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210/38 Bank Street, South Melbourne$722,500
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210/38 Bank Street

South Melbourne, VIC 3205, Australia
$695,000 – $750,000
2 bed 1 bath 1 car

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About this property

Positioned in the heart of sought-after South Melbourne, this beautifully appointed two-bedroom apartment delivers the perfect balance of lifestyle, comfort, and convenience. Located within a secure and well-maintained complex, 210/38 Bank Street offers modern inner-city living with impressive resident facilities and easy access to cafes, restaurants, public transport, and the CBD. Filled with natural light, the spacious open-plan layout features sleek floorboards, a separate dining area, and a contemporary kitchen complete with dishwasher and ample storage. Both bedrooms include built-in robes, while split-system heating and cooling ensure year-round comfort. A versatile study adds further appeal and offers exciting potential to be converted into an ensuite or additional utility space (STCA), making this home ideal for buyers seeking flexibility and future value. A private balcony/courtyard provides the perfect setting to relax or entertain while enjoying city outlooks. Residents will enjoy access to premium resort-style amenities including a gym, swimming pool, and tennis court, all within a secure, pet-friendly complex with intercom entry and secure car parking. Property Features • Two spacious bedrooms with built-in robes • Separate study with potential to convert into an ensuite (STCA) • Light-filled living area with timber flooring • Separate dining space ideal for entertaining • Modern kitchen with dishwasher & ample storage • Split-system heating and cooling • Well-appointed bathroom with separate toilet • Internal laundry for added convenience • Private balcony/courtyard with city views • Secure car space & intercom access • Pet-friendly complex • Access to gym, pool, tennis court & BBQ Facilities • High-speed broadband connectivity • Prime South Melbourne location close to cafes, shops & transport An exceptional opportunity for owner-occupiers or investors seeking a vibrant lifestyle location with every convenience at your doorstep.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
2 months ago

Repayment calculator

$3,503/month
$1,751 /fortnight
Loan $578,000 at 6.10% over 30 years

Upfront costs

Deposit$144,500
Stamp duty$38,420
Conveyancing (est.)$2,000
Total upfront$184,920
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Melbourne

This 2-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 16% above the $622,500 median of 57 comparable apartmentswithin 5 km.

Schools near South Melbourne

  • Galilee Regional Catholic Primary Schoolprimary · Prep-6 · CoEd
  • Hester Hornbrook Academy - South Melbournesecondary
  • Youth2Industry Collegesecondary · 11-12 · CoEd

What's nearby

  • Stop 119: Wells Street (tram)169 m away
  • BMW Melbourne108 m away
  • Kings Business Park209 m away
  • Unnamed261 m away
  • Eastern North Reserve318 m away

South Melbourne at a glance

Full suburb profile
Population
11,548
Median age
39
Household income
$2,101/wk
Median rent
$421/wk
Median mortgage
$2,200/mo

Source: ABS Census.

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Suburb market

Suburb price trend

South Melbourne price trend

Median sold · Unit 2 bed

Compound growth -0.9% / yr over 4 yrs

$658kcurrent median

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Price history

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1 price change recorded for this property

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