311/38 Bank Street, South Melbourne, VIC 3205 sold on 23 January 2026 | OnTheHouse
SOLD
Sold on 23 Jan 2026 for $890,000

311/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 3820m2
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Property Details for 311/38 Bank St, South Melbourne

311/38 Bank St, South Melbourne is a 3 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 105m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
105m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
311/PS437418

Last Listing description (February 2026)

A stunning combination of natural light, a free-flowing layout and a peaceful corner position, this spacious 3 bedroom, 2 bathroom, 2 car-park apartment is enriched by a world of convenience on your doorstep. Head downstairs and stroll to the Royal Botanic Gardens, Anzac trains, choice of tram routes, Woolworths, the arts precinct, South Melbourne Market, and a sought-after selection of neighbouring cafes and restaurants.Set on the third floor of the coveted Capri building, discover roomy and air-conditioned open-plan living and dining underscored by a granite-finished kitchen with stainless-steel appliances. Floor-to-ceiling glass slides open to a sheltered primary balcony boasting a treetop aspect sweeping over the neighbourhood towards the majestic Shrine of Remembrance in the distance.The sizeable bedrooms are extensively robed, newly carpeted and filled with light, while the palatial main is graced with walk-in robes, a private ensuite, and an east-facing balcony capturing the gentle warmth of eastern light. The principal bathroom showcases full-height tiles, a shower over a bathtub, and a European laundry with a wall-mounted dryer.Freshly painted throughout, comprehensive features include secure tandem parking for 2 cars, split-system heating and cooling, slimline Venetian blinds, sleek new floorboards, and recessed down-lighting. Capri comes complete with intercom security, lift access, and resort-style use of a swimming pool, tennis court, fully equipped gym and a BBQ terrace. An inspection will be rewarded!* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 311/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$890,000
23 Jan 2026
Listed for Rent
$782/w
24 Sep 2024
  • 23 Jan 2026
    Sold for $890,000
  • 12 Nov 2025
    Listed for Sale $890,000
  • 16 Jul 2024
    Listed for Rent $782 / week
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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 12,931 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 29 properties listed for sale, and 44 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.