708/28 Bank Street, South Melbourne, VIC 3205 sold on 08 March 2026 | OnTheHouse
SOLD
Sold on 08 Mar 2026 for $620,000

708/28 Bank Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 3774m2
Sold By
Save

Property Details for 708/28 Bank St, South Melbourne

708/28 Bank St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Land Size
3774m2
Local Government
Port Phillip
Lot/Plan
708/PS429423

Last Listing description (August 2026)

*This property is for immediate private sale and the owner will consider all reasonable offers*

Option for property to come fully / partly furnished.

Surprisingly light with sun bouncing around, discover this 2-bedroom apartment set on the 7th floor of the prestigious Parkside building. Welcomed by an open plan living and dining space with bamboo floors throughout and floor to ceiling windows that lead onto terrace with BBQ. A sleek smartly renovated kitchen with quality Bosch appliances, including a 5-burner cooktop, soft-close drawers, a dishwasher, generous bench and plenty of space for storage.

Enjoy a large central tiled bathroom with a rain shower and room for washing machine facilities. Bright and generous sized bedrooms feature built-in robes in the master. With quality finishes throughout, including dual roller blinds and split-system heating and cooling in the living room as well as both bedrooms, this apartment exudes comfort and style.

Enjoy premium resort-style facilities year-round, including a 25m indoor heated pool, tennis court, well-equipped gym, and garden courtyard with a BBQ terrace ideal for entertaining. Additional features include secure intercom entrance, undercover off-street car space accessed via Well Street, and ample parking on Bank Street.

Perfectly positioned to access the best Melbourne has to offer, just moments away from Melbourne's vibrant Arts Precinct, the Royal Botanic Gardens, South Melbourne Market, and various public transport options, including St Kilda Road tram routes into the city and the nearly completed Anzac station. Within walking distance of South Melbourne's finest cafes, this apartment offers a lifestyle of convenience and luxury.

Property History for 708/28 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$620,000
08 Mar 2026
Listed for Rent
$555/w
07 Apr 2016
  • 08 Mar 2026
    Sold for $620,000
  • 02 Mar 2026
    Listed for Sale $620,000
  • 30 Apr 2024
    Listed for Sale $599,000
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 31 properties listed for sale, and 53 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 483 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.