Back 1111/38 Bank Street
Off Market

1111/38 Bank Street

South Melbourne VIC 3205

3
2
2
Apartment
Last sold for $810,000
Peter ZervasPeter Zervas, last sold this property on 17 December 2017 after 27 days on market.

Overview

‘CAPRI’ – Synonymous With Style - 125sqm Approx.

This instantly inviting 11th floor - three bedroom, two bathroom exceptionally large apartment, flows to a full width balcony with sights of the Shrine, South Melbourne streetscape and beyond to Port Philip bay, providing a beautiful visual accompaniment to a timber floored open plan living/dining areas that deliver complete comfort. An open plan kitchen featuring granite bench tops and glass splash-back serves in style. Confirming the quality of design with two double bedrooms with built in robes and pristine main bathroom, also a king size master bedroom with floor-to-ceiling glass, walk-in robe and an en-suite. Only five minutes walk from Melbourne's famous 'The Tan' running track and conveniently close to city bound trams. CAPRI is an enviable address offering elite facilities including a tennis court, gym and a freshly refurbished pool. Secure garaging for two cars on title completes a compelling city edge scenario.

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 1111/38 Bank Street is $910k.

Median value
$910k
Estimated value range
$730k - $1.3m
Median days on market
69
Estimated value trend
-16%
decrease 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 1111/38 Bank Street

2017
Sold
$810,000
Auction Sale on 17 Dec 2017 by Peter Zervas, of Jellis Craig Port Phillip
2014
Sold
Undisclosed
Private Sale/Treaty on 08 Sep 2014 by Chris Zhang, of iSell Group

Happy sellers in South Melbourne

63%
63% 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 20 reviews in South Melbourne over the last 12 months.

Local market activity for 3 bedroom apartments in South Melbourne

In the last 12 months, 26 three-bedroom apartments similar to 1111/38 Bank Street, have been sold.

This represents a 26% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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