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1602/70 Dorcas Street, Southbank$512,500
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For Saleapartment

1602/70 Dorcas Street

Southbank, VIC 3006, Australia
$490,000 – $535,000
2 bed 1 bath 1 car

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About this property

Discover the perfect blend of comfort, style, and convenience in this beautifully presented two-bedroom apartment on Level 16 of the renowned Kings Domain development. Bathed in natural light, the apartment features a spacious open-plan living and dining area that flows seamlessly to a private winter balcony with city views - ideal for relaxation or entertaining. Key features: - Bright and airy open-plan living room with floor-to-ceiling windows and timber floors - Contemporary kitchen with stone benchtops, stainless-steel appliances, and gas cooktop - Two generous bedrooms with mirrored built-in wardrobes - Stylish bathroom with modern finishes and concealed laundry area - Reverse-cycle air conditioning for year-round comfort - Private enclosed balcony for extra space and all-season enjoyment - Secure car space and video-intercom entry Perfect for first-home buyers, investors, or professionals seeking low-maintenance inner-city living. Building & Resident Facilities The Kings Domain offers five-star resident amenities designed to enrich everyday living: - Swimming pool and fully equipped gymnasium - Resident lounge, private dining and entertainment areas - Cinema room and library for relaxation - BBQ area and landscaped gardens - Concierge and security - Secure bicycle storage and visitor parking - Enjoy a resort-style lifestyle right in the heart of Southbank. Location & Lifestyle Perfectly positioned between South Melbourne, the Royal Botanic Gardens, and Melbourne's Arts Precinct, this location provides everything you need at your doorstep. Transport Short walk to St Kilda Road trams connecting to CBD, universities, and St Kilda Beach Close to Anzac Station (Metro Tunnel opening soon) for rapid access across Melbourne Easy access to major roads and freeways Education Within the zone for Victorian College of the Arts Secondary School (VCASS) Near Melbourne Grammar School, Hester Hornbrook Academy, and South Melbourne Primary School Abundant childcare and early-learning options nearby Shopping & Dining Minutes from South Melbourne Market, Crown Entertainment Complex, and Southbank Promenade Surrounded by cafes, restaurants, and boutique retail options Close to Woolworths Metro and everyday conveniences Parks & Recreation Walk to Royal Botanic Gardens and Albert Park Lake for outdoor leisure Enjoy nearby walking tracks, cycling paths, and picnic areas Easy reach to Melbourne's cultural landmarks, including Southbank Theatre and Melbourne Recital Centre Expected rental return: $650 per week (approx.) Strong rental demand from young professionals and students seeking proximity to CBD and major institutions What You'll Love (As Seen in the Photos) Bright living area opening to a glass-enclosed balcony Designer kitchen with high-end finishes Stylishly furnished interiors with warm natural tones Immaculately maintained and move-in ready

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,485/month
$1,242 /fortnight
Loan $410,000 at 6.10% over 30 years

Upfront costs

Deposit$102,500
Stamp duty$25,820
Conveyancing (est.)$2,000
Total upfront$130,320
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southbank

This 2-bedroom apartment in Southbank, VIC 3006 sits within reach of public transport, local shops and nearby schools. It is listed 2% below the $525,000 median of 53 comparable apartmentswithin 5 km.

Schools near Southbank

  • South Melbourne Primary Schoolprimary · Prep-6 · CoEd
  • Victorian College Of The Arts Secondary Schoolsecondary · 7-12 · CoEd

What's nearby

  • Stop 127: York Street (tram)704 m away
  • AWM Electrical & Data Suppliers588 m away
  • Kings Business Park109 m away
  • Unnamed210 m away
  • Sturt Street Reserve259 m away

Southbank at a glance

Full suburb profile
Population
22,631
Median age
31
Household income
$1,926/wk
Median rent
$411/wk
Median mortgage
$1,900/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Southbank price trend

Median sold · Unit 2 bed

Compound growth -1.6% / yr over 4 yrs

$605kcurrent median

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Price history

Price history

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1 price change recorded for this property

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