201/240-242 Dorcas Street, South Melbourne, VIC 3205 sold on 31 January 2026 | OnTheHouse
SOLD
Sold on 31 Jan 2026 for $655,000

201/240-242 Dorcas Street
South Melbourne VIC 3205

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 668m2
Sold By
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Evoke Property Management
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Property Details for 201/240-242 Dorcas St, South Melbourne

201/240-242 Dorcas St, South Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 668m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Unit sold in South Melbourne in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
82m2
Land Size
668m2
Local Government
Port Phillip
Lot/Plan
201/PS738339

Last Listing description (March 2026)

This sophisticated two-bedroom apartment perfectly balances contemporary design with the indulgence of a five-star retreat. Exposed concrete feature ceilings bring a bold, urban character thats softened by refined finishes and thoughtful details throughout.

A discreet entrance off Dorcas Street leads to a secure, architecturally designed lobby inspired by South Melbournes laneway culture, just moments from the areas best dining, art, and boutique shopping. With both the CBD and South Melbourne Beach within easy reach, this address delivers the ultimate in lifestyle and convenience.

The master bedroom enjoys city views, built-in robes, and direct access to the central bathroom, while the second bedroom also includes ample built-in storage. The open plan living and dining area is bathed in natural light, with floor-to-ceiling glass doors opening to a private balcony, perfect for relaxing or entertaining. A sleek kitchen features Miele appliances, stone benchtops, and a full-size integrated fridge and freezer, offering both style and practicality.

Additional features include engineered oak floorboards throughout, split system heating and cooling, a European laundry, and secure entry with an intercom system. Completing the picture is an allocated car stacker space and a storage cage, adding everyday ease to this stylish city-fringe home.

Property History for 201/240-242 Dorcas St, South Melbourne, VIC 3205

A timeline of how this property has performed in the market
Last Sold
$655,000
31 Jan 2026
  • 31 Jan 2026
    Sold for $655,000
  • 03 Nov 2025
    Listed for Sale $680,000 - $720,000
  • 12 Mar 2024
    Listed for Sale $685,000
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About South Melbourne 3205

The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the 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 12,921 properties. Over the last 5 years, Houses in South Melbourne have seen a -2.61% decrease in median value, while Units have seen a 1.68% increase. As at 30 June 2026:

  • The median value for Houses in South Melbourne is $1,689,377 while the median value for Units is $624,560.
  • Houses have a median rent of $825 while Units have a median rent of $675.
There are currently 34 properties listed for sale, and 34 properties listed for rent in South melbourne on OnTheHouse. According to Cotality's data, 469 properties were sold in the past 12 months in South melbourne.

Suburb Insights for South Melbourne 3205

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.