Back 1208/38 Bank St
Off Market

1208/38 Bank St

South Melbourne VIC 3205

1
1
1
Apartment
Last sold for $421,000
Max MercuriMax Mercuri, last sold this property on 09 August 2019 after 24 days on market.

Overview

Coveted Complex In A Coveted Location

Awash with natural light and offering a pristine and spacious living experience in the coveted Capri complex, this one bedroom Bank Street apartment is an excellent opportunity for a first home buyer or investor wanting to live in one of Melbourne's best lifestyle suburbs. Located not far from the Royal Botanic Gardens, South Melbourne Market, Albert Park Lake, and St Kilda Rd trams. this south-facing abode enjoys bright and open lounge and dining, sleek kitchen featuring a breakfast counter and stainless steel appliances, balcony with great views including Port Phillip Bay, bedroom with mirrored built-in robe, and a well-kept bathroom with a European laundry. Features: Secure car space, storage cage, reverse cycle heating and cooling, intercom entry, communal Capri facilities including indoor pool, gym, and tennis court

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in South Melbourne over the last 12 months, the estimated median property value of 1208/38 Bank St is $436k.

Median value
$436k
Estimated value range
$290k - $630k
Median days on market
25
Estimated value trend
8%
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 1208/38 Bank St

2020
Rented
Undisclosed
Leased on 24 Dec 2020 by Jellis Craig South Yarra
2020
Rented
Undisclosed
Leased on 28 Jan 2020 by Jellis Craig South Yarra
2019
Sold
$421,000
09 Aug 2019 by Max Mercuri, of Jellis Craig Port Phillip

Happy sellers in South Melbourne

59%
59% 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 18 reviews in South Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in South Melbourne

In the last 12 months, 72 one-bedroom apartments similar to 1208/38 Bank St, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

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