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2004/56 Dorcas Street, Southbank$775,000
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2004/56 Dorcas Street

Southbank, VIC 3006, Australia
$775,000
2 bed 2 bath 1 car76 m²

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About this property

Positioned in one of Southbank's most tightly held residential addresses, this beautifully appointed apartment offers an exceptional inner-city lifestyle defined by quality, comfort, and first-class resident facilities. Set moments from the Arts Precinct, riverside dining, South Melbourne Market, Clarendon Street shopping, and ANZAC Station, the location delivers effortless access to culture, green spaces, and transport. The interior reveals a sophisticated design with sleek dark timber flooring and a sense of understated luxury throughout. The home features a thoughtfully designed kitchen with premium stone benchtops, generous preparation space, and integrated Miele appliances, offering both functionality and visual impact. Accommodation comprises two well-proportioned bedrooms, including a main bedroom with a private ensuite, complemented by a stylish bathroom. A discreet European laundry and reverse-cycle heating and cooling ensure everyday comfort. A private balcony captures a rare dual-aspect outlook, with views toward the Royal Botanic Gardens to one side and the iconic Arts Centre Melbourne to the other, creating an impressive and ever-changing city backdrop from this elevated position. Residents enjoy access to outstanding resort-style amenities, including a heated outdoor swimming pool, fully equipped gymnasium, private cinema, residents' lounge and dining spaces, landscaped central gardens, library and meeting rooms, and sauna facilities. Secure standard parking space and intercom entry complete this premium offering. An outstanding opportunity to secure refined, low-maintenance living in one of Melbourne's most sought-after inner-city locations. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own enquiries and obtain their own legal and financial advice.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
2
Parking
1
Land Area
76 m²
Listed
3 months ago

Repayment calculator

$3,757/month
$1,879 /fortnight
Loan $620,000 at 6.10% over 30 years

Upfront costs

Deposit$155,000
Stamp duty$41,570
Conveyancing (est.)$2,000
Total upfront$198,570
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 51% above the $514,500 median of 56 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)843 m away
  • AWM Electrical & Data Suppliers705 m away
  • Kings Business Park247 m away
  • Unnamed350 m away
  • Sturt Street Reserve385 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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