1111/38 Bank Street, South Melbourne VIC 3205
3 beds
2 baths
2 cars
Spachus Insights
View South Melbourne market
Price position
Above suburb median
44.8% above the current suburb median listing price.
Buyer negotiation signal
Buyer negotiation
The suburb median sold price is $28,000 below the median listing price.
Selling pace
Slower than typical
25 days typical · Property listed 138 days (452% longer).
Property details
Family-Sized Entertainer in a Special South Melbourne Neighbourhood
Space, sunlight and a serene South Melbourne setting combine to perfection in this spectacular 3 bedroom, 2 bathroom, 2 car-park corner apartment over a vast 123sqm in total (approx.). Make your way downstairs from this 11th floor retreat and stroll to Albert Park Lake, the Royal Botanic Gardens, South Melbourne Market, trams in all directions, Anzac trains, Woolworths, the arts precinct, and a feast of local dining options in this prestigious pocket.
3Bedrooms
2Bathrooms
2Car spaces
ApartmentProperty type
South Melbourne market
Full suburb reportMedian listing$620,000
Median sold$592,000
Typical selling time25 days
Tracked sold properties96
Spachus Property Estimate
$901,000
Automated estimate based on available property and market data.
Not a formal valuation.
Asking vs estimate
-$3,000
0.3% below the Spachus estimate
Property Overview
1111/38 Bank Street, South Melbourne VIC 3205 is an apartment. It has 3 bedrooms, 2 bathrooms and 2 car spaces. It is currently listed at $898,000. It has been on the market for 138 days. In South Melbourne, the median listing price is $620,000 and the median sold price is $592,000. Its current asking price is $278,000 (44.8%) above the South Melbourne median listing price. Properties in South Melbourne typically sell in around 25 days based on Spachus tracked sales data. It has currently been on the market 113 days longer than the South Melbourne typical selling time.
Explore the South Melbourne Property Market
Property history
Previous sales
DEC 2017
SEP 2014
MAR 2000
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