SOLD
RECENT ADVICE
Sold on 15 Nov 2024 for $885,000

303/240-242 Dorcas Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 69m2
Sold By
Evoke Property Management
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Property Details for 303/240-242 Dorcas St, South Melbourne

303/240-242 Dorcas St, South Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
69m2
Local Government
Port Phillip
Lot/Plan
303/PS738339

Last Listing description (December 2024)

Located in the vibrant heart of South Melbourne, The Record, this boutique building offers an exclusive living experience with the chance to join a lively community.

This stylish, industrial-inspired two-bedroom, two-bathroom apartment on the third floor boasts stunning city views. The secured entry from Dorcas Street opens to a spacious foyer, beautifully accented with vibrant artwork, a plush velvet couch, and a lush vertical garden.

Inside, the open-plan kitchen is a delight for entertainers, complete with stainless steel Miele appliances, stone benchtops, a dishwasher, and an integrated fridge/freezer. The expansive, covered terrace with floor-to-ceiling sliding doors provides exceptional city views, ideal for alfresco dining.

The master bedroom offers terrace access, ample built-in robes, and a private ensuite, while the generous second bedroom also includes built-in robes. Additional features include a central bathroom, European laundry, light oak timber flooring, a designated parking space (Klaus stacker), and a storage cage.

Just moments from the bustling Clarendon Street, South Melbourne Market, Albert Park Village, and Albert Park Lake, with the Botanical Gardens and Crown precinct only a tram ride away, this location is truly unmatched.

Property History for 303/240-242 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$885,000
15 Nov 2024
  • 15 Nov 2024
    Sold for $885,000
  • 08 Nov 2024
    Listed for Sale $875,000 - $925,000
  • 02 May 2022
    Sold for $828,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.

South Melbourne has 11,254 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.22% increase in median value, while Units have seen a -1.85% decrease. As at 30 November 2024:

  • The median value for Houses in South Melbourne is $1,703,817 while the median value for Units is $603,220.
  • Houses have a median rent of $700 while Units have a median rent of $630.
There are currently 50 properties listed for sale, and 37 properties listed for rent in South melbourne on OnTheHouse. According to CoreLogic's data, 432 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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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.