406/28 Bank StreetSouth Melbourne VIC 3205
Property Details for 406/28 Bank St, South Melbourne
406/28 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (March 2020)
Peacefully placed on the fourth floor of the tightly held Parkside building, this light-filled 1 bedroom apartment showcases sweeping neighbourhood views in a special lifestyle locale. Walking distance from South Melbourne Market, the Arts Precinct, St Kilda Road trams, and the relaxed beauty of the Royal Botanic Gardens, this is superior inner-city living with all the lifestyle advantages.Newly updated with timber-look laminate flooring and a fresh coat of paint, enjoy a deluxe kitchen boasting stainless-steel appliances and a breakfast bar for relaxed meal times. Benefiting from floor-to-ceiling glass directing light to all corners, spacious open-plan living and dining naturally flows to a covered balcony with a commanding panorama overlooking treetops and rooftops to the Shrine of Remembrance. Capturing summer sea breezes with ease, this outdoor oasis will be used on a daily basis. Offering exemplary rest and retreat, the generously sized bedroom is serviced by mirrored built-in robes and a luxurious bathroom with a fully tiled shower over a bath. Packed with features, discover a welcoming entrance hallway, concealed laundry with handy shelving, secure parking, intercom entry, split-system heating and cooling plus additional panel heating, and enviable resort-style facilities including an indoor lap pool, fully fitted gym, tennis court and a BBQ terrace for entertaining family and friends. In a building popular with owner-occupiers, this one will not last long!* Photo identification will be required upon entering the property at the inspection time.
Property History for 406/28 Bank St, South Melbourne, VIC 3205
- 29 Feb 2020Sold for $445,000
- 31 Jan 2020Listed for Sale $400,000 - $440,000
- 01 Dec 2016Sold for $428,000
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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 12,933 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.
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