709/38 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2020.
A stylish showpiece of luxury, comfort and quality, this light-filled 1 bedroom retreat perfectly fits the bill as a high-return investment, convenient town base or affordable market entry. Well located, walk to the Royal Botanic Gardens, South Melbourne Market and Albert Park Lake with easy access to St Kilda Road trams and the upcoming Anzac train station.
Neatly nestled on the seventh floor of the sought-after Capri building, discover spacious open-plan living and dining, underscored by a deluxe kitchen boasting a breakfast bar, dishwasher, and ample bench and storage space. Framed by full-height glass, enjoy a sheltered balcony with a wide-ranging panorama sweeping across the treetops of St Kilda Road parkland and touching on the imposing crown of the Shrine of Remembrance. The naturally lit, generously sized bedroom offers mirrored built-in robes, superbly serviced by a fully tiled bathroom with a shower over a bathtub and a concealed laundry including a dryer.
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:
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