Back 708/28 Bank Street
Off Market

708/28 Bank Street

South Melbourne VIC 3205

2
1
1
80 m²
0 m²
Apartment
Last sold for $620,000
Jackson SantanaJackson Santana, last sold this property on 15 March 2026 after 13 days on market.

Overview

Renovated Entertainer in a Prized South Melbourne Setting

Smartly renovated with a strong focus on style, detail and quality, this superbly spacious 2 bedroom apartment will elevate the way you live. Set in a sought-after South Melbourne precinct, venture downstairs and simply stroll to the Royal Botanic Gardens, local cafes and eateries, Woolworths, choice of tram routes, Anzac trains, and all the vibrancy of the arts precinct. Wide-reaching open-plan living and dining pivots a stone-finished kitchen with an imposing waterfall-edged breakfast bar, soft-closing cabinetry, mirrored splashback, and the full suite of high-performing Bosch appliances including a dishwasher and a 5-burner gas cooktop. Even the most reluctant of home chefs will feel inspired! Set on the seventh floor of the popular Parkside complex, step outside and entertain alfresco on a sheltered balcony with sweeping neighbourhood views and a tantalising glimpse of the Royal Botanic Gardens. Generously sized, naturally lit, and individually air conditioned, both bedrooms are serviced by an updated bathroom with floor-to-ceiling tiles, a wall-to-wall mirror, stone-topped vanity, and rainfall/hand-held shower fittings. Additional features include secure parking, laundry capacity, split-system heating and cooling, rich bamboo flooring, double roller blinds, and recessed down-lighting. Parkside comes complete with intercom security, lift access, and resort-grade use of a 25m indoor heated pool, tennis court, well-equipped gym, and a BBQ terrace. An inspection will be rewarded! Outgoings: Council Rates: $337.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,781.00 per quarter approx. Potential Rental Income: $660 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
80 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 708/28 Bank Street is $615k.

Median value
$615k
Estimated value range
$425k - $1.31m
Median days on market
34
Estimated value trend
2%
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 708/28 Bank Street

2026
Sold
$620,000
15 Mar 2026 by Jackson Santana, of MICM
2016
Sold
$590,000
07 Jun 2016 by Peter Marangos, of MICM

Happy sellers in South Melbourne

62%
62% 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, 107 two-bedroom apartments similar to 708/28 Bank Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent