56/39 Dorcas StreetSouth Melbourne VIC 3205
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The Plaza: 5th Floor - You’ve Found It!
Property Details for 56/39 Dorcas St, South Melbourne
56/39 Dorcas St, South Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with MICM Real Estate - Southbank.
About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,874 properties. Over the last 5 years, Houses in South Melbourne have seen a 10.82% increase in median value, while Units have seen a 6.26% increase. As at 30 November 2025:
- The median value for Houses in South Melbourne is $1,744,641 while the median value for Units is $633,273.
- Houses have a median rent of $725 while Units have a median rent of $650.
Suburb Insights for South Melbourne 3205
Market Insights
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