SOLD
Sold on 24 Apr 2024 for $515,000

1102/70 Dorcas Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Sold By
VICPROP Hawthorn
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Property Details for 1102/70 Dorcas St, Southbank

1102/70 Dorcas St, Southbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
58m2
Local Government
Melbourne
Lot/Plan
1102/PS735135

Last Listing description (May 2024)

Celebrated for a location which places the Royal Botanic Gardens, the Shrine of Remembrance, and the newly constructed ANZAC station within walking distance; this crisp, clean, and thoroughly contemporary property offers a superior lifestyle experience both inside and out.

An open-concept configuration allows for flexibility in arrangement, while the natural progression to a north-facing terrace ensures maximum light throughout the day.

The kitchen presents an intelligent design which does justice to the homemaker?s desire for a home-cooked meal, its elegant finish in keeping with the property?s overarching design.

Features include two bedrooms with built-in robes, a European laundry, and a sparkling white bathroom.

First-class building amenities include a fully equipped gym, games room with pool table, library and lounge with dedicated working spaces, wine lounge with cellar facilities, pool, theatre, dining room and BBQ terrace.

Set within moments of Melbourne?s arts precincts and city-bound trams, live within close proximity of such local landmarks as Crown Casino and South Melbourne Market.

Property History for 1102/70 Dorcas St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$515,000
24 Apr 2024
Listed for Rent
$600/w
07 Feb 2023
  • 24 Apr 2024
    Sold for $515,000
  • 26 Feb 2024
    Listed for Sale Not Disclosed
  • 30 Jan 2023
    Listed for Rent $600 / week
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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 27,866 properties. Over the last 5 years, Houses in Southbank have seen a 24.59% increase in median value, while Units have seen a -1.39% decrease. As at 31 October 2024:

  • The median value for Houses in Southbank is $639,437 while the median value for Units is $576,656.
  • Houses have a median rent of $670 while Units have a median rent of $662.
There are currently 201 properties listed for sale, and 218 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1240 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.