407/41 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
 
OFF MARKET

407/41 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 1435m2
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Last updated 31 Aug 2026
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Property Details for 407/41 Bank St, South Melbourne

407/41 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit. The property has a land size of 1435m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Land Size
1435m2
Local Government
Port Phillip
Lot/Plan
407/PS827451

Last Listing description (April 2025)

FULLY FURNISHED ? Enjoy the luxury of living at the doorstep of the city and the Botanic Gardens in this beautifully appointed one-bedroom apartment within the prestigious Domain House building. This residence offers access to 5-star facilities, including a Yoga Room, communal dining rooms with panoramic views of South Melbourne, and a serene Japanese garden for residents to enjoy.

The apartment boasts floor-to-ceiling windows throughout, allowing ample natural light to fill the spacious living area. The contemporary kitchen is fully equipped with a large fridge, microwave, dishwasher, oven, and gas cooktop, perfect for easy meal preparation. Additional features include heating and air conditioning, a Euro laundry with a washer and dryer, and a central bathroom with two-way entry, serving as a semi-ensuite for the generously sized bedroom with built-in wardrobes.

Residents benefit from the convenience of a building manager, secure entry with intercom access, and a prime location. You?ll have easy access to trams, Dandenong Road, and Kingsway, as well as being close to the Domain precinct, MSAC, Albert Park Lake and Golf Course, South Melbourne Market, and a host of local shops, cafes, and restaurants.

To book an inspection, click the ?Book an Inspection? button, to register your details and choose a time that suits you. You will automatically be updated on any changes to the appointment, and one of our leasing consultants will meet you at the property at your chosen time.

To submit an application for this property, simply click the ?Apply? button.

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Property History for 407/41 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$447,000
11 Apr 2019
  • 24 Mar 2025
    Listed for Rent $560 / week
  • 17 Oct 2024
    Listed for Rent $550 / week
  • 11 Apr 2019
    Sold for $447,000
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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 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, 484 properties were sold in the past 12 months in South melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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