708/28 Bank StreetSouth Melbourne VIC 3205
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.
Last Listing description (April 2026)
Smartly renovated with a strong focus on style, detail and quality, this superbly spacious 2 bedroom apartment will elevate the way you live. Set in a sought-after South Melbourne precinct, venture downstairs and simply stroll to the Royal Botanic Gardens, local cafes and eateries, Woolworths, choice of tram routes, Anzac trains, and all the vibrancy of the arts precinct.
Wide-reaching open-plan living and dining pivots a stone-finished kitchen with an imposing waterfall-edged breakfast bar, soft-closing cabinetry, mirrored splashback, and the full suite of high-performing Bosch appliances including a dishwasher and a 5-burner gas cooktop. Even the most reluctant of home chefs will feel inspired! Set on the seventh floor of the popular Parkside complex, step outside and entertain alfresco on a sheltered balcony with sweeping neighbourhood views and a tantalising glimpse of the Royal Botanic Gardens. Generously sized, naturally lit, and individually air conditioned, both bedrooms are serviced by an updated bathroom with floor-to-ceiling tiles, a wall-to-wall mirror, stone-topped vanity, and rainfall/hand-held shower fittings.
Additional features include secure parking, laundry capacity, split-system heating and cooling, rich bamboo flooring, double roller blinds, and recessed down-lighting. Parkside comes complete with intercom security, lift access, and resort-grade use of a 25m indoor heated pool, tennis court, well-equipped gym, and a BBQ terrace. An inspection will be rewarded!
Outgoings:
Council Rates: $337.00 per quarter approx.
Water Rates: $176.00 per quarter approx.
Owners Corporation Fees: $1,781.00 per quarter approx.
Potential Rental Income: $660 per week 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 708/28 Bank St, South Melbourne, VIC 3205
- 08 Mar 2026Sold for $620,000
- 02 Mar 2026Listed for Sale $620,000
- 30 Apr 2024Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 12,920 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:
- The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
- Houses have a median rent of $825 while Units have a median rent of $675.
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