505/28 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
A fresh celebration of wide-reaching space, this captivating 3 bedroom, 2 bathroom apartment stretches out in a commanding corner position on the 5th floor of the highly prized Parkside complex. Head downstairs to a peaceful neighbourhood with convenience at its core. Take an easy walk to South Melbourne Market, the arts precinct, St Kilda Road trams, Asian grocers, a boutique supermarket, the Royal Botanic Gardens, mouth-watering eateries across the road, and the upcoming Anzac Railway Station.
Freshly painted with brand-new floorboards underfoot, spacious open-plan living and dining is complemented by a chef-ready kitchen boasting a breakfast bar and a dishwasher. Slide open floor-to-ceiling glass and the panoramic view from an undercover balcony sweeps across treetops and rooftops. Alfresco entertaining is all set to become your default position! The generously sized trio of bedrooms are newly carpeted, naturally lit and serviced by mirrored built-in robes and a fully tiled bathroom with a shower over a bathtub, while the main bedroom comes complete with a private ensuite.
Additional features include secure car parking, a Euro-style laundry with a wall-mounted dryer, split-system heating and cooling, new roller blinds, recessed down-lighting, video intercom entry, and resort-grade use of an indoor lap pool, a fully fitted gym, tennis court and a BBQ terrace. Inspect with certainty!
Council Rates: $378.00 per quarter approx.
Water Rates: $173.00 per quarter approx.
Owners Corporation Fees: $2,306.00 per quarter approx.
* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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:
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