OFF MARKET

1516/22 Dorcas Street
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1826m2
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Property Details for 1516/22 Dorcas St, Southbank

1516/22 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1826m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2010
Floor Size
50m2
Land Size
1826m2
Local Government
Melbourne
Lot/Plan
1516/PS612311

Last Listing description (August 2024)

Welcome to your new fully furnished one-bedroom apartment in South Melbourne's hottest development, Elm! This stunning apartment offers a spacious and stylish living experience. The large, open-plan living area is air-conditioned and heated, featuring a super funky kitchen with stainless steel appliances and a dishwasher. The space seamlessly opens up to a big private balcony, perfect for entertaining.

The apartment includes a comfortable bedroom with built-in robes, a central sparkling bathroom, and a convenient European laundry. You'll also have the benefit of one car space and a storage cage!

Residents can enjoy fantastic communal facilities, including BBQ areas, a gym, and a heated spa. This prime location is just minutes from public transport, a short walk to the CBD, local parks, shops, cafes, and the vibrant South Melbourne Market. Be the first to inspect and make this fantastic apartment your new home!

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Property History for 1516/22 Dorcas St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$398,500
13 May 2023
Listed for Rent
$625/w
07 Aug 2024
  • 26 Jul 2024
    Listed for Rent $625 / week
  • 13 May 2023
    Sold for $398,500
  • 08 May 2023
    Listed for Sale $350,000 - $380,000
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,049 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 5.53% increase. As at 31 July 2024:

  • The median value for Houses in Southbank is $1,073,382 while the median value for Units is $598,145.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 174 properties listed for sale, and 216 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1256 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.