812/28 Bank StreetSouth Melbourne VIC 3205
Property Details for 812/28 Bank St, South Melbourne
812/28 Bank St, South Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3774m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in South Melbourne in the last 12 months.
Last Listing description (March 2026)
A value-packed showcase of north-facing space, this impressive 1 bedroom apartment captures the very essence of inner-city living in a serene South Melbourne precinct. This is a lifestyle location like no other. Head downstairs and explore the lively arts precinct, Royal Botanic Gardens greenery, Albert Park Lake, Woolworths, fresh South Melbourne Market produce, local eateries, multiple tram routes, and Anzac Railway Station. A gleaming kitchen is graced with a breakfast bar and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Set on the 8th floor of the popular Parkside complex, wide-reaching open-plan living and dining makes a seamless transition to a sheltered balcony capturing the warmth of northern sun and a commanding Southbank skyline aspect. The generously sized bedroom is framed by floor-to-ceiling glass and serviced by mirrored built-in robes and a fully tiled bathroom with a shower over a bath.Comprehensive features include secure car parking, a European laundry, split-system heating and cooling, additional panel heating, new paint and carpet, and roller blinds. Parkside comes complete with intercom entry, lift access, and resort-style use of a heated indoor pool, tennis court, a fully equipped gym, and a BBQ terrace. Offering true value for market entrants and the promise of high returns for investors, place this sunlit sensation on the top of your list!Outgoings:Council Rates: $274.00 per quarter approx.Water Rates: $176.00 per quarter approx.Owners Corporation Fees: $1,105.00 per quarter approx.Potential Rental Income: $550 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 812/28 Bank St, South Melbourne, VIC 3205
- 24 Jan 2026Sold for $481,000
- 22 Jan 2026Listed for Sale $481,000
- 30 Jan 2025Listed for Rent $550 / week
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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.
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