507/38 Bank StreetSouth Melbourne VIC 3205
Property Details for 507/38 Bank St, South Melbourne
507/38 Bank St, South Melbourne is a 1 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 56m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (April 2024)
This impeccable 1 bedroom apartment sets the standard for space, sunlight and South Melbourne serenity in the popular Capri building. Peacefully set on the 5th floor, step outside and stroll to local supermarket shopping, Royal Botanic Gardens greenery, South Melbourne Market, all the vitality of the Arts Precinct and St Kilda Road trams heading to the city in one direction and the beach in the other.
From the outset, the sheer amount of space on display will inspire! Far-reaching open-plan living and dining pivots a granite-topped kitchen graced with a breakfast bar, tiled splashback and stainless-steel appliances plus an upgraded Fisher and Paykel dishwasher. Free flowing and framed by floor-to-ceiling glass, relax on an undercover balcony with a leafy aspect overlooking Bank Street before sweeping across neighbourhood treetops and rooftops. A light-filled and generously sized bedroom is serviced by mirrored built-in robes and a fully tiled bathroom with a sparkling shower over a bathtub.
Take full advantage of a large European laundry with dryer. Secure undercover car parking with a customised Spacemate over the vehicle bonnet storage unit. Daikin split system heating and cooling, slimline Venetian blinds and intercom entry. Along with exclusive resort style facilities including a heated indoor lap pool, tennis court, BBQ and fully fitted gymnasium. This is truly living!
Property History for 507/38 Bank St, South Melbourne, VIC 3205
- 02 Apr 2024Listed for Rent $530 / week
- 19 Jul 2022Listed for Rent $430 / week
- 20 May 2022Sold for $435,000
Recent sales nearby
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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 12,931 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.
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