709/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

709/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 3820m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 709/38 Bank St, South Melbourne

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.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
709/PS437418

Last Listing description (July 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.


Take full advantage of undercover parking, secure video intercom entry plus lift access, split-system heating and cooling, and exclusive access to resort-style facilities including a swimming pool, tennis court, fully equipped gym and a BBQ terrace. Plan your escape to Capri today!

* 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 709/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$432,000
12 Jun 2020
Listed for Rent
$420/w
20 Dec 2018
  • 12 Jun 2020
    Sold for $432,000
  • 14 May 2020
    Listed for Sale $432,000
  • 30 Oct 2018
    Listed for Rent - Price not available
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 12,920 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.
There are currently 33 properties listed for sale, and 36 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 465 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.