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Sold on 29 Oct 2024 for $600,000

Dorcas Street
Southbank VIC 3006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
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Property Details for 703a/56 Dorcas St, Southbank

703a/56 Dorcas St, Southbank is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Southbank in the last 12 months.

Building Type
Apartment
Floor Size
70m2
Local Government
Melbourne

Last Listing description (October 2024)

Offering sweeping views of the city skyline as well as beautiful sunsets to the west, impeccable contemporary luxury throughout, and a position close to vibrant arts precinct attractions and the Royal Botanic Gardens, this 2 bedroom, 2 bathroom apartment is a Southbank triumph!

You need to start outside with this apartment and the superb balcony, which is the best place to soak in the unforgettable CBD vistas as well as out to the west and south. Inside, designer timber floors and floor-to-ceiling windows are defining features of the spacious living and dining zone, which feeds into the sumptuous marble kitchen with an oversized island bench, space for an integrated fridge, and Miele appliances.


Built-in robes are highlights of both bedrooms including the master bedroom which accesses a striking ensuite, meanwhile other property delights include a stylish main bathroom, concealed laundry, reverse cycle heating and cooling, double glazed windows, storage cage, and secure car space.

Residents of this exclusive building have access to impressive facilities which include outdoor heated pool, lounge, dining facilities, gym, central garden, gold class cinema, library/meeting room, and saunas.

So close to amazing local eateries and cafes, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Clarendon Street shops, South Melbourne Market, city-bound trams, and the new ANZAC.

Property History for 703a/56 Dorcas St, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$600,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $600,000
  • 30 Jul 2024
    Listed for Sale $620,000 - $650,000

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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 27,880 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 177 properties listed for sale, and 242 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1229 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

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Rita Lin
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Jimmy Zhou
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Melcorp Property
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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.