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708/41 Bank Street, South Melbourne$400,000
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708/41 Bank Street

South Melbourne, VIC 3205, Australia
$400,000
1 bed 1 bath

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About this property

Welcome to Domain House, one of South Melbourne's premier residential addresses. This stylish 1-bedroom apartment offers low-maintenance luxury in a highly sought-after lifestyle location. Featuring a light-filled open-plan design with floor-to-ceiling windows, high-end finishes and a spacious balcony ideal for relaxing or entertaining. - 1 spacious bedroom - 1 sparkling bathroom - European laundry - Spacious balcony (approx. 8sqm) - Internal living area: approx. 50sqm - Owners Corporation fees: approx. $767 per quarter - Potential Rent: $575 - $625 per week - Resident facilities include a yoga studio, lounge, outdoor terrace, and communal kitchen and workspace Positioned moments from the Royal Botanic Gardens, Albert Park Lake, South Melbourne Market, and the popular Domain Road café precinct. Enjoy excellent connectivity with trams along St Kilda Road and the upcoming Anzac Station providing easy access to the CBD, Arts Precinct, and beyond. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
1 month ago

Repayment calculator

$1,939/month
$970 /fortnight
Loan $320,000 at 6.10% over 30 years

Upfront costs

Deposit$80,000
Stamp duty$19,070
Conveyancing (est.)$2,000
Total upfront$101,070
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 1-bedroom apartment in South Melbourne, VIC 3205 sits within reach of public transport, local shops and nearby schools. It is listed 38% below the $642,500 median of 59 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 25: Cecil Street (tram)940 m away
  • South Melbourne Market Grocer1.0 km away
  • Edythe McCallum Reserve737 m away
  • Town Hall Reserve798 m away
  • Foundry Site Park854 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 1 bed

Compound growth -2.2% / yr over 4 yrs

$435kcurrent median

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Price history

Price history

Listing price changes & sale

2 price changes recorded for this property

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