1714/8 Dorcas StreetSouthbank VIC 3006
Property Details for 1714/8 Dorcas St, Southbank
1714/8 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in Southbank in the last 12 months.
Last Listing description (May 2024)
Perfectly positioned for ocean views, this 17th floor supersized 1-bedroom apartment offers an enormous amount of space and grace.
Step inside this supersized apartment and discover a spacious open plan living and dining which makes a seamless connection with an undercover balcony offering relaxed neighbourhood and ocean views. The gleaming kitchen comes with a stainless-steel appliances plus a dishwasher, and if further complimented by a separate enclosed space to be easily utilised as a 'work from home office'/yoga studio/or an additional entertaining space. As night closes in, a magnificent sunset offers an unrivalled backdrop, providing long-lasting memories at every celebration. A light-filled and mirror-robed bedroom is also generously scaled, serviced by separate a tiled bathroom with a shower and bath.
Included features such as concealed laundry, heating, slimline blinds, intercom entry and secure undercover parking add a touch of luxury. Venture out to an unmatched inner-city living with all the lifestyle advantages. Stroll to South Melbourne Market, the Arts Precinct, St Kilda Road trams, local cafes, restaurants and the wide-open greenery of the Royal Botanic Gardens.
Easy to love, exceptional to live in and effortless to rent out. Securing a potential weekly rental of up to $570 per week, makes this property an undeniably strong investment opportunity.
Property History for 1714/8 Dorcas St, Southbank, VIC 3006
- 04 May 2024Sold for $438,000
- 05 Apr 2024Listed for Sale $430,000-$450,000
- 12 May 2021Listed for Rent $350 / week
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0About 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 28,051 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:
- The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
- Houses have a median rent of $656 while Units have a median rent of $650.
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