2/287 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

2/287 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 1071m2
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Property Details for 2/287 Bank St, South Melbourne

2/287 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 1071m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1920
Floor Size
113m2
Land Size
1071m2
Local Government
Port Phillip
Lot/Plan
2/PS412379

Last Listing description (December 2021)

OBVIOUS:
A perfect warehouse conversation positioned in one of Melbourne's best locations. Set back from the street behind a heritage facade of the former Mylund Press building, this two-bedroom conversion embraces a unique split-level layout and multipurpose free-flowing interior.

The proportions are generous and feature timber floors and solid brick walls throughout. The central kitchen and meals area is clad in black granite that services the generous dining space and comfortable lounge area, with doors opening to a sunny courtyard in a private and peaceful setting.

Upstairs both of the double bedrooms have built-in robes and are accompanied by a bathroom featuring a shower and a separate bathtub.

SEAL THE DEAL:
A five min stroll to the South Melbourne Market, the lake, and MSAC is only moments away with Albert Park and Middle Park Villages at your convenience. With secure off-street parking via remote control gate entry.

Property History for 2/287 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$1,008,000
18 Dec 2021
Listed for Rent
$490/w
15 May 2013
  • 18 Dec 2021
    Sold for $1,008,000
  • 26 Nov 2021
    Listed for Sale THE DEAL: Auction Saturday 18 December at 11:30am
  • 09 May 2016
    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 12,940 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.
There are currently 28 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 498 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.