715/38 Bank St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 3820m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
This house sized apartment (approx. 105m2) offers superb light filled living and an opportunity to enjoy the perfect Bayside lifestyle. Set within the highly sought Capri residential complex, this elevated and north facing apartment enjoys spectacularly bright living with gorgeous views over the tennis court which will never be built out. Large living and dining spaces are complemented by an exquisite gourmet kitchen and an oversized full length terrace.
Two luxurious bedrooms with BIRs (master with walk through robe and sparkling ensuite bathroom) second bedroom is complete with a central bathroom. The apartment is comprehensively appointed with a brand-new split system, new wool carpet, European style laundry, secure intercom entrance, storage cage, an abundance of internal storage and two excellent undercover car spaces that are not tandem but rather two standalone car spots. Positioned in an enviable location, moments from the Royal Botanic Gardens, St Kilda Road trams to the beach and city, South Melbourne market/ Clarendon Street precinct and MSAC.
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 12,873 properties. Over the last 5 years, Houses in South Melbourne have seen a 12.88% increase in median value, while Units have seen a 8.87% increase. As at 31 October 2025:
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