510/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

510/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 81m2
Land area: 3820m2
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Last updated 28 Sep 2026
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Property Details for 510/38 Bank St, South Melbourne

510/38 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in November 2006.

Building Type
Unit
Year Built
2001
Floor Size
81m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
510/PS437418

Last Listing description (October 2024)

Bright, breezy, and conveniently close to the action, this sensational two bedroom apartment is envious South Melbourne living. Only moments to Albert Park Lake, South Melbourne Market, Botanic Gardens, and public transport, this picture perfect pad enjoys a light-filled central lounge, master retreat with chic ensuite, and a private undercover balcony for relaxing.

Awash in stunning natural light and adorned with high floor-to-ceiling windows, this pristine 5th floor apartment has it all, including a generous central lounge and dining area with stylish feature wall and adjoining kitchen owning a breakfast bar and stainless steel appliances including a dishwasher. The long undercover balcony is a perfect spot for drinks on a lazy Sunday afternoon in summer, while the quality bathroom boasts a European laundry. The master bedroom has a sizeable walk-in robe and ensuite, while the 2nd bedroom features a mirrored built-in robe.

Features: Secure car space, reverse cycle heating and cooling, secure intercom entry, communal facilities including indoor swimming pool, gym and tennis court.

*Please note this building has an embedded network for one or more utility supplies

Professionals Wantirna Knox invite you to REGISTER YOUR INTEREST by clicking Get in touch and entering your details to receive updates and inspection times for this property. Our team of local property experts can also provide you with a professional sales or rental appraisal for your property.

Disclaimer. All information contained herein is gathered from sources we believe to be reliable. We cannot however guarantee its accuracy and interested parties should make and rely on their own enquiries. Inspection times and property availability are subject to change without notice. Photo identification required at inspections.

Property History for 510/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$340,000
02 Nov 2006
Listed for Rent
$625/w
28 Oct 2024
  • 03 Oct 2024
    Listed for Rent $625 / week
  • 21 Jun 2022
    Listed for Rent $525 / week
  • 13 May 2019
    Listed for Rent - Price not available
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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 13,069 properties. Over the last 5 years, Houses in South Melbourne have seen a -5.62% decrease in median value, while Units have seen a 2.09% increase. As at 31 August 2026:

  • The median value for Houses in South Melbourne is $1,687,888 while the median value for Units is $636,972.
  • Houses have a median rent of $825 while Units have a median rent of $680.
There are currently 32 properties listed for sale, and 41 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 479 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.