106/28 Bank St

Off Market

106/28 Bank St

South Melbourne VIC 3205

86 m²

0 m²

Apartment

Last sold for $580,000

Jason Li, last sold this property on 22 January 2026 after 176 days on market.

Overview

Stylish, Spacious and Serene in a South Melbourne Setting

Showcasing a free-flowing floorplan with size to surprise, this impressive 2 bedroom apartment stands out in a special South Melbourne neighbourhood celebrated for convenience, serenity and unrivalled amenity. Simply stroll to South Melbourne Market, Royal Botanic Gardens greenery, Albert Park Lake, dining choice, multiple tram routes, Anzac trains, Woolworths shopping, and all the vibrancy of the arts precinct. Enjoy the air-conditioned comfort of far-reaching open-plan living and dining, complemented by a chef-ready kitchen boasting a breakfast bar and stainless-steel appliances including a 4-burner gas cooktop. Privately perched on the first floor of the tightly held Parkside complex, step outside to a large balcony and instantly relax with a leafy treetop aspect on display. This idyllic backdrop is the ideal setting for relaxing or entertaining family and friends. Both sizeable bedrooms are drenched in natural light, serviced by mirrored built-in robes and a fully tiled bathroom featuring a shower over a bathtub. Take advantage of secure car parking, a European laundry with a wall-mounted dryer, split-system heating and cooling, roller blinds, intercom entry and resort-inspired use of an indoor lap pool, a well-equipped gym, tennis court and a BBQ terrace. This serene sanctuary is the perfect fit for city professionals, first home owners, and astute investors. Inspect today! Outgoings: Council Rates: $350.00 per quarter approx. Water Rates: $170.00 per quarter approx. Owners Corporation Fees: $1,600.00 per quarter approx. Potential Rental Income: $700 per week approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

2 bedrooms

1 bathroom

1 carspace

1 garage space

86 m² floor area

0 m² lot size

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 106/28 Bank St is $630k.

Median value

$630k

Estimated value range

$425k - $1.48m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 106/28 Bank St

2026

Sold

$580,000

22 Jan 2026 by Jason Li, of MICM

Happy sellers in South Melbourne

52%

52% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in South Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in South Melbourne

In the last 12 months, 110 two-bedroom apartments similar to 106/28 Bank St, have been sold.

This represents a 6% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

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Nearby agents

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Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 20 local sales and collected 10 local reviews across the last 12 months.