711/38 Bank Street, South Melbourne, VIC 3205 | Property Value & History | OnTheHouse
OFF MARKET

711/38 Bank Street
South Melbourne VIC 3205

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
Land area: 3820m2
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Property Details for 711/38 Bank St, South Melbourne

711/38 Bank St, South Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 3820m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2001
Floor Size
110m2
Land Size
3820m2
Local Government
Port Phillip
Lot/Plan
711/PS437418

Last Listing description (February 2023)

* Photos are virtually staged.

An inviting mix of wide-reaching space and a coveted corner position, this impressive 3 bedroom, 2 bathroom, 2 car-park apartment is the ideal introduction to a tranquil neighbourhood with the best of Melbourne ready to explore from your doorstep. Simply stroll to Royal Botanic Gardens greenery, South Melbourne Market, local restaurants, shopping choice and the Arts Precinct. Best of all, nearby St Kilda Road trams take you to the city in one direction and the beach in the other.


Set on the seventh floor of the sought-after Capri residential building, spacious and air-conditioned open-plan living and dining pivots a granite-finished kitchen with stainless-steel appliances including an updated Miele dishwasher. A supersized full-width balcony boasts spectacular neighbourhood views before sweeping over the majestic Shrine of Remembrance. The tempting trio of robed bedrooms are generously sized and filled with light, while the palatial main is graced with walk-in robes, your own private balcony and a fully tiled ensuite. Centrally located, the principal bathroom showcases floor-to-ceiling tiles and a shower over a sumptuous bath.

Take advantage of secure parking for 2 cars, a large concealed laundry with a sink, split-system heating and cooling, roller blinds, floating timber floorboards, recessed down-lighting, video intercom entry and exclusive access to resort-inspired facilities including a swimming pool, tennis court, fully equipped gym and a BBQ terrace. Families, professionals, downsizers and investors will all appreciate the lock-and-leave security of this sunlit sanctuary!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 711/38 Bank St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$800,000
19 Jan 2023
Listed for Rent
$675/w
09 Jan 2021
  • 19 Jan 2023
    Sold for $800,000
  • 21 Nov 2022
    Listed for Sale $755,000 - $815,000
  • 16 Nov 2020
    Listed for Rent $675 / week
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of 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 12,877 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:

  • The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
  • Houses have a median rent of $725 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 40 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 494 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.