85 Bank St, South Melbourne is a 2 bedroom, 1 bathroom House. The property has a land size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
- DECEASED ESTATE
This two storey terrace Is well located within walking distance of Albert Park and the South Melbourne Market and will appeal to the first home buyer or investor. In need of some T.L.C, the property provides a blank canvas for the home renovator.
Enter the property via a secure, locked entry to a small courtyard. The front door opens to a living room which adjoins the kitchen/meals area and opens via a sliding door to a sun-filled private backyard. The two bedrooms, which are upstairs, are of generous proportions and the master bedroom features a North facing balcony. It's all about location!
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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 12,921 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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