611/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

611/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 3820m2
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Property Details for 611/38 Bank St, South Melbourne

611/38 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 106m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2001
Floor Size
106m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
611/PS437418

Last Listing description (February 2022)

OBVIOUS
The style, security and sophistication of CAPRI is perfectly captured by this outstanding sixth floor apartment, a residence complemented by the impressive buildings pool, tennis court, gym, BBQ area and live in manager. A living/dining domain of inviting dimensions features a granite open-plan kitchen, reverse cycle heating/cooling and an appealing balcony that overlooks the city edge streetscape. A main bedroom with its own balcony, accompanied by walk-in robes and a fully tiled ensuite conveys a level of comfort and quality that is matched by two further bedrooms, each with built-in robes while a central main bathroom, also fully tiled, completes the picture. Garaging for two cars.

SEALS THE DEAL

Positioned for the ultimate in lifestyle living close to the Royal Botanical Gardens, Clarendon Street shops, South Melbourne Market, Albert Park and trams to the CBD, Southbank and Crown Entertainment Complex.

Property History for 611/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$845,000
31 Jan 2022
Listed for Rent
$800/w
16 Aug 2019
  • 31 Jan 2022
    Sold for $845,000
  • 26 Nov 2021
    Listed for Sale THE DEAL: Under Contract
  • 04 Jul 2019
    Listed for Rent $800 / week
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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 12,940 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

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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.