325-327 Bank Street, South Melbourne, VIC 3205 sold on 21 February 2026 | OnTheHouse
SOLD
Sold on 21 Feb 2026 for $3,285,000

325-327 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 325-327 Bank St, South Melbourne

325-327 Bank St, South Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in South Melbourne in the last 12 months.

Building Type
House
Local Government
Port Phillip
Lot/Plan
PC363155

Last Listing description (September 2021)

Significant Charm & Character

Stand-alone building over 3 levels.
Unique creative working space.
Refurbished and upgraded with impressive staircase.

Opportunity to embrace change for your company & improve the way you work.
Sensational lifestyle opportunity.
Building area 301 m approx.

Ground Level:
Very cool entrance.
Reception area.
3 main work areas.
Underground cellar.

1st Floor:
Large open plan area.
Fully fitted kitchen and breakout area where the team can eat/get together.

2nd Level:
3 separate work areas.
I.T./Comms room - High speed optical fibre internet connection.

Excellent natural lighting of interior spaces.
Toilet facilities on all levels.
End of trip facilities including shower and secure bicycle racking.
Hydronic heating and air conditioning and fully monitored alarm system.
Located in sought after city fringe location.
Close to public transport and nearby to great retail amenities including restaurants, cafes and bars.

Leased by Morley for $100,000.00 per annum

Property History for 325-327 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$3,285,000
21 Feb 2026
  • 13 May 2021
    Listed for Rent - Price not available
  • 17 Nov 2015
    Listed for Rent - Price not available
  • 27 Jul 2006
    Listed for Rent - Price not available
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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 13,154 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 30 properties listed for sale, and 49 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 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.