512/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

512/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 3820m2
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Property Details for 512/38 Bank St, South Melbourne

512/38 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2001
Floor Size
105m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
512/PS437418

Last Listing description (February 2021)

Ideally located in the sought-after Capri Building only moments to St Kilda Road, the Royal Botanic Gardens, South Melbourne Market, Albert Park Lake and Crown Entertainment Complex, this spacious and stylish apartment puts the best of Melbourne lifestyle within easy reach.
This exceptionally large and quiet apartment offers an expansive living/ dining room with sliding door access to a balcony overlooking Capris tennis court and swimming pool. The kitchen with pantry and stainless steel appliances has excellent storage and bench space.
Three bedrooms with built-in robes include the master bedroom with white tiled ensuite. Two more bedrooms share a central bathroom with European laundry.

With reverse cycle heating/ cooling, undercover parking for two cars, security intercom, lift and swipe access. Resort-style features include tennis court, swimming pool, gym and BBQ area.

Property History for 512/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$838,000
16 Feb 2021
Listed for Rent
$680/w
12 Apr 2012
  • 16 Feb 2021
    Sold for $838,000
  • 05 Feb 2021
    Listed for Sale Contact Agent
  • 12 Apr 2012
    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 12,920 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:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 33 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 470 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.