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VIC › South Melbourne › Bank St

U1606, 41 Bank St, South Melbourne VIC 3205

For saleApartment

For sale

For sale

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 11 Feb 2026)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

No recorded sale price for this property yet.

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable11 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $626/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

South Melbourne in one glance

South Melbourne at a glance

14,519

People

No data

Median sale

$626/wk

Median rent

No data

Suburb gross yield

See the full South Melbourne report →

Keep researching

  • Why South Melbourne? Read the area thesis →
  • What else is on the market in South Melbourne →
  • Other records on Bank St →

Listing material

Listed by Pioneer Realty Australia

Refined living in prestigious South Melbourne, where elegance truly feels like home

Step into luxury with this exquisite 2-bedroom, 2-bathroom apartment located at 1606 / 41 Bank Street, South Melbourne. Boasting a modern design and high-end finishes, this property offers the perfect blend of style and comfort for discerning buyers.

The apartment features a spacious master bedroom with a private ensuite, a second bedroom ideal for guests or as a home office, and a sleek main bathroom. The open-plan living and dining area is perfect for entertaining, while the gourmet kitchen is a chef's delight with premium appliances and ample storage space.

With a secure garage space for one car, this apartment provides convenience and peace of mind for residents. Enjoy the vibrant lifestyle of South Melbourne with trendy cafes, boutique shops, and beautiful parks just moments away. Don't miss this opportunity to own a piece of luxury in one of Melbourne's most sought-after suburbs.

Read the full description

Resident Amenities

Domain House includes a variety of communal and lifestyle facilities such as:

• Concierge and building management services.

• Tranquil Japanese-inspired garden.

• Resident lounge and dining rooms with panoramic views.

• Wellness/Yoga room and wellness studio.

• Outdoor terrace and lounge.

• Secure basement car parking.

Location & Surroundings

Domain House sits in the prestigious Domain Precinct, a prime inner-city area of Melbourne known for its culture, green spaces and connectivity.

Nearby Lifestyle & Recreation

• Royal Botanic Gardens — extensive landscaped parklands on your doorstep.

• Kings Domain, Government House Reserve, Shrine of Remembrance — within walking distance.

• Albert Park & Albert Park Lake — leisure, sports, and picnic areas.

• South Melbourne Market & Clarendon Street retail and café precincts.

• Arts Precinct & CBD — galleries, theatres and cultural venues nearby.

• Prahran Market and other local markets — fresh food & specialty shops.

Public Transport

• Excellent access to trams on St Kilda Road / Kings Way.

• Walking distance to the future Anzac Station (Metro Tunnel project), improving rail connections across Melbourne.

Contact us today to arrange a private viewing and experience the elegance of apartment living at 1606 / 41 Bank Street, South Melbourne.

Listing description written by Ryan Fong, Pioneer Realty Australia — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 2

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.