172 Bank StreetSouth Melbourne VIC 3205
Property Details for 172 Bank St, South Melbourne
172 Bank St, South Melbourne is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1880. The property has a land size of 253m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Strikingly updated, this opulent Victorian presents the epitome of its historic, vibrant locale. Introduced by a chic black and white tessellated veranda with classic iron fretwork, the graceful tone is immediately set. Light filled interiors roll out be-hind an imposing entrance announcing elegant, well designed living spaces.
Soaring ceilings, ornate fretwork and Baltic pine flooring present a timeless framework for this contemporary family home. Majestic rooms balance state of the art appointments and functional outdoor areas offering dynamic accommodation.
The principle living spaces on the ground floor include a large formal sitting room with ornate fireplace and a sun drenched grand formal dining room. An impressive contemporary stone cook's kitchen with fully integrated European appliances, breakfast bar and butler's pantry unite a private north facing bluestone alfresco, elevating dining and entertaining to unforgettable heights.
Five bedrooms, two bathrooms and two further common areas are distributed across two levels and two clearly defined quarters. A well designed floorplan includes semiprivate accommodation with two of the five bedrooms, a family bathroom and a rumpus connected by an internal first floor courtyard, with additional access via the rear garden. The three robed bedrooms and sleek, renovated bathroom in the original wing are generous and ambient. A triple garage with workshop and internal access, a home office, powder room complete the generous floorplan with clever and abundant storage solutions throughout.
This remarkable home is warmed by hydronic heating and OFP's, with split systems providing controlled comfort, and plantation shutters feature throughout. High end attributes and user-friendly utilities enhance liveability in this beautifully appointed home while unique period attributes add invaluable charm .
Superbly located with Clarendon Street and Park Street Villages a stone's throw away, you're just a short walk from South Melbourne market and the epicurean district. Easy access to trams, transport links and spoiled by the natural environs, including the beach, Albert Park Lake, and lush parklands, with incredible proximity to the CBD, Southbank, and Botanic Gar-dens, there really is no match to this elite urban locale.
Property History for 172 Bank St, South Melbourne, VIC 3205
- 17 Nov 2022Sold for $4,100,000
- 24 Aug 2022Listed for Sale Contact Agent
- 10 Jun 2010Sold for $1,950,000
Recent sales nearby
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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 12,940 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.
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