5/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

5/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 3820m2
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Property Details for 5/38 Bank St, South Melbourne

5/38 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 3820m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2000
Floor Size
109m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
5/PS437418

Last Listing description (July 2025)

Don't miss out on this spacious apartment with a location boasting easy access to everything that has made Melbourne the most Liveable city in the world!

This apartment features a fabulous open plan kitchen with stainless steel appliances and an abundance of cabinet space, timber flooring and a massive island bench.

Flowing into a very versatile living space with split-system heating and cooling for year-round comfort and glass sliding door opening out to your lovely courtyard.

Three excellent sized bedrooms, master bedroom with a separate ensuite. Serviced by the sparkling bathroom with shower over bath and mirror above the vanity. Intercom entry, Euro laundry and two car spaces complete the picture!
Building facilities include a pool, tennis court and gym. All of this is located close to Clarendon Street with all its shops, bars, restaurants and trams, and easy walking distance to the Crown entertainment complex along Melbourne's iconic Yarra Promenade. The Royal Botanic gardens and trams along St Kilda Road are just moments away.

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Property History for 5/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$760,000
02 Dec 2020
Listed for Rent
$825/w
07 Oct 2024
  • 05 Aug 2024
    Listed for Rent $825 / week
  • 18 Apr 2023
    Listed for Rent $800 / week
  • 02 Dec 2020
    Sold for $760,000
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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 12,926 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 33 properties listed for sale, and 42 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 472 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.