold on 18 December 2024 | OnTheHouse
SOLD
Sold on 18 Dec 2024 for $1,455,000

1609/41 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 1435m2
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Property Details for 1609/41 Bank St, South Melbourne

1609/41 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 1435m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2022
Floor Size
101m2
Land Size
1435m2
Local Government
Port Phillip
Lot/Plan
1609/PS827451

Last Listing description (February 2025)

41-49 Bank Street, South Melbourne VIC

Brand new, never tenanted.

Level 16, Unit 1609, 3 Bedrooms 2 bathroom 2 carpark with storage, Internal area: 101.1sqm, Balcony: 8sqm, Total area: 109.1sqm - Price: $1,445,000

Aspect: North East

Ask us about the cash back deals!

Outgoings:-
- OC fee: $5,000 to $5,500 p.a.

- On the doorstep of the Botanic Gardens & the city
- Amazing views of Southbank, CBD, Port Phillip Bay & Albert Park Lake
- 260m from the future 'Anzac' Train Station
- Minutes from Melbourne's most prestigious & elite private schools
- Japanese inspired garden & lobby
- Residents' lounge with fireplace
- Private dining room & sky terrace
- Tranquil yoga & wellness room
- Boasting connectivity to St Kilda Rd & Kings Way
- 6.5 Star Energy Rating

Property History for 1609/41 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,455,000
18 Dec 2024
  • 18 Dec 2024
    Sold for $1,455,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 16 Oct 2023
    Listed for Sale Not Disclosed
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 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.