Back 812/28 Bank Street
Off Market

812/28 Bank Street

South Melbourne VIC 3205

1
1
1
58 m²
0 m²
Apartment
Last sold for $481,000
Jackson SantanaJackson Santana, last sold this property on 28 January 2026 after 6 days on market.

Overview

Exclusive North-Facing Entertainer in Prime Position

A value-packed showcase of north-facing space, this impressive 1 bedroom apartment captures the very essence of inner-city living in a serene South Melbourne precinct. This is a lifestyle location like no other. Head downstairs and explore the lively arts precinct, Royal Botanic Gardens greenery, Albert Park Lake, Woolworths, fresh South Melbourne Market produce, local eateries, multiple tram routes, and Anzac Railway Station. A gleaming kitchen is graced with a breakfast bar and stainless-steel appliances including a dishwasher and a 4-burner gas cooktop. Set on the 8th floor of the popular Parkside complex, wide-reaching open-plan living and dining makes a seamless transition to a sheltered balcony capturing the warmth of northern sun and a commanding Southbank skyline aspect. The generously sized bedroom is framed by floor-to-ceiling glass and serviced by mirrored built-in robes and a fully tiled bathroom with a shower over a bath. Comprehensive features include secure car parking, a European laundry, split-system heating and cooling, additional panel heating, new paint and carpet, and roller blinds. Parkside comes complete with intercom entry, lift access, and resort-style use of a heated indoor pool, tennis court, a fully equipped gym, and a BBQ terrace. Offering true value for market entrants and the promise of high returns for investors, place this sunlit sensation on the top of your list! Outgoings: Council Rates: $274.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,105.00 per quarter approx. Potential Rental Income: $550 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

1 bedroom
1 bathroom
1 carspace
1 garage space
58 m² floor area
0 m² lot size
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 812/28 Bank Street 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 812/28 Bank Street

2026
Sold
$481,000
28 Jan 2026 by Jackson Santana, 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 1 bedroom apartments in South Melbourne

In the last 12 months, 71 one-bedroom apartments similar to 812/28 Bank Street, have been sold.

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

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