307/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

307/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 3774m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 307/28 Bank St, South Melbourne

307/28 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2000
Floor Size
75m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
307/PS429423

Last Listing description (September 2013)

Offering the ultimate convenience of living moments to the gorgeous surrounds of the Botanic Gardens and public transport bound for the nearby CBD, this 2-bedroom apartment within a private low-rise complex is a fantastic inner-city option.

With floating timber floors adding a sense of contemporary style and complementing the light-filled open-plan living areas, a tiled kitchen space features stainless steel gas appliances, tiled splashbacks and a dishwasher, while the lounge steps out to an undercover balcony enjoying a treetop outlook over the street.

Both of the double bedrooms are fitted with mirrored built-in robes, with floor-to-ceiling tiles, a shower-over-bath and a Euro laundry (with dryer included) in the bathroom.

A superb lifestyle base directly opposite local cafes and restaurants it is also close to cosmopolitan Clarendon St, the vibrant South Melbourne Market and Melbourne's world-class arts precinct.

Includes a secure car space, reverse-cycle heating and cooling, secure intercom entry and communal use of the indoor swimming pool, gym, tennis court and BBQ facilities.

Property History for 307/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$515,000
23 Aug 2013
Listed for Rent
$470/w
21 Jul 2011
  • 23 Aug 2013
    Sold for $515,000
  • 31 May 2013
    Listed for Sale $480,000 - $520,000
  • 14 Jul 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 12,939 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 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.