707/41 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

707/41 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 58m2
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Property Details for 707/41 Bank St, South Melbourne

707/41 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2022. The property has a land size of 58m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2022
Floor Size
50m2
Land Size
58m2
Local Government
Port Phillip
Lot/Plan
707/PS827451

Last Listing description (March 2026)

We have 707 and 807 in this building.
At an address that boasts the Royal Botanic Gardens at its door, Domain House sits within the heart of Melbournes renowned arts and cultural precinct on the banks of the Yarra River and beside the city center.

The interiors are about bringing luxury and comfort to modern living. Expanses of floor-to-ceiling glass wrap each residence in penthouse style, allowing natural light to pour in while opening to the panorama of Melbourne.

Residents will enjoy a series of high-end shared spaces for upscale entertaining and wellbeing. At the lower levels, the lobby, lounge, internal Japanese-inspired garden, yoga room and wellness studio are synonymous with features of a luxury hotel. The podium rooftop includes a lounge with open fireplace, private dining room and outdoor terrace with sun-soaked decks and landscaping perfect for entertaining.

On the doorstep of the Botanic Gardens & the city
Amazing views of Southbank, CBD, Port Phillip Bay & Albert Park Lake
260m from the future 'Anzac' Train Station
Minutes from Melbourne's most prestigious & elite private schools
Japanese inspired garden & lobby
Residents' lounge with fireplace
Private dining room & sky terrace
Tranquil yoga & wellness room
Boasting connectivity to St Kilda Rd & Kings Way
6.5 Star Energy Rating

Property History for 707/41 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$525,000
30 Aug 2023
  • 30 Dec 2025
    Listed for Rent $680 / week
  • 30 Aug 2023
    Sold for $525,000
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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 12,853 properties. Over the last 5 years, Houses in South Melbourne have seen a 7.13% increase in median value, while Units have seen a 3.65% increase. As at 30 April 2026:

  • The median value for Houses in South Melbourne is $1,728,942 while the median value for Units is $640,842.
  • Houses have a median rent of $840 while Units have a median rent of $670.
There are currently 32 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 473 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.