315/38 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3820m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Enhanced by the alfresco charm of a full-length balcony, this supersized 2 bedroom, 2 bathroom apartment maximises space, light and comfort in one exciting package. Serenely situated in a popular South Melbourne pocket, walk to Albert Park Lake, the Royal Botanic Gardens, South Melbourne Market, St Kilda Road trams and all the vitality of the Arts Precinct. City professionals, downsizers and investors can purchase with confidence, while those on the lookout for a town base will appreciate the lock-and-leave security.
Vast open-plan living and dining is bathed in the all-day warmth of northern sunlight, underpinned by a chef-friendly kitchen featuring a handy breakfast bar and stainless-steel appliances including a Westinghouse dishwasher. Elevated on the third floor of the popular Capri complex, floor-to-ceiling glass slides open to an undercover balcony with neighbourhood skyline views and the towering Australia 108 acting as a centrepiece. Exemplary rest and retreat is provided by a perfect pair of light-filled, substantially sized and mirror-robed bedrooms with the main enjoying fitted walk-in robes and a fully tiled ensuite. The second bedroom is serviced by a gleaming bathroom with floor-to-ceiling tiles and a sparkling shower over a bathtub.
Special features include secure parking, a large concealed laundry with a sink and dryer, split-system heating and cooling, roller and slimline Venetian blinds, intercom entry and exclusive access to resort-style facilities including an indoor lap pool, tennis court, a fully equipped gym and a BBQ terrace. Those who value space, style and serenity will benefit from an inspection!
Outgoings:
Council Rates: $340.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $1,253.00 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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:
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