508/38 Bank StreetSouth Melbourne VIC 3205
Property Details for 508/38 Bank St, South Melbourne
508/38 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (November 2025)
Spacious, Bright and Perfectly Positioned Apartment!
PLEASE NOTE: Open for Inspection Times and Property Availability are subject to change or cancellation. If you wish to be notified of any cancellations or changes please register your details for an inspection.Boasting wonderful space and plenty of natural light, this updated apartment is located in the highly coveted Capri complex with its resort-style facilities. Nestled in the serene South Melbourne precinct, stroll to St Kilda Road trams, a superb collection of local cafes and restaurants, Royal Botanic Gardens greenery, the Arts Precinct and South Melbourne Market.Featuring:- Wonderful open plan living and dining, with split system and floor to ceiling glass doors onto the quaint balcony space.- Refreshed kitchen with marble look benchtops, great storage and quality stainless steel appliances including gas cooking and dishwasher.- Bright and airy bedroom with mirrored BIRS.- Sparkly bathroom with shower over bath and euro laundry.- Secure intercom entry and lift access.- Single underground car space and storage cage.- Complex includes an indoor heated lap pool, tennis court, a fully equipped gym and a BBQ terrace.
Property History for 508/38 Bank St, South Melbourne, VIC 3205
- 17 Nov 2025Listed for Rent $560 pw
- 04 Nov 2025Listed for Sale Under Contract
- 04 Nov 2025Sold - Price Undisclosed
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 12,939 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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