805/8 Dorcas StreetSouthbank VIC 3006
Property Details for 805/8 Dorcas St, Southbank
805/8 Dorcas St, Southbank is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 1441m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (December 2023)
Leased to "Quest on Dorcas" till 2029 then can be owner occupied
In a mixed use complex comprising of owner occupied and service apartments, this apartment currently looked after by the Quest on Dorcas, is an opportunity for an investor looking for a large sized apartment with a car park.
On offer is an 8th level apartment approximately 56sqm in internal size with an exceptionally large terrace.
Galley style kitchen with a stone benchtop and stainless steel splashback, incorporating an electric oven, dishwashing machine and stove top
The dual access 2 tone bathroom comprises of a shower over bath and a laundry alcove.
Large bedroom with built in robes has direct access to the balcony. Floor to ceiling windows provide an open feel to residence.
Apartments features include:
- 4 burner gas stove top
- Reverse cycle heating and cooling split system air conditioning
- Car park on a separate title.
Nearby to the Royal Botanical Gardens, easy tram access along St Kilda Road and the exciting Anzac Station (currently under construction).
Take a quick trip to South Melbourne market or Albert Park Lake.
Please note: the furniture displayed is NOT being Sold with the apartment.
Deposit: 10%
Settlement: 30 days
Property History for 805/8 Dorcas St, Southbank, VIC 3006
- 12 May 2023Sold for $360,000
- 20 Feb 2023Listed for Sale Contact Agent
- 28 Jun 2004Sold for $343,750
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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.
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