321 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 1910. The property has a land size of 182m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Impressively proportioned and magnificently finished, this ultra stylish Edwardian residence benefits from superb renovations including a second level extension and a premium position in a peaceful pocket of South Melbourne just moments from the renowned attractions of the locale.
Embraced by beautifully landscaped gardens, an immaculately maintained frontage introduces the charming interiors boasting pristine period features including hardwood floors, high decorative ceilings, leadlight glass, timber fretwork and ornate fireplaces. A wide L shaped hallway flows past a refined study and library fitted with built-in desk and storage and leads to expansive open plan living and dining, designed for both relaxed living and lavish entertaining. A gourmet kitchen appointed with plentiful storage and a suite of high end appliances including integrated Miele dishwasher, gas and induction cooktops, Gaggenau double oven, one is a steam oven and the other is convection, integrated Liebherr double fridge/freezer, boasts a vast stone island bench, providing the perfect setting for relaxed dining. A private decked courtyard offers an abundance of storage as well as space for outdoor dining and entertaining.
A sensational main bedroom suite serenely set on the first floor includes extensive built-in robes and custom storage, bi fold doors opening out to a north facing rooftop terrace with striking city views and a chic bathroom with stone vanity. A second bedroom on the ground floor is fitted with walk-in robe and bright ensuite with shower over spa bath. This delightful home also features European laundry, ducted heating, secure entry and rear pedestrian access. Located a short stroll to St Vincent Gardens, Anzac Gardens, South Melbourne Market, Albert Park Lake and MSAC, with excellent schooling also in close proximity.
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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
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