502/38 Bank Street, South Melbourne, VIC 3205 sold on 15 June 2026 | OnTheHouse
SOLD
Sold on 15 Jun 2026 for $708,000

502/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 3820m2
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Property Details for 502/38 Bank St, South Melbourne

502/38 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
86m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
502/PS437418

Last Listing description (September 2023)

This beautiful two bedroom apartment will have you begging us for the keys. Bright, light and in the stylish and ever so desirable Capri complex, it is a must see!

Comprising of a well designed and clever floor plan, featuring floor to ceiling windows throughout, spacious living and dining area opens onto an extra large undercover entertainer's balcony. Boasting enough room for an outdoor setting while peacefully enjoying the Capri's perfectly manicured garden.

The renovated stone fitted kitchen features glass splash backs, stainless steel appliances including dishwasher, plenty of bench space and loads of storage.

The master bedroom has dual sided walk-in robes and an extra store room / study room. The second bedroom is spacious with built-in mirrored robes plus a renovated luxurious bathroom with European laundry.

Additional extras include secure car space, reverse cycle heating and cooling in the living area and double blinds throughout.

Resort style facilities include an indoor heated swimming pool, gymnasium, BBQ area and don't forget the tennis court.

All located just a short stroll to The Royal Botanical Gardens, cafes and restaurants, the CBD, Southbank Arts Precinct and excellent public transport options. You will be spoilt for choice!

Property History for 502/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$708,000
15 Jun 2026
Listed for Rent
$650/w
14 Sep 2023
  • 15 Jun 2026
    Sold for $708,000
  • 14 Sep 2023
    Listed for Rent $650 / week
  • 16 Sep 2018
    Sold for $640,000
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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.
There are currently 30 properties listed for sale, and 45 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 466 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.