355-357 Bank StreetSouth Melbourne VIC 3205
Property Details for 355-357 Bank St, South Melbourne
355-357 Bank St, South Melbourne is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 190m2. While the property is not currently for sale or for rent, it was last sold in June 2015.
Last Listing description (June 2015)
A rare and remarkable opportunity exists to purchase this double block on 350sqm (approx.) with a massive frontage of 23.58m (approx.) on the corner of Nelson Road with exceptional potential for a new home or development site (STCA). Current spaces include two bedrooms, spacious living room, separate updated kitchen/meals and original tiled bathroom. An expansive grassed area, garage via rear laneway and front car access add further appeal. In a location loaded with renowned lifestyle advantages, close to St Vincent Gardens, Albert Park Lake, the beach, Victoria Street shops and cafes, popular schools and South Melbourne Market. Prime position with unlimited potential. Note: Two titles and home has no heritage significance.
Property History for 355-357 Bank St, South Melbourne, VIC 3205
- 20 Jun 2015Sold for $2,365,000
- 30 May 2015Listed for Sale Not Disclosed
- 27 Nov 1982Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 12,852 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:
- The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
- Houses have a median rent of $840 while Units have a median rent of $670.
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