703/28 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

703/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 3774m2
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Property Details for 703/28 Bank St, South Melbourne

703/28 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 3774m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2001
Floor Size
74m2
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
703/PS429423

Last Listing description (May 2020)

Neatly nestled in a serene South Melbourne pocket, this light-filled 2 bedroom, 2 bathroom apartment sets the bar high with the added bonus of a breathtaking city panorama from a sought-after corner position. Securely set on the 7th floor of the popular Parkside complex, explore your local neighbourhood on foot with South Melbourne Market, city-bound trams, Royal Botanic Gardens and all the vitality of the Arts Precinct nearby.

Drenched in northern light, roomy and radiant open-plan living and dining pivots a deluxe kitchen with stainless-steel appliances including a dishwasher, enhanced by functional bench and storage space. A delightful balcony showcases sweeping city views to the north with the majestic Arts Centre spire providing a thrilling centrepiece. Generously sized and naturally lit, the main bedroom is superbly serviced by mirrored built-in robes and a private, fully tiled ensuite, while the second bedroom is also well-appointed. A central bathroom features floor-to-ceiling tiles and a shower over a full-sized bathtub.


Complete this very special package with secure basement parking, concealed laundry including a dryer, recently renewed split-system heating/cooling, intercom entry, and premium resort-inspired facilities including an indoor pool, tennis court, fully equipped gym and a BBQ terrace. Inspect with confidence!

* Photo identification will be required upon entering the property at the inspection time.

* In this time of uncertainty, we are open for business and here to help. Please contact our agent for your personal tour of this home today.

Property History for 703/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$633,000
07 Mar 2020
Listed for Rent
$540/w
24 Jan 2015
  • 01 May 2020
    Listed for Sale $633,000
  • 07 Mar 2020
    Sold for $633,000
  • 12 Jan 2015
    Listed for Rent $540 / 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 12,938 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 28 properties listed for sale, and 55 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 480 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.