608/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

608/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 3820m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 608/38 Bank St, South Melbourne

608/38 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 51m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2001
Floor Size
51m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
608/PS437418

Last Listing description (March 2025)

* Photo has been virtual staged.

Elevated to perfection on the sixth floor of the boutique Capri complex, this sunlit 1 bedroom apartment showcases all the stylish hallmarks of sought-after South Melbourne living and investing. Head downstairs and explore a tranquil neighbourhood within walking distance of lively cafes, popular restaurants, Royal Botanic Gardens greenery, Albert Park Lake, St Kilda Road trams, South Melbourne Market and all the vitality of the arts precinct.

The home opens up in impressive fashion with wide-reaching living and dining underscored by a chef-ready kitchen featuring a breakfast counter and stainless-steel appliances plus a dishwasher. Spill outside and instantly relax under the shelter and shade of a full-width balcony showcasing sweeping neighbourhood views. Enjoying a similar outlook, the sun-drenched and sizeable bedroom is serviced by mirrored built-in robes and a central bathroom with floor-to-ceiling tiles and a sparkling shower over a bathtub.

Additional features include undercover parking, a concealed laundry with a dryer, panel heating, welcoming hallway entrance, roller blinds, intercom entry and exclusive resort-style access to a swimming pool, tennis court, a fully equipped gym and a BBQ terrace. Act quickly as this light-filled gem will prove popular.

Outgoings:
Council Rates: $224.75 per quarter approx.
Water Rates: $175.00 per quarter approx.
Owners Corporation Fees: $836.25 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 608/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$420,000
21 Feb 2024
Listed for Rent
$560/w
05 Apr 2024
  • 26 Mar 2024
    Listed for Rent $560 / week
  • 21 Feb 2024
    Sold for $420,000
  • 07 Feb 2024
    Listed for Sale $420,000
Sign in to see more transactions
Commute Calculator

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 12,940 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.
There are currently 30 properties listed for sale, and 51 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 485 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

Market Insights
South Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
South Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.