Back 701/18 Bank Place
Off Market

701/18 Bank Place

Melbourne VIC 3000

1
1
Apartment
Martin RussellMartin Russell, last sold this property on 23 January 2026 after 3 days on market.

Overview

Sundrenched with northern light

Situated on the 7th floor in the "Whitehall Chambers" building, circa 1906, is this delightful one bedroom apartment located in the historic Bank Place precinct. Featuring a sunny and bright living/dining area with fully equipped kitchen. The generous bedroom has a built in robe and a sparkling en-suite. Also featured is: - Reverse cycle air-conditioning - Electric cooking facilities - Dishwasher - Washer/Dryer combined - Refrigerator - Secure building entry Positioned amongst the restaurants, bars, cafes and the famous Mitre Tavern this apartment is the perfect neat first home or a one of a kind affordable investment leasing for between $460-$490 per week. Inspection by appointment. Disclaimer: Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. This information has been provided by third parties. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. We urge all interested parties to conduct their own due diligence and seek independent professional legal advice to ensure this information is accurate.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 701/18 Bank Place is $346.18k.

Median value
$346.18k
Estimated value range
$39k - $935k
Median days on market
36
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in 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 701/18 Bank Place

2026
Sold
Undisclosed
Private Sale/Treaty on 23 Jan 2026 by Martin Russell, of Kingsford Property
2021
Rented
Undisclosed
Leased on 21 Oct 2021 by Kingsford Property

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 588 one-bedroom apartments similar to 701/18 Bank Place, have been sold.

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

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