408/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

408/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 3774m2
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Property Details for 408/28 Bank St, South Melbourne

408/28 Bank St, South Melbourne is a 2 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 75m2. While the property is not currently for sale or for rent, it was last sold in October 2006.

Building Type
Unit
Year Built
2000
Floor Size
75m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
408/PS429423

Last Listing description (December 2025)

RENT: $650 per week

This large and well designed open planned 4th floor apartment is ideally located to everything and is only a short walk to St Kilda Road, Clarendon Street, Southbank, Melbourne's Botanic Gardens, Casino and CBD.

This secured complex includes a large garden courtyard with indoor pool, tennis court and gym (all located on level 2), and comprises 2 double bedrooms both with built-in-robes, large lounge/living areas opening onto balcony with spectacular views, modern kitchen, fully tiled bathroom with laundry facilities, air-conditioning and secured undercover car park.

This apartment provides maximum security. and is ready to move in & enjoy NOW!

Don't miss out on this opportunity - Inspection will not disappoint!

WANT TO INSPECT THIS PROPERTY? To book a time that suits you, please email or call the agent on 9670 3288 and register!

** PHOTO ID REQUIRED AT ALL INSPECTIONS **

PLEASE NOTE: Inspection Times and Property Availability are subject to change or cancellation without notice. We highly recommend registering for an inspection.

DUE TO CONSTANT CHANGES WE RECOMMEND THAT YOU CONFIRM ALL INSPECTIONS AT LEAST 24 HOURS PRIOR FOR ANY UPDATES

Due to Covid-19 no open for inspections are scheduled. Inspections are strictly by appointment only.

To view our video link please call or email Charles on 0423 530 172

Property History for 408/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$320,000
13 Oct 2006
Listed for Rent
$650/w
13 Dec 2025
  • 18 Nov 2025
    Listed for Rent $650 / week
  • 19 Mar 2021
    Listed for Rent $1,717 / week
  • 13 Oct 2006
    Sold for $320,000
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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 12,921 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:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 32 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 476 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.