Back 311/38 Bank Street
Off Market

311/38 Bank Street

South Melbourne VIC 3205

3
2
2
115 m²
0 m²
Apartment
Last sold for $890,000
Faith ChangFaith Chang, last sold this property on 27 January 2026 after 76 days on market.

Overview

Stylish, Spacious and Sunlit Entertainer with Capri Class

A stunning combination of natural light, a free-flowing layout and a peaceful corner position, this spacious 3 bedroom, 2 bathroom, 2 car-park apartment is enriched by a world of convenience on your doorstep. Head downstairs and stroll to the Royal Botanic Gardens, Anzac trains, choice of tram routes, Woolworths, the arts precinct, South Melbourne Market, and a sought-after selection of neighbouring cafes and restaurants. Set on the third floor of the coveted Capri building, discover roomy and air-conditioned open-plan living and dining underscored by a granite-finished kitchen with stainless-steel appliances. Floor-to-ceiling glass slides open to a sheltered primary balcony boasting a treetop aspect sweeping over the neighbourhood towards the majestic Shrine of Remembrance in the distance. The sizeable bedrooms are extensively robed, newly carpeted and filled with light, while the palatial main is graced with walk-in robes, a private ensuite, and an east-facing balcony capturing the gentle warmth of eastern light. The principal bathroom showcases full-height tiles, a shower over a bathtub, and a European laundry with a wall-mounted dryer. Freshly painted throughout, comprehensive features include secure tandem parking for 2 cars, split-system heating and cooling, slimline Venetian blinds, sleek new floorboards, and recessed down-lighting. Capri comes complete with intercom security, lift access, and resort-style use of a swimming pool, tennis court, fully equipped gym and a BBQ terrace. An inspection will be rewarded! * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
115 m² floor area
0 m² lot size
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 311/38 Bank Street is $1.04m.

Median value
$1.04m
Estimated value range
$765k - $2.36m
Median days on market
50
Estimated value trend
6%
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 311/38 Bank Street

2026
Sold
$890,000
27 Jan 2026 by Faith Chang, of MICM

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 3 bedroom apartments in South Melbourne

In the last 12 months, 17 three-bedroom apartments similar to 311/38 Bank Street, have been sold.

This represents a 20% increase in three-bedroom apartments sales when compared to the previous 12 months.

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